Producer prices in the U.S. increased by more than expected in the month of April, according to a report released by the Labor Department on Tuesday. The Labor Department said its producer price index for final demand climbed by 0.5 percent in April after a revised 0.1 percent dip in March. Economists had expected producer prices to rise by 0.3 percent.

IHS Holding Ltd. (IHS) reported Tuesday a net loss attributable to the company for the first quarter of $1.56 billion or $4.67 per share, compared to net income of $7.78 million or $0.03 per share in the prior-year quarter.

Producer prices in the U.S. increased by more than expected in the month of April, according to a report released by the Labor Department on Tuesday.

Canadian shares are likely to open on a subdued note Tuesday morning with investors looking for directional clues. Data on U.S. producer price inflation may provide some clues about the outlook for interest rates. The focus will also be on U.S. consumer price inflation data and Fed Chair Jerome Powell's speech due later in the week.

Investor sentiment in Germany grew for a tenth month and at a faster than expected pace in May to its highest level in over two years, on hopes of an interest rate cut by the European Central Bank in June and an increase in export demand from China, results of a survey revealed Tuesday. The ZEW Indicator of Economic Sentiment for Germany climbed to 47.1 from 42.9 in April.

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Oil is retreating but unlikely to repeat the collapses of 2020, 2014 or 2008

The Japanese yen is experiencing a significant decline against the US dollar, marking the seventh consecutive session of this trend.

Dollar recovers somewhat while US stocks’ rally stalls; PPI and Fed Chairman Powell could wake up the market later today; Mixed UK labour data complicate the BoE’s outlook

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Ethereum knocking at support’s door

Today marks a significant day for both Germany and the USA, as they are set to unveil crucial economic data. Germany will release the Consumer Price Index (CPI), while the USA will disclose the Producer Price Index (PPI). These releases are vital indicators of each country's inflationary trends.