London (UKX) +0.56% with parliamentary election in focus. Investors will be closely watching how the Labour Party can gather a majority vote, to replace the Conservatives after 14 years.

Germany (DAX:IND) +0.23% Germany June construction PMI 39.7 vs 38.5 prior; Germany May industrial orders -1.6% vs +0.5% m/m expected

France (CAC:IND) +0.51% France Construction PMI fell to a three-month low of 41 in June.

Switzerland June CPI +1.3% vs +1.4% y/y expected; Switzerland June seasonally adjusted unemployment rate 2.4% vs 2.4% expected.

Italy Construction PMI dropped to 46 in June.

Retail sales in Slovakia rose by 5.2% Y/Y in May.

Retail trade in the Czech Republic grew 4.4% Y/Y in May.

Eurozone Construction PMI fell to 41.8 in June.

The pan-European Stoxx 600 (STOXX) moved 0.29% higher, extending previous day gains with optimism after economic data for the U.S. reinforced prospects of Fed reducing interest rates this year.

Coming up in the session: Traders are also bracing for the UK parliamentary election, with the results due only later in the evening.

In the bond market, the U.S. 10-year Treasury yield was down 8 basis points to 4.35%.

Germany's 10-year yield was up less than 1 basis point at 2.57%.

U.K.'s 10-year yield was up 1 basis point to 4.18%.

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