European Economics Preview: UK Retail Sales, Flash PMI Due

Retail sales from the UK and flash Purchasing managers' survey results from both euro area and the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for June. Sales are expected to fall 0.3 percent in June from May, when the volume was down 0.5 percent.