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

At 2.00 am ET, Statistics Norway releases unemployment data. The jobless rate is seen unchanged at 4.5 percent in April.

At 3.00 am ET, Sweden's economic tendency survey results are due. The economic tendency survey index is seen falling to 110.4 in June from 111 in May.

At 4.30 am ET, the Office for National Statistics publishes UK public sector net borrowing data. The budget deficit is forecast to narrow to GBP 6.8 billion in May from GBP 10.36 billion in April.

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