1. Euro jumps to 6-week high

The euro jumped to six-week highs against the dollar on Tuesday, after opinion polls showed that Emmanuel Macron consolidated his status as frontrunner in France's presidential election in a televised debate against his main rival, far-right anti-EU leader Marine Le Pen which pledged to take France out of the EU if she wins.

Macron was seen as the most convincing of the top five election contenders in the debate, according to a pair of opinion polls released shortly after the debate ended.

The first round of the French Presidential election is scheduled on April 23, with the run-off between the top two contenders on May 7.

2. Dollar extended losses

The dollar extended losses to a 5th session on Tuesday, on track for its longest losing streak since early November as traders continued to pare back bullish bets following the Federal Reserve's dovish guidance on the future pace of rate hikes.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down around 0.4% at 99.76 by 09:55 GMT, the weakest level since February 6.

The greenback has been on the retreat since the Fed raised interest rates on Wednesday last week, but stuck to its outlook for two more hikes this year, instead of three expected by the market.

Market players awaited comments from several Federal Reserve policymakers for more clues on the timing of the next U.S. rate hike.

3. Oil prices recovery

Oil prices pushed higher on Tuesday, bouncing back from the prior session's losses amid speculation that OPEC could extend its production-cut deal beyond June if global crude inventories failed to drop to a targeted level.

U.S. crude was up 40 cents, or about 0.8%, to $49.31 a barrel, while Brent rose 41 cents to $52.03.

OPEC members increasingly favor extending the output curb beyond June to balance the market, sources within the group said, although they added that this would require non-OPEC members such as Russia to also step up their efforts.

OPEC and non-OPEC producers agreed in November last year to reduce output by almost 1.8 million barrels per day to 32.5 million for the first six months of 2017, but so far the move has had little impact on inventory levels.

4. Global stocks review, Britain’s data

U.S. stock market futures pointed to a higher open on Tuesday morning, tracking gains in oil prices as traders await further details on President Donald Trump's promises of tax reform and infrastructure spending.

In Europe, stocks were mixed in subdued mid-morning trade, with Germany's DAX up 0.1%, while London's FTSE100 dipped 0.2%.

Earlier, in Asia, markets ended mixed, with the Shanghai Composite in China closing up around 0.4%, while Japan's Nikkei declined about 0.4%.

British consumer prices rose more than expected last month, hitting its highest level since September 2013 and breaking through the Bank of England’s target for the first time in more than three years.

Consumer prices rose 2.3% compared with a year earlier, the Office for National Statistics said Tuesday, above expectations for a 2.1% annual rise and compared to the 1.8% increase seen in January.

The GBP jumped to 1.2462 against the dollar following the data, a level not seen since February 28. It was last at 1.2455, up around 0.8%.

The BOE has said it will tolerate inflation overshooting its 2% goal as it provides support to the economy, though that stance could be tested if it starts to push up domestic price pressures.