The prominent economic updates on Tuesday include UK unemployment figures and Germany's business confidence survey results.
At 2:00 am ET, the UK's Office for National Statistics will publish unemployment data for October. The unemployment rate is expected to remain steady at 4.3% over the three months leading up to October.
Subsequently, at 3:00 am ET, the State Secretariat for Economic Affairs will present its Swiss Winter economic forecast.
By 4:00 am ET, the ifo Institute will reveal the results of Germany's business confidence survey. The business climate index is anticipated to decrease slightly to 85.5 in December, down from 85.7 the previous month.
Meanwhile, Italy's ISTAT is scheduled to release October's foreign trade statistics. The trade surplus is projected to grow to EUR 3.22 billion from the previous month's EUR 2.58 billion.
At 5:00 am ET, Eurostat will disclose the euro area's foreign trade data for October. The trade surplus is forecasted to be EUR 11.9 billion, a slight decline from the EUR 12.5 billion surplus recorded in September.
Finally, at 8:00 am ET, Hungary's central bank will announce its interest rate decision. It is expected that the bank will maintain its key rate at 6.50%.
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