Business confidence data from Germany is the only major report due on Monday, headlining a light day for the European economic news.

At 4.00 am ET, Germany’s ifo business confidence survey data is due. The business confidence index is forecast to rise to 90.3 in May from 89.4 in the previous month.

In the meantime, unemployment data is due from Poland. The jobless rate is seen at 5.1 percent in April, down from 5.3 percent in March.

At 5.00 am ET, producer price data is due from Iceland.