Economic calendar: Virus data keeps markets nervous

• Markets remain nervous as Covid-19 cases continue to rise
• US existing home sales seen dropping 3% in May
• 3 ECB members to deliver speeches

European futures trade lower ahead of the cash session open. Markets remain jittery amid continuous rise in new coronavirus cases. There aren’t many important events scheduled for today. Polish retail sales data will be released in the morning while US existing home sales dat will be the only noteworthy release during the US trading hours. Last but not least, 3 ECB members will deliver speeches today.

9:00 am BST – Poland, retail sales for May. Expected: -12.9% YoY. Previous: -22.6% YoY

3:00 pm BST – US, existing home sales for May. Expected: -3% MoM. Previous: -17.8% MoM

Central bankers’ speeches

• 10:45 am BST – ECB’s Hakkarainen
• 3:15 pm BST – ECB’s de Guindos
• 5:30 pm BST – ECB’s Lane