RTTNews - Wednesday, Eurozone's quarterly national accounts and producer prices are the major statistical reports due for the day.
At 3.00am ET, the Hungarian statistical office is slated to release final trade data for June. In the meantime time, the National Institute of Statistics is scheduled to issue Spanish unemployment for August. The number of unemployed persons in August is seen at 33,000.
At 4.30am ET, the UK CIPS Construction PMI is due. The construction PMI is seen at 48 in August, up from 47 in July.
Thereafter, a revised GDP report for Eurozone is due. According to preliminary estimate, the euro area shrank 0.1% sequentially in the second quarter, much slower than the 2.5% decline seen in the first quarter. Year-on-year, the seasonally adjusted GDP dropped 4.6% compared to first quarter's 4.9% fall.
Meanwhile, Eurozone producer prices are expected to drop 0.6% in July from the prior month. Annually, the decline is seen at 8.4%.
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