Germany Factory Orders s.a. (MoM) (May): -1.3% vs -2.2% (April)

The uncertain situation in Portugal and Greece as well as the US employment report release are in market focus on Friday. Lisbon is continuing its efforts to stem the political crisis which has erupted at the beginning of the week, while Athens will try to reach and agreement with Troika inspectors on its bailout program. In the meantime the US jobs report result will give indications on how the world's largest economy is faring.