European stocks may drift lower at open on Tuesday as the dollar strengthened along with Treasury yields ahead of testimony by top U.S. policymakers later in the day.
Asian markets remain broadly lower, with Chinese and Hong Kong markets pacing the declines, on persistent worries of policy tightening and escalating tensions between the world's two largest economies over tech and trade.
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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.