There were no major data releases from Eurozone yesterday. European Central Bank policymaker Jens Weidmann has said state involvement in the rescue of Italian banks can't be ruled out, piling further pressure on the Rome government to bail out Monte dei Paschi di Siena . "The participation of the state alongside investors in a crisis solution can never be excluded," Weidmann told the Frankfurter Allgemeine Zeitung's Sunday edition.
From Eurozone, tomorrow, Economic Sentiment figures for Germany and Eurozone are scheduled for a release. Analysts expect slight increase to 14.2 in German and 16.5 in Eurozone Economic Sentiment. There will be no major data releases in the US part of the session.
Figures to watch:
German ZEW Economic Sentiment/ZEW Economic Sentiment (Tuesday 11:00)
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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