There were few data releases on Tuesday, but some of the events are worth your attention:

Asia and Pacific

The commercial conflict between US and Japan is live again. US vice president has declared that US goods and services have some obstacles when coming into Japanese market. He underlined that the solution of this conflict lies in bilateral agreement.

Europe

Germany has issued CPI data on Tuesday. This index has shown growth for 2,5% in October (yearly basis) indicating on inflation growth.

French payrolls have shown growth for 0,2%, which is +30 200 meaning the number of new jobs has increased.

UK unemployment rate has shown a small growth as it increased up to 4,1%. This indicator stood on 4% level for several months in a row.

German ZEW economic sentiment has increased and reached -24,1 from -24,7. ECB representative has commented the number of banks in Germany. According to Central bank, the situation shows the possibility of consolidation of some banks in the nearest future.

Italian fiscal stimulus plans may make Italy more vulnerable to higher rates. This may lead to recession in future. IMF recommends Italy slower consolidation aiming at lowering budget deficit.

British RBS chairman has commented on Tuesday that he was expecting British economy to grow slower in case of Brexit agreement failure. He underlined that uncertainty in this question may negatively influence UK economic growth.