Global markets seek direction amid uncertainties

By Tuba Sahin

ANKARA (AA) - The Producer Price Index (PPI) in the US as well as statements by top officials of the US Federal Reserve (Fed), European Central Bank (ECB) and Bank of England (BoE) will be in the spotlight on Tuesday, after global markets followed a mixed course the day before.

Analysts said that all data and remarks that can give clues about the path to be followed in interest rate hikes will be decisive on the direction of the markets.

The German Zentrum fur Europaische Wirtschaftsforschung (ZEW) Economic Sentiment Index and foreign trade figures in Germany will also be monitored.