Markit Economics is due to release its manufacturing PMI figures for Italy and France at 3:45 am ET and 3:50 am ET, respectively on Tuesday. At 3:55 am ET, German PMI data and unemployment report are due. The manufacturing PMI for the Eurozone is due 4:00 am ET.

Ahead of the reports, the euro rose against the other major currencies.

As of 3:40 am ET, the euro was trading at 0.7349 against the Pound, 1.0846 against the Swiss franc, 1.1311 against the U.S. dollar and 136.09 against the Yen.

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