Events: European Commission President Ursula von der Leyen and Polish Prime Minister Donald Tusk address the European Economic Congress in Katowice, Poland. The inauguration ceremony for Russian President Vladimir Putin is scheduled. The Eurovision Song Contest opens in Malmö, Sweden.

Central banks: Sweden’s Riksbank holds an interest rate meeting.

Corporate updates: Quarterly results are due from BP, UBS, Sandoz, UniCredit, Deutsche Post, Bouygues, Heidelberg Materials and Ferrari.

Economic indicators: Halifax issues its UK house price index for April, while construction purchasing managers’ index data is also released. Germany publishes trade and industrial orders and construction PMIs. Eurozone retail sales figures are also due.

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