European Union statisticians second take on eurozone second-quarter GDP figures will be one of the data highlights of the week in Europe as the vacation season gets underway.
The bulletin, to be delivered by Eurostat on Friday, follows a "preliminary flash estimate" published on July 29 that put quarterly eurozone GDP growth at 0.3%, down from 0.6% in the previous quarter. On the year growth slowed to 1.6% from 1.7%. In the wider 28-nation EU growth slowed to 0.4% from 0.5% in the first quarter as the economy expanded by 1.8% on the year, the July 29 report said.
European industrial output data for June will also trickle out over the week, with German figures on Monday, U.K. data on Tuesday and a French report on Wednesday.
Credit Suisse analysts said German output should increase by 0.5% on the month, U.K. output should rise 0.2% and French output should decline by 0.5%.
Other noteworthy reports include the August Sentix investor confidence index, which is out on Monday and will be scrutinized for evidence of how far the U.K.'s Brexit vote has battered sentiment, and German trade figures on Tuesday.
From Asia investors will be looking at July Chinese trade data, which is due out on Monday, for evidence of whether domestic demand can sustain growth rates as the country transitions to a consumer-led economy. In June, imports plunged faster than exports.
Friday news from China on retail sales, urban investment and industrial output also feature among the data highlights.
Meanwhile, the Reserve Bank of New Zealand is expected on Wednesday to make a quarter-point cut to the 2.25% benchmark rate.
On the corporate front, earnings season draws to a close after a busy two weeks in Europe. results highlights include first-half updates from leading German utilities E.ON (EONGY) and RWE (RWEOY) , both of which are in the midst of splitting themselves into two. The bulletins come on Wednesday and Thursday, respectively.
On Thursday nine-month figures London- and Frankfurt-listed package tour operator Tui (TUIFF) will be scrutinized for commentary on the impact of security fears on bookings, partly for wider implications for the leisure sector.