Consumer confidence from Germany and public finances from the U.K. are the major reports are due on Tuesday.
At 2.00 am ET, Germany’s GfK consumer confidence survey results are due. The forward-looking indicator is forecast to remain unchanged at 9.3 points in January.
In the meantime, Destatis is scheduled to issue Germany’s import prices for November. Import prices are forecast to drop 3.7 percent year-on-year after decreasing 4.1 percent in October.
Swiss Federal Customs Administration publishes foreign trade data for November at 2.00. The surplus totaled CHF 4.16 billion in October.
Also, Finland’s labor force survey results are due. The unemployment rate is expected to rise to 8.9 percent in November from 8.7 percent in October.
At 3.30 am ET, producer prices and retail sales are due from Statistics Sweden. Economists forecast sales to grow 0.3 percent on a monthly basis in November.
At 4.30 am ET, the Office for National Statistics is set to release U.K. public sector finance data. The budget deficit is forecast to widen to GBP 11.8 billion in November from GBP 8.2 billion in October.
At 7.00 am ET, Turkey’s central bank is scheduled to announce its interest rate decision. The bank is likely to keep its key 1-week repo rate at 8 percent.
The material has been provided by InstaForex Company – www.instaforex.com