Economic calendar: US durable goods orders revision, API oil inventories report

• European indices open lower
• CHF weakens after in-line CPI reading
• Second-tier data from Europe and United States

European indices launched today's trading lower - German DAX opened 0.3% lower, UK FTSE 100 dropped 0.2% at session launch, while French CAC40 was down almost 0.4%. This comes after a mixed session on Wall Street yesterday and mostly downbeat trading during the Asia-Pacific session earlier today.

Economic calendar for the day ahead is light. Traders were already offered an in-line CPI reading from Switzerland, that cause CHF to weaken slightly. German unemployment rate data for May is scheduled for 8:55 am BST, but it rarely triggers any larger market moves. Revision of durable goods orders and factory orders data from the United States will be released in the afternoon.

8:55 am BST - Germany, unemployment rate for May. Expected: 5.9%. Previous: 5.9%

3:00 pm BST - US, JOLTS job openings report for April. Expected: 8.34 million. Previous: 8.488 million

3:00 pm BST - US, durable goods orders for April (final).

• Headline. First release: 0.7% MoM
• Ex-transport. First release: 0.4% MoM

3:00 pm BST - US, factory orders for April. Expected: 0.6% MoM. Previous: 0.8% MoM

9:40 pm BST - US, API oil report. Expected: -1.9 mb. Previous: -6.49 mb

Central bankers' speeches

• 9:15 am BST - SNB Martin
• 10:00 am BST - ECB Buch