RTTNews - Tuesday, major reports due for the day are Switzerland's quarterly national accounts and Eurozone unemployment details.

At 1.45am ET, the Swiss GDP data is due. The economy is forecast to contract 1.5% sequentially in the first quarter, following a 0.3% fall in the fourth quarter of 2008.

At 2.45am ET, the French statistical office INSEE is slated to release PPI details. Producer prices are predicted to drop 0.2% month-on-month in April, after falling 0.4% in March.

Thereafter, the Swiss SVME PMI is expected at 3.30am ET. Economists expect the index to rise to 36.5 in May from 34.7 in April.

At 4.30am ET, a slew of reports are due from the Bank of England. The number of mortgage approvals in the UK for the month of April is seen at 41,000, up from 39,000 in March. Meanwhile, a final report for M4 money supply is also due.

Half an hour later, the Eurostat is scheduled to issue Eurozone jobless data for the month of April. The jobless rate is expected to rise to 9.1% in April from 8.9% in March.

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