Economic confidence survey from Germany is due on Tuesday, headlining a light day for the European economic news.
At 3.00 am ET, the Hungarian Central Statistical Office is set to release average gross wages for February. Gross wages advanced 4.1 percent in January.
At 3.30 am ET, Sweden’s jobless data is due. Economists forecast the unemployment rate to fall marginally to 8.3 percent in March from 8.4 percent in February.
At 5.00 am ET, Germany’s ZEW economic confidence survey data is due. The economic sentiment index is forecast to rise to 55.3 in April from 54.8 in March. The current conditions indicator is seen at 56.5 in April versus 55.1 in the prior month.
At 8.00 am ET, Hungary’s central bank is scheduled to announce its interest rate decision. Economists expect the bank to cut its base rate to 1.8 percent from 1.95 percent.
At 12.30 pm ET, European Central Bank board member Dani?le Nouy is set to speak at International Center for Monetary and Banking Studies in Geneva, Switzerland.
The material has been provided by InstaForex Company – www.instaforex.com