Ukrainian foreign minister said on Tuesday that it was not clear when the second round of talks with Russia would take place, as reported by Reuters.

Meanwhile, a spokesperson for the German economy minister noted that they have prepared three more sanction packages against Russia and added that it was not out of the question that more could come. 

Market reaction

Markets stay relatively quiet following these remarks. As of writing, the Euro STOXX 600 Index was virtually unchanged on the day and the US Dollar Index was clinging to modest daily gains at 97.60.