Final Purchasing Managers' survey and unemployment from euro area are due on Thursday, headlining a busy day for the European economic news.

At 2.00 am ET, U.K. Nationwide house prices are due. Economists forecast house prices to rise 4.7 percent annually in November, following a 4.6 percent increase in October.

At 3.00 am ET, PMI survey results are due from Hungary, Norway and Poland.

At 3.15 am ET, Spain's factory PMI and Swiss retail sales figures are due. Spain's manufacturing PMI is seen rising to 53.7 in November from 53.3 in October.

Thereafter, final PMI reports are due from Germany and France.

At 4.00 am ET, IHS Markit releases Eurozone final PMI data. The factory PMI is expected to match the flash score of 53.7 in November.

Half an hour later, U.K. CIPS/Markit manufacturing PMI is due. Economists forecast the index to rise slightly to 54.4 in November from 54.3 in October.

At 5.00 am ET, Eurostat is slated to publish Eurozone unemployment data. The jobless rate is seen unchanged at 10 percent in October.

In the meantime, final GDP figures are due from Italy. According to preliminary estimate, the economy expanded 0.3 percent in the third quarter.

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