European markets are heading for a muted open on Tuesday as global investors await inflation data from the U.S.
Back in Europe, European Central Bank policymaker Isabel Schnabel said on Monday that the ECB is ready to act if inflation does not ease as soon as next year, as currently expected.
The fallout from Brexit continues to rumble on, with Britain once again on Monday threatening to unilaterally suspend the Northern Ireland protocol, a key tenet of the withdrawal agreement, if the European Union does not budge on renegotiations to iron out implementation problems. Spanish August inflation data is also due Tuesday morning, along with U.K. employment and earnings figures. British retailer
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