| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 06:00 | United Kingdom | Average earnings ex bonuses, 3 m/y | March | 6.6% | 6.8% | 6.7% |
| 06:00 | United Kingdom | Average Earnings, 3m/y | March | 5.8% | 5.8% | 5.8% |
| 06:00 | United Kingdom | ILO Unemployment Rate | March | 3.8% | 3.8% | 3.9% |
| 06:00 | United Kingdom | Claimant count | April | 26.5 | | 46.7 |
| 08:00 | France | IEA Oil Market Report | | | | |
| 09:00 | Eurozone | Employment Change | Quarter I | 0.3% | 0.3% | 0.6% |
| 09:00 | Eurozone | ZEW Economic Sentiment | May | 6.4 | | -9.4 |
| 09:00 | Eurozone | Trade balance unadjusted | March | 4.6 | | 25.6 |
| 09:00 | Germany | ZEW Survey - Economic Sentiment | May | 4.1 | -5.3 | -10.7 |
| 09:00 | Eurozone | GDP (YoY) | Quarter I | 1.8% | 1.3% | 1.3% |
| 09:00 | Eurozone | GDP (QoQ) | Quarter I | 0% | 0.1% | 0.1% |
USD slipped against most major counterparts in the European session on Tuesday as investors waited for another round of debt-ceiling talks in Washington later in the day.
The U.S. Dollar Index (DXY), measuring the U.S. currency's value relative to a basket of foreign currencies, decreased 0.14% to 102.29.
U.S. President Joe Biden will meet with House Speaker Kevin McCarthy and other congressional leaders to discuss further the rise of the government's borrowing limit to avoid forcing the U.S. to default on its debts.
Commenting on the progress of the negotiations, Biden stated on Sunday that he thought that the White House and the congressional leaders would be able to reach an agreement. However, McCarthy said yesterday that the Biden administration was not talking anything serious, and the sides remained far apart.
Investors see today's debt-ceiling meeting as a last chance to break a stalemate in talks, opening the way to a deal that would increase the debt ceiling before June 1 - the earliest date the Treasury Secretary Janet Yellen said the U.S. could default on its debt obligations.