European markets are heading for a mixed open as investors look ahead to key data releases in the region, particularly preliminary euro zone inflation data for October and gross domestic product for the third quarter.
Yesterday, German gross domestic product recorded a 0.1% quarterly fall, slightly better than the 0.3% decline forecast in a Reuters poll of economists.
Inflation in the country was at an estimated 3.8% for October, the lowest since August 2021.
Overnight in Asia-Pacific markets, Japan stocks trimmed losses after the Bank of Japan's monetary policy decision, while other regional markets fell as manufacturing activity unexpectedly contracted in China.
Meanwhile, U.S. stock futures edged lower early on Tuesday after the major averages climbed in a relief rally.
Organizations:
Bank
Locations:
EU, Asia, Pacific, Japan, China