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Revised fourth quarter GDP results and consumer sentiment data from Germany, along with industrial new orders data from the Eurozone are the major data due from Europe on Wednesday.
At 2:00 am ET, Germany's Federal Statistical Office is scheduled to release the final fourth quarter GDP figures. Economists do not expect to see any revision to the preliminary data that showed German output had stagnated in the final three months of 2009.
Consumer sentiment data for Germany is due at the same time from the market research firm GfK. The sentiment indicator is seen at 3 in March, down from 3.2 in February.
At 3:00 am ET, the Czech Statistical Office is slated to issue consumer confidence data for February. The consumer confidence index stood at minus 11.5 in January.
Industrial production data is due from the statistical office at the same time. Year-on-year, industrial output is forecast to grow 3.5% in January, accelerating from the 1.8% increase in the previous month.
At 4:00 am ET, the Italian statistical office is expected to release retail sales figures for December. Retail sales are tipped to rise 0.2% on a monthly basis but fall 0.9% on a yearly basis.
In the meantime, unemployment data is due from Norway's Labor and Welfare Organization. The jobless rate is expected to rise to 3.3% in December from 3.2% in November.
Consumer price inflation figures for February are due from Statistics Iceland at the same time.
At 5:00 am ET, Eurostat is set to issue industrial new orders data for December. Economists expect new orders to rise 7.6% on a yearly basis but fall 1% on a monthly basis.
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