Industrial production from the euro area and final inflation from Germany are the major statistical reports due on Wednesday.
At 1.30 am ET, the French statistical office Insee is scheduled to release consumer price figures for May. EU harmonized inflation is forecast to fall to 2.3 percent in May from 2.4 percent in April.
Half an hour later, Germany's final inflation and Finnish retail sales reports are due. According to flash estimate, Germany's EU harmonized inflation slowed to 2.1 percent in May from 2.2 percent in April.
Spain's final inflation data is due at 3.00 am ET. Inflation for May is expected to match the flash estimate of 1.9 percent.
At 3.15 am ET, the Federal Statistical Office is slated to release Swiss producer and import prices for May. Producer and import prices are forecast to fall 2 percent annually, following a 2.3 percent drop in April.
Italy's final inflation figures are due from the statistical office Istat at 4.00 am ET. According to preliminary estimate, EU harmonised inflation for May was 3.5 percent.
At 5.00 am ET, Eurostat is set to publish Eurozone industrial output figures for April. Economists forecast production to fall 1.2 percent month-on-month in April after easing 0.3 percent in March.
In the meantime, bond auction results are due from Italy and Germany. Germany aims to raise EUR 5 billion from the auction of long-term bonds. Italy plans to issue 3 and 12 month bills.
by RTT Staff Writer
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