29.08.201801:57:00UTC+00European Economics Preview: Germany's GfK Consumer Sentiment Data Due

Consumer confidence data from Germany is due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Germany's GfK consumer sentiment survey results are due. The forward-looking consumer confidence index is seen unchanged at 10.6 in September.

At 2.45 am ET, the French statistical office Insee releases consumer spending and second estimate for GDP. Consumer spending is forecast to expand 0.3 percent on month in July, faster than the 0.1 percent increase in June.

At 3.00 am ET, Hungary's unemployment data is due. The jobless rate is expected to remain unchanged at 3.6 percent in July.

At 4.55 am ET, Iceland's central bank is set to announce the interest rate decision.