Unemployment data from the UK and final inflation from euro area are due on Wednesday, headlining a light day for the European economic news.
At 3.55 am ET, Iceland's central bank is set to announce its interest rate decision.
At 4.00 am ET, Italy's foreign trade data is due for March. The trade surplus totaled EUR 1.88 billion in February.
At 4.30 am ET, the Office for National Statistics is scheduled to issue UK unemployment data. The ILO jobless rate is forecast to remain unchanged at 4.7 percent in the first quarter.
At 5.00 am ET, Eurozone final inflation data is due. Inflation is seen at 1.9 percent in April, unchanged from the flash estimate. Euro area construction output is also due at 5.00.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.