RTTNews - Tuesday, the major statistical reports due for the day are British mortgage approvals and German GDP.

At 2.00am ET, Germany's Federal Statistical Office is scheduled to issue detailed report for the second quarter national accounts. According to the initial estimate, the largest Eurozone economy grew 0.3% sequentially in the second quarter, following a revised 3.5% contraction in the first quarter.

At the same time, the Swiss UBS consumption indicator for July is due. The indicator stood at 0.963 in June.

The National Institute of Statistics is set to issue Spanish PPI at 3.00am ET. Economists forecast producer prices to drop 6% year-on-year in July compared to a 5% fall in June. Meanwhile, Hungarian retail sales and Czech consumer confidence survey results are also expected.

Thereafter, the Swiss employment level data is due at 3.15am ET. The employment level is seen at 3.956 million in the second quarter.

At 4.30am ET, the British Bankers' Association is slated to issue details of loans approved for house purchases in July. The number of loans approved in July is seen at 37,800.

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