India, Feb. 6 -- The monetary policy announcement from the Bank of England is the top economic event due on Thursday.

The BoE is expected to cut its benchmark rate by a quarter-point to support economic growth.

Markets widely expect the BoE to lower the bank rate to 4.50 percent from 4.75 percent. The BoE had reduced the rate by 25 basis points each in August and November last year.

Factory orders and construction Purchasing Managers' survey results from Germany are other major economic reports due on Thursday.

At 1.45 am ET, unemployment data is due from Switzerland. The jobless rate is forecast to rise to 2.7 percent in January from 2.6 percent in December.

At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders figure...