Events: Ofwat, Britain’s water regulator, announces its draft decision on how much household bills will be allowed to rise over the next five years. Buckingham Palace opens its State Rooms and East Wing to visitors until September 29.

Central banks: Banque de France governor François Villeroy de Galhau speaks on the balance of payments report.

Economic data: All eyes are focused on May’s gross domestic product data, which will indicate if the UK economy has revived after failing to grow in April. Italy releases April international tourism figures.

Corporate news: Low-cost airline Jet2 announces preliminary full-year results.  Jet2holidays, the UK’s largest tour group, is expected to provide a fuller outlook for the all-important summer season. Updates are also due from Galliford Try, Hays, Severn Trent, Wood Group and Workspace Group.