The primary economic announcements scheduled for Tuesday include consumer sentiment data from France and unemployment figures from Spain.
At 2:45 AM ET, France's national statistics institute, INSEE, will release its consumer sentiment survey. Analysts predict the index will improve to 90 for January, up from 89 recorded in December.
Following that, at 3:00 AM ET, Spain’s National Statistics Institute (INE) will report on unemployment figures for the fourth quarter. Expectations are set for a slight decrease in the unemployment rate, moving from 11.2 percent in the previous quarter to 11.1 percent.
At 4:00 AM ET, the European Central Bank will publish its findings from the bank lending survey.
By 6:00 AM ET, data on GDP and retail sales from Ireland and retail sales figures from Portugal are anticipated.
Finally, at 8:00 AM ET, Hungary's central bank will reveal its decision on interest rates, with projections suggesting that the bank will maintain its key rate at 6.5 percent.