European Economics Preview: BoE Minutes Due

The minutes from the Bank of England is the major report due on Wednesday, headlining a light day for the European economic news.

At 4.30 am ET, the Bank of England is set to release the minutes of the monetary policy meeting held on September 5 and 6. The nine-member committee left the size of quantitative easing unchanged at GBP 375 billion and retained the key interest rate at 0.50 percent.

At 5.00 am ET, Swiss ZEW survey results for September are due. The economic sentiment index rose to -33.3 points in August from -42.5 points in July.

In the meantime, Eurostat is slated to issue Eurozone construction output data. Output was down 0.5 percent month-on-month in June.

At 5.30, Germany's debt auction results are due. The government targets to raise a maximum of EUR 5 billion from the issue of Federal Treasury notes.

Industrial output and producer prices reports are due from Poland at 8.00 am ET. Industrial output is expected to rise 1.1 percent year-on-year in August, slower than the 5.2 percent rise in July. Producer price inflation is seen slowing to 3 percent in August from 3.7 percent.