FX.co ★ European Economic News Preview: Germany Factory Orders, Foreign Trade Due

On Tuesday, noteworthy economic news will be headlined by German factory orders and foreign trade figures, as well as UK housing prices.

Destatis is set to release Germany's manufacturing orders and external trade information at 2:00 am ET. Predictions suggest that order growth is expected to continue at a rate of 0.4 percent in March, following a 0.2 percent increase in February. It is also anticipated that trade surplus will rise to 22.4 billion EUR in March, a slight jump from the 21.4 billion EUR recorded the previous month.

Simultaneously, the UK's Halifax will release data on housing prices. Economists predict a 0.2 percent month-on-month increase in April, a recovery from the 1.0 percent drop experienced in March.

At 2:45 am ET, France is due to share its figures on foreign trade and current account status.

Additionally, results from Germany's construction Purchasing Managers' survey are expected to be released at 3:30 am ET. Furthermore, at 4:30 am ET, the UK's S&P Global construction PMI survey data will be published, with a forecasted index of 50.4 in April, a minor improvement from 50.2 in March.

Lastly, at 5:00 am ET, Eurostat is scheduled to announce retail sales figures for the Eurozone in March. These sales are predicted to grow 0.6 percent month-to-month, reverting the 0.5 percent decrease registered in February.