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Revised quarterly national accounts from Germany and the U.K. are the major reports due on Friday.
At 2.00 am ET, Destatis is set to release Germany's final second quarter GDP data. According to preliminary estimate, the economy expanded 0.7 percent.
Austria's industrial output for June is due at 3.00 am ET. Production was down 1.4 percent month-on-month in May.
At 4.30 am ET, the Office for National Statistics is scheduled to issue second estimates of U.K. GDP. The statistical office is expected to confirm the 0.6 percent sequential growth for the second quarter.
In the meantime, the index of services and business investment figures are due. U.K.'s services output is forecast to grow 0.1 percent month-on-month in June compared to 0.2 percent in May.