Tuesday, French consumer confidence is the only major report expected from Europe.

At 2.00am ET, the Finnish labor force survey is due. The jobless rate is forecast to rise to 7.8% in March from 7.6% in February.

At 2.45am ET, French consumer confidence is expected from the statistical office INSEE. Consumer confidence in April is forecast to remain at minus 43. At the same time, housing starts is also due. During three months to February, housing starts had fallen 22.1% from the previous year.

Thereafter, the Italian research institute ISAE is set to release the results of business confidence survey at 3.30am ET. Business sentiment is seen at 61.2 in April, up from 59.8 last month.

In the meantime, PPI and retail sales are due from the Statistics Sweden. Producer price annual inflation is predicted to rise to 4% in March from 3.4% in February. After falling 0.6% in February, retail sales are forecast to drop 0.2% month-on-month in March.

At 4.00am ET, Italian retail sales as well as results of non-EU trade are due from the statistical office ISTAT. Retail sales on a yearly basis are forecast to fall 1.3% in February.

The Confederation of British Industry is scheduled to issue monthly Distributive Trade Survey at 6.00am ET.

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