Wednesday follows a busy earnings day, with more than two dozen major announcers. At the same time, a series of economic releases will keep markets moving.
Here's what you need to know.
- South Korea starts the day off early with unemployment at 6:00 p.m. EST on Tuesday evening. Economists predict the country's jobless rate will tick up 10 basis points in January to 3.2 percent.
- Retail sales in Singapore will be released when the clock strikes midnight. Sales are seen declining 0.1 percent month-on-month in December. That's better than a 0.6 percent drop in November.
- Attention shifts to Europe at 1:30 a.m. EST on Wednesday morning, with a preliminary reading of fourth quarter GDP in France. Economists polled by Bloomberg expect a 0.2 percent contraction from the third quarter.
- At 2:00 a.m. EST Germany will announce how its economy performed during the fourth quarter. Consensus is for a 0.3 percent sequential decline.
- Czech fourth quarter gross domestic product follows an hour later, at 3:00 a.m. EST, with expectations for a flat reading.
- Spanish consumer prices will be announced at the same time. The core index is seen declining 1.7 percent month-on-month in January.
- Italian GDP is set for release at 4:00 a.m. EST, with expectations for a 0.6 percent quarter-on-quarter contraction during the fourth quarter. That follows a 0.2 percent fall in the third quarter.
- U.K. unemployment and new jobless claims comes out at 4:30 a.m. EST, with consensus for 3,000 new filers while the jobless rate stays flat at 8.4 percent. New claims have fallen well below expectations in both November and December.
- Total euro zone gross domestic product follows the individual announcements at 5:00 a.m. EST. Economists see the key indicator declining 0.4 percent during the final quarter of 2011.
- At 8:30 a.m. EST, Empire Manufacturing will be announced in the U.S., with consensus for an increase to 15 from last month's 13.48 reading.
- U.S. announcements continue at 9:15 a.m. EST, with industrial production and capacity utilization. Production is expected to rise 0.7 percent in January, while capacity utilization perks up 50 basis points to 78.6 percent.
- Closing out the day at 2:00 p.m. EST is the release of the Federal Open Markets Committee minutes from January 24 and 25.
Below, a roundup of tomorrow's big announcers.
Devon Energy ( DVN ): $1.48
Cimarex Energy ( XEC ): $1.31
Dr Pepper Snapple Group ( DPS ): $0.74
Owens Corning ( OC ): $0.48
Comcast ( CMCSA ): $0.42
ACCO Brands ( ABD ): $0.27
Deere & Co ( DE ): $1.23
Incyte Corp ( INCY ): -$0.41
ITT ( ITT ): $0.36
Abercrombie & Fitch ( ANF ): $1.17
Clearwire ( CLWR ): -$0.37
Ancestry.com ( ACOM ): $0.34
Jarden ( JAH ): $0.91
Agilent Technologies ( A ): $0.69
NVIDIA ( NVDA ): $0.24
Marriott International ( MAR ): $0.47
Georgia Gulf ( GGC ): $0.12
Hanesbrands ( HBI ): $0.51
Energy Transfer Partners ( ETP ): $0.70
MEMC Electronic Materials ( WFR ): -$0.08
Tesla Motors ( TSLA ): -$0.63
Stifel Financial ( SF ): $0.43
C&J Energy Services ( CJES ): $0.91
Avis Budget Group ( CAR ): $0.06
CenturyLink ( CTL ): $0.61
NetApp ( NTAP ): $0.58
Terex ( TEX ): $0.25
Cliffs Natural Resources ( CLF ): $1.46
Vulcan Materials ( VMC ): -$0.37
CF Industries Holdings ( CF ): $6.84
Six Flags Entertainment ( SIX ): -$0.86
Equinix ( EQIX ): $0.45
CBS ( CBS ): $0.53
Consensus estimates provided by Bloomberg.
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