2014.06.2302:02:00UTC+00Eurozone Flash Composite PMI On Tap For Monday

Preliminary results of Markit's survey of private sector activity in the Eurozone and in Germany are some of the important economic data releases due on Monday.

Markit Economics is expected to release its flash composite PMI for Eurozone at 4 am ET. Economists estimate the composite PMI to come in at 53.4 in June, slightly lower than the 53.5 in May. The manufacturing PMI is estimated to decrease marginally to 52.1 in June from 52.2 in May, while the service sector PMI is forecast at 53.3, higher than the 53.2 in May.

At 3 am ET, Markit Economics is scheduled to release its flash estimates for French manufacturing and services PMI for June. In May, the manufacturing PMI was at 49.6 and the services PMI logged 49.1.

Also, at 3:30 am ET, Markit Economics will release its preliminary composite PMI for Germany. Economists expect the manufacturing PMI to edge up to 52.5 in June from 52.3 in May. However, the services PMI is estimated to decrease to 55.8 in June from 56 in May.

The Central Statistical Office of Poland is due to release its unemployment report around the same time. The unemployment rate is estimated to reduce to 12.5 percent in May from 13 percent in April.

An hour later, the Croatian Bureau of Statistics will release its unemployment figures for May. In April, the unemployment rate was at 21.1 percent.

European Central Bank, or ECB, Vice President Vitor Constancio is scheduled to speak in Frankfurt at 3 am ET. ECB official Daniele Nouy will speak in Dublin at 4:25 am ET and ECB's Yves Mersch is due to speak in Sopot at 8 am ET.