Consumer Confidence. EU, 16:00 (GMT+2) 23 Jul

At 16:00 (GMT+2), the July data on the eurozone consumer confidence index will be published. The index is calculated based on a survey of 2.3K households assessing the economic outlook. It is a leading indicator for consumer spending, with high values indicating consumer optimism and vice versa. The indicator is likely to adjust from −17.7 points to −16.9 points, putting pressure on the position of the single European currency.