The main economic news to be released on Wednesday will be the final results of the eurozone and UK composite purchasing managers' surveys.
At 2:45 a.m. ET, French statistics agency INSEE is scheduled to release industrial production data for April. Output is expected to increase 0.5% from the previous month, following a 0.3% decline in March.
At 3:15 a.m. ET, S&P Global will release Spain's services PMI data, with economists expecting the index to rise to 56.5 from 56.2 last month.
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At 3:45 a.m. ET, Italy's Services PMI survey is due to be released. The index is expected to come in at 54.4 for May, up from 54.3 in the previous month.
Final data from France's composite PMI survey is due to be released at 3:50 a.m. ET. Economists expect the index to fall to 49.1 in May from 50.5 in April.
At 3:55 a.m. ET, S&P Global is scheduled to release its final composite PMI survey results for Germany. The composite index is expected to rise to 52.2 in May from 50.6 in April, in line with earlier expectations.
At 4 a.m. ET, the final euro zone composite PMI survey data will be released. The composite index is expected to come in at 52.3 for May, unchanged from the flash reading and up from 51.7 in April.
At 4:30 a.m. ET, S&P Global will release the final composite PMI data for the UK. Economists expect the services PMI to fall to 52.9 in May from 55.0 in April, in line with earlier expectations.
At 5 a.m. ET, Eurostat is scheduled to release euro zone producer prices for April, which are forecast to fall 5.1% from a year ago, following a 7.8% drop in March.
