Economic confidence from Germany and consumer prices from the U.K. are due on Tuesday, headlining a busy day for the European economic news.
At 2.00 am ET, Destatis is slated to release Germany's consumer price data for December. Consumer price inflation is expected to match the flash estimate of 0.3 percent.
At 3.00 am ET, Turkey's consumer confidence survey results for January are due. The consumer sentiment index fell to 73.6 in December from 77.1 in November.
At 3.15 am ET, the Federal Statistical Office releases Swiss producer and import prices. Prices are forecast to drop 5.4 percent year-over-year in December following a 5.5 percent fall in November.
At 4.00 am ET, the European Central Bank is set to issue current account figures for November. The euro area current account surplus totaled EUR 20.4 billion in October.
Half an hour later, the Office for National Statistics releases U.K. consumer and producer prices for December. Inflation is seen rising to 0.2 percent in December from 0.1 percent in November.
Output prices are forecast to fall 1.2 percent annually and input prices to decline 11.7 percent in December.
At 5.00 am ET, Germany's ZEW economic confidence survey data is due. Economists forecast the economic sentiment index to decline to 8 points in January from 16.1 in December.
Also, Eurostat releases final inflation figures for December. Eurozone inflation is expected to match the flash estimate of 0.2 percent.
At 7.00 am ET, Bank of England's Governor Mark Carney is set to speak at 50th Anniversary Peston Lecture at Queen Mary University in London.
In the meantime, Turkey's central bank is slated to announce its interest rate decision. The bank is widely expected to keep its 1 week repo rate unchanged at 7.5 percent.
At 8.00 am ET, Poland's average gross wages are due for December. Economists forecast gross wages to rise 3.6 percent annually following November's 4 percent rise.
The International Monetary Fund publishes its World Economic Outlook Update today.
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