The key releases for Wednesday include industrial production for the European Union, the quarterly inflation report from the Bank of England and retail sales for the US. EU Industrial Production (10:00 GMT) Today’s update will likely show that Europe’s recession is easing. Perhaps the slump has, in fact, ended, but it’s too soon to say. A somewhat more confident view is that the rate of contraction is slowing. New evidence for thinking positively is expected to show up in December's report for industrial production. The consensus forecast calls for a 0.2 percent increase in 2012’s final month against November, which ... (full story)