Wednesday, the German trade balance and factory orders are due.

At 2.00am ET, the Federal Statistical Office is set to release the trade balance for February. The German trade surplus is expected to fall to EUR 7.5 billion in February from EUR 8.5 billion in the prior month. Monthly fall in exports is seen at 3.3%. Meanwhile, a 2.3% monthly decline is expected for imports.

In the meantime, the Finnish GDP indicator is due. The indicator is forecast to fall 6% year-on-year in January, after declining 4.8% in December.

French business sentiment is expected from the Bank of France at 2.30am ET. Thereafter, the French trade balance is also due. Economists predict the trade deficit to narrow to EUR 4.2 billion from EUR 4.5 billion in January.

At 3.00am ET, the Hungarian trade balance and Turkish industrial output reports are expected. On a yearly basis, Turkish industrial output is predicted to fall 21.1% year-on-year in February compared to a 21.3% decrease in January.

The Statistics Norway is slated to release Norwegian CPI for March. Annual inflation in March is seen at 2.5%, the same as in February.

At 5.30am ET, the British Retail Consortium is scheduled to release the shop price index.

Half an hour later, German factory orders is due. After declining 37.9% in January, factory orders are expected to drop 36.5% in February.

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