Factory orders figures from Germany are due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is set to publish Germany's factory orders for August. Orders are forecast to grow 0.5 percent month-on-month after declining 1.4 percent in July.

At 3.00 am ET, the Czech Statistical Office is slated to release foreign trade data. The trade surplus is expected to fall to CZK 2.1 billion in August from CZK 6.8 billion in July.

At 3.15 am ET, Switzerland's consumer price figures are due. Consumer prices are forecast to fall 1.5 percent year-on-year in September after easing 1.4 percent in August.

Germany's construction Purchasing Managers' Index is due at 3.30 am ET.

Poland's central bank is set to announce its interest rate decision. The bank is forecast to keep its rates unchanged at 1.5 percent.

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