At 09:55 (GMT+2), German services business activity index for May will be published. The indicator is calculated on the basis of a survey of procurement managers of enterprises in the services sector, while assessing their attitude to the current economic situation and prospects for its further development. It is likely to decline from 49.0 points to 47.2 points, and the Composite PMI may adjust from 51.0 points to 48.6 points, putting pressure on the euro exchange rate.
