The economic forecast from Switzerland is due on Tuesday, headlining a light day for the European economic news.

At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss quarterly economic forecasts. According to Summer forecast, the economy will grow 1.4 percent this year and 1.8 percent in 2017.

At 2.00 am ET, Swiss foreign trade data for August is due. The trade surplus totaled CHF 2.93 billion in July.

In the meantime, Destatis is set to publish Germany's producer prices for August. Producer prices had declined 2 percent in July.

At 2.00, Statistics Finland publishes unemployment data for August. The jobless rate was 7.8 percent in July.

At 8.00 am ET, Hungary's central bank announces its interest rate decision. The bank is forecast to keep its benchmark rate at 0.9 percent.

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