Economic calendar: German IFO index, central bankers' speeches

• European indices set to open slightly higher
• German IFO index, Dallas Fed index
• Speeches from ECB, Fed and BoC members

Index futures point to a flat or slightly higher opening of today's cash session for major European stock market indices. This comes after a rather downbeat Asia-Pacific session earlier today, during which the majority of indices from the region declined. EUR and GBP are the best performing major currencies, while JPY and USD lag the most. Cryptocurrencies are pulling back sharply, with Bitcoin dropping 2% and Dogecoin trading 6% lower.

Economic calendar for today is light, as is usually the case on Mondays. Traders will be offered German IFO index for June at 9:00 am BST as well as Dallas Fed index for June at 3:30 pm BST. Apart from that, today's calendar includes a number of speeches from ECB, Fed and BoC members. 

9:00 am BST - Germany, IFO index for June. Expected: 89.7. Previous: 89.3

9:00 am BST - Poland, retail sales for May. Expected: 5.7% YoY. Previous: 4.3% YoY

3:30 pm BST - US, Dallas Fed index for June. Expected: -15.0. Previous: -19.4

Central bankers' speeches

• 8:00 am BST - Fed Waller
• 11:10 am BST - ECB Nagel
• 1:30 pm BST - ECB Villeroy
• 3:15 pm BST - ECB McCaul
• 4:30 pm BST - ECB Schnabel
• 6:30 pm BST - BoC Governor Macklem
• 7:00 pm BST - Fed Daly
• 8:00 pm BST - BoC Governor Macklem