LONDON — European stocks are set to open higher on Tuesday, regaining some positive momentum after last week’s volatility.

The United Kingdom FTSE The index is expected to open 26 points higher at 8,233, Germany’s DAX France’s CAC40 rose by 14 points to 7,259, Italy’s FTSE MIB 62 points higher to 32,084, according to data from IG.

European stocks closed mixed on Monday as upcoming inflation data from the US and UK attracted investors’ attention.

UK inflation data, due to be released on Wednesday, is the first since the Bank of England cut interest rates by 25 basis points. After two months at 2%, economists polled by Reuters expect the base rate to rise slightly to 2.3%.

Investors around the world will also be analyzing the latest US inflation data this week to get a better picture of the health of the world’s largest economy.

The U.S. producer price index, a measure of wholesale prices, will be released on Tuesday and the consumer price index for July will be released on Wednesday, as investors assess whether the data could prompt the Federal Reserve to begin cutting interest rates in September.

Markets in Asia-Pacific were mixed overnight following a choppy session in the US on Monday. US stock futures were little changed on Monday evening as investors await this week’s key inflation data.

In Europe, earnings figures from Bilfinger, Henkel and Pandora are due on Tuesday. The data released include the British unemployment rate and the EU economic index.