Unemployment data from the UK is due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for March. Prices had advanced 5 percent on year in February.

At 3.00 am ET, Spain's INE is slated to release final inflation figures for March. Annual inflation is forecast to match the flash estimate of 2.3 percent.

At 4.30 am ET, UK labor market statistics is due from the Office for National Statistics. The ILO jobless rate is forecast to remain unchanged at 4.7 percent in three months to February.

In the meantime, Bank of England Governor Mark Carney is set to speak at International FinTech Conference in London.

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