Wednesday, major statistical reports due for the day are German retail sales and Eurozone unemployment.

At 2.00am ET, the Federal Statistical Office is scheduled to issue German retail sales for February. Retail sales are forecast to rise 0.3% on a monthly basis in February. Year-on-year, retail sales are predicted to drop 1.2% annually in February compared to 1.3% decline in the prior month.

At 3.30am ET, the Swiss SVME PMI is due. The index is forecast to rise to 33 in March from 32.6 last month. Thereafter, final PMI reports are due from Germany, France and Eurozone.

At 5.00am ET, the Eurozone unemployment data is due from Eurostat. The jobless rate is expected to rise to 8.3% in February from 8.2% last month.

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