The forthcoming economic highlights on Wednesday predominantly comprise of the producer and consumer prices from the UK, alongside revised GDP figures from the euro area.
From 2.00 am ET, the Office for National Statistics will release January's UK consumer and producer prices. Predictions suggest a rise in inflation to 4.1 percent from December's 4.0 percent. However, output prices are projected to decrease by 0.5 percent annually, contrasting with the preceding month's marginal gain of 0.1 percent.
Simultaneously, the anticipated fourth-quarter GDP data from mainland-Norway is expected to match the third-quarter growth rate of 0.1 percent.
Following at 3.30 am ET, the Netherlands will release the initial GDP, foreign trade and household consumption figures.
At 4.00 am ET, the preliminary fourth-quarter GDP data will be published by Statistics Poland. An anticipated contraction of the Polish economy by 1.0 percent is expected to negate the third quarter's 1.5 percent growth.
The release of the UK's house price data is expected from 4.30 am ET, with forecasts anticipating a 1.8 percent annual drop for December, following November's decrease of 2.1 percent.
Concluding the day's economic releases, Eurostat is expected to publish the revised fourth-quarter GDP data for the euro area and December's industrial output figures at 5.00 am ET. The initial flash estimate indicated stability in the currency bloc during the fourth quarter following a slight third-quarter dip of 0.1 percent.
