On Friday, significant economic updates are expected, including Germany's industrial production and foreign trade data, as well as housing price statistics from the UK.
At 2:00 AM ET, Destatis will release Germany's industrial production and foreign trade figures for July. Projections indicate a 0.4 percent decline in production compared to June's 1.4 percent increase. The trade surplus is anticipated to rise slightly to EUR 21 billion from EUR 20.4 billion in June.
At 2:45 AM ET, France's INSEE will report its external trade and current account figures. Analysts predict a 0.3 percent monthly decline in industrial production, reversing the 0.8 percent gain seen in June.
At 4:00 AM ET, Italy's ISTAT will publish retail sales data, with expectations of a 0.1 percent monthly increase, offsetting the 0.2 percent decrease in June.
At 5:00 AM ET, Eurostat will release revised GDP data for the euro area. Earlier estimates suggested a 0.3 percent quarter-on-quarter growth in the second quarter.