Inflation and public sector finance figures from the U.K. are the major statistical reports due on Tuesday, headlining a busy day for the European economic news.
Statistics Finland is slated to release unemployment data at 2.00 am ET. The jobless rate is expected to fall marginally to 8.4 percent in April from 8.5 percent in March.
Dutch consumer confidence for May is due at 3.30 am ET. The headline index improved to -32 in April from -39 in March.
At 4.00 am ET, Statistics Norway is set to publish quarterly national accounts for the first quarter. The economy is forecast to grow 0.9 percent sequentially in the first quarter after expanding 0.5 percent in the previous quarter.
The Office for National Statistics is scheduled to release U.K. consumer prices and public sector finance data at 4.30 am ET. Annual inflation is expected to ease to 3.1 percent in April from 3.5 percent in March. Retail price inflation is seen at 3.4 percent, down from 3.6 percent in the prior month.
Public sector net borrowing is seen at -GBP 22.8 billion in April compared to GBP 15.9 billion in March.
Spain's T-bill auction results are also due at 4.30 am ET. Spain will conduct 3 and 6 months Treasury bill auction to raise between EUR 1.5 billion and EUR 2.5 billion.
The Organization for Economic Co-operation and Development is set to publish Economic Outlook at 5.00 am ET.
At 8.00 am ET, Poland's net consumer price data is due. Net consumer price inflation is expected to rise to 2.6 percent in April from 2.4 percent in March.
by RTT Staff Writer
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