(RTTNews) - Tuesday, major reports due for the day are German foreign trade prices and British quarterly national accounts.

At 2.00am ET, the Federal Statistical Office is set to issue German foreign trade prices. Import prices are forecast to decline 11.4% annually in August, following a 12.6% decrease in July.

In the meantime, the Switzerland’s UBS consumption indicator for August is due. The reading was 0.766 in July.

At 3.30am ET, the Italian research institute ISAE is scheduled to issue business confidence for September. Economists forecast Italian business confidence to rise to 76 in September from 74.8 in August.

Half an hour later, the Italian hourly wages data is expected from the statistical office ISTAT.

At 4.30am ET, the Office for National Statistics is slated to issue a final report for British second quarter GDP. The economy is expected to shrink 0.6% sequentially and to fall 5.4% on an annual basis in the second quarter. At the same time, current account data is also due.

At 5.00am ET, Eurozone economic sentiment survey results are due. Economic sentiment for September is seen at 82.5, up from 80.6 last month.

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