Quarterly national accounts from major European economies, inflation from the U.K. and economic sentiment survey from Germany are due on Tuesday.
At 1.30 am ET, French preliminary GDP and inflation reports are due. The economy is forecast to contract 0.1 percent sequentially in the second quarter. EU harmonized inflation is seen unchanged at 2.3 percent in July.
Half an hour later, Destatis is slated to release German GDP figures. Gross domestic product is forecast to grow at a pace of 0.2 percent in the second quarter, following a 0.5 percent rise in the first quarter.
In the meantime, Finland's consumer price data for July is due. Annual inflation was 3.1 percent in June.
Preliminary GDP figures from Czech, Austria and Hungary are due at 3.00 am ET. The Czech economy is expected to contract 0.2 percent quarter-on-quarter and Hungary's GDP to shrink 1.3 percent annually. Spain's final inflation figures are also due.
At 3.15 am ET, the Federal Statistical Office is set to release Swiss producer and import prices for July. Economists forecast producer and import prices to fall 1.7 percent year-on-year in July.
Dutch GDP and Sweden's consumer prices and industrial output reports are due at 3.30 am ET. The Dutch GDP is expected to fall 0.3 percent in the second quarter, offsetting a 0.3 percent rise in the prior quarter.
At 4.30 am ET, the Office for National Statistics is scheduled to publish U.K. inflation data for July. Annual inflation is expected to slow marginally to 2.3 percent from 2.4 percent in June.
At 5.00 am ET, Eurostat is set to publish first estimate for Eurozone GDP. The economy is expected to contract 0.2 percent sequentially after staying flat in the first quarter. Industrial production data is also due.
In the meantime, Germany's ZEW economic sentiment survey results are due. The economic sentiment index is forecast to improve to -19.3 in August from -19.6. Meanwhile, the current conditions index is seen falling to 17.5 from 21.1 a month ago.
by RTT Staff Writer
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