| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 08:00 | Switzerland | Gross Domestic Product (QoQ) | Quarter III | 0.1% | 0.3% | 0.2% |
| 08:00 | Switzerland | Gross Domestic Product (YoY) | Quarter III | 2.2% | 1% | 0.5% |
| 09:30 | United Kingdom | Mortgage Approvals | October | 65.967 | 60.2 | 58.977 |
| 09:30 | United Kingdom | Consumer credit, mln | October | 0.608 | 0.9 | 0.769 |
| 09:30 | United Kingdom | Net Lending to Individuals, bln | October | 6.5 | | 4.7 |
| 10:00 | Eurozone | Economic sentiment index | November | 92.7 | 93.5 | 93.7 |
| 10:00 | Eurozone | Industrial confidence | November | -1.2 | -0.5 | -2 |
| 10:00 | Eurozone | Consumer Confidence | November | -27.5 | -23.9 | -23.9 |
USD depreciated again most of its major rivals in the European session on Tuesday amid speculations that recent protest activity in China would force the country’s authorities to lose further their strict coronavirus restrictions.
The U.S. Dollar Index (DXY), measuring the U.S. currency's value relative to a basket of foreign currencies, fell by 0.37% to 106.29.
In addition, investors prepared for the Federal Reserve chair Jerome Powell’s speech on Wednesday, which is expected to cement the bets that the U.S. central bank will slow the pace of its interest rate hikes at its December policy meeting.
According to CME FedWatch Tool, markets are pricing in a 69.9% chance of a 50 basis point rate increase next month.