Producer prices from Germany and distributive trades survey from the U.K. are due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's producer price figures for November. Producer prices are expected to fall 0.2 percent annually, following a 0.4 percent drop in October.
In the meantime, Switzerland's foreign trade data is due. The trade surplus is forecast to rise to CHF 3.56 billion in November from CHF 2.68 billion in October.
Also, Finland's unemployment data is due for November. The jobless rate stood at 8.1 percent in October.
At 3.00 am ET, the National Institute of Economic Research is scheduled to release Sweden's economic tendency survey results for December. The economic tendency survey index is forecast to fall to 107.2 in December from 107.9 in November.
At 4.00 am ET, the European Central Bank publishes euro area current account data for October. The current account surplus totaled EUR 25.3 billion in September.
At 6.00 am ET, the Confederation of British Industry publishes Distributive Trades survey results. The retail sales balance was +34 percent in November.
Also, Turkey's central bank announces its interest rate decision. The bank is widely expected to keep its 1-week repo rate unchanged at 8.00 percent.
At 8.00 am ET, Hungary's central bank unveils the outcome of is monetary council meeting. Economists expect the bank to hold the rate at 0.9 percent.
by RTT Staff Writer
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