Mortgage approvals data from the U.K. is due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Switzerland’s UBS consumption indicator is due for July. The indicator stood at 1.68 in June.

At 3.00 am ET, the National Institute of Economic Research is set to publish Sweden’s economic tendency survey results. The corresponding index is forecast to rise to 103 in August from 102.7 in July.

Half an hour later, Sweden’s foreign trade data is due. The trade surplus is seen at SEK 4 billion versus SEK 8.4 billion in June.

At 4.00 am ET, Norway’s unemployment figures are due. Economists forecast the jobless rate to remain unchanged at 3.1 percent in August.

At 4.30 am ET, British Bankers’ Association is slated to release mortgage approvals data. The number of mortgage approvals is seen at 46,000 in July compared to 44,488 in June.

At 6.00 am ET, the Confederation of British Industry is set to publish Distributive Trades Survey results for August. The retail sales balance is expected to fall to 18 in August from 21 in July.

The material has been provided by InstaForex Company – www.instaforex.com