Wednesday, Eurozone retail sales data and UK official reserves report for are due.

At 3.00am ET, Spain's statistical office is likely to announce industrial production data for March. Economists expect a year-on-year fall of 19.7% in March.

At the same time, the Czech statistical office is expected to release a report regarding employment and unemployment for the first quarter.

Thereafter, wholesale price index data for Austria is due from the Statistics Austria at 3.30am ET. At the same time, the Statistics Denmark would release industrial production report for March.

UK's HM Treasury is set to unveil details regarding the official reserves for April at 4.30am ET.

Retail sales data for March is due from the Eurostat at 5.00am ET. Economists forecast Eurozone retail sales to mark a month-on-month increase of 0.1% after falling 0.6% in February. On an annual basis, sales are expected to fall 2.6%.

Romania's central bank will be announcing the monetary policy decision, which according to economists would be a cut to 9.75% from the current 10%.

Purchasing managers' index data for the Eurozone, euro area economies and the UK are also due on Wednesday.

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