European stocks were moving lower on Tuesday, as investors kept an eye on bond yields and awaited testimony from Federal Reserve Chair Jerome Powell later in the day where most analysts expect Powell to reiterate the Fed's commitment to maintain a dovish policy.
In economic releases, the U.K.'s unemployment rose to 5.1 percent in the three months to December, a five-year high, official figures showed earlier today.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.