Destatis is slated to issue Germany's retail sales for October in the pre-European session on Wednesday at 2:00 am ET. Sales are forecast to grow 1 percent on a yearly basis, slower than the 0.4 percent rise in September.

Ahead of the data, the euro showed mixed trading against its major rivals. While the euro rose against the pound, the U.S. dollar and the yen, it held steady against the Swiss franc.

As of 1:55 am ET, the euro was trading at 0.8523 against the pound, 1.0776 against the Swiss franc, 1.0637 against the U.S. dollar and 119.91 against the yen.

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