At 11:00 (GMT+2), June data on eurozone retail sales volumes will be released, which is an indicator that records the total of all goods sold by retailers on a monthly basis, based on a sample of outlets of different types and sizes. It is the primary indicator of consumer spending, which influences the GDP. If it falls from –0.7% on a monthly basis and from 1.8% on an annual basis, this will put pressure on the euro exchange rate.
