European stocks closed higher on Monday as continued optimism about global economic recovery and the momentum in vaccination drive outweighing concerns over inflation and fears about any monetary tightening by central banks.
Worries about coronavirus cases in Europe are subsiding with several countries in the region reporting a drop new cases and set to ease all or most of the restrictions by the end of next month. France reported its lowest daily death toll in several months, and new cases were down to lowest levels in about five months.
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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.