Inflation figures from the U.K and German economic sentiment survey results from the Center for European Economic Research (ZEW) are the major European news due on Tuesday. Also in focus is Spain's 12 and 18-month Treasury Bill auction.
At 2 am ET, the European Automobile Manufacturers' Association (ACEA) is expected to release the June new car registrations data for 25 European Union countries.
At 4.30 am ET, the Office for National Statistics (ONS) is expected to release the U.K.'s consumer price figures for the month of June. Inflation is expected to remain stable at 2.8 percent. ONS house price index for May is also slated for release at the same time.
Span is set to auction EUR 2.5 billion-EUR 3.5 billion of 12 and 18 month Treasury bills at around 4.30 am ET.
Results of German ZEW survey of economic sentiment is due at 5 am ET. The headline index is forecast to fall to -20 in July from -16.9 in the previous month.
by RTT Staff Writer
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