European stocks may open higher on Tuesday as investors await testimony from Federal Reserve Chair Jerome Powell for clues as to when the central bank's easy monetary policy stance will start to change.In his testimony today and tomorrow, Powell will probably play down the risk of a runaway inflation despite the size of President Joe Biden's $1.9 trillion coronavirus relief proposal.The stimulus p...
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.