At 08:00 (GMT+2), May data on retail sales will be published in Germany. Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). On a monthly basis, it is likely to rise from –1.2% to 0.0%, which could have a positive impact on the euro's positions.
