European markets closed modestly higher on Tuesday as investors looked ahead to some crucial economic data, including U.S. non-farm payrolls jobs data, and reacted positively to data showing a jump in eurozone economic sentiment in the month of June.
Worries about a surge in the delta variant of Covid-19 and fresh curbs on travel in several countries, including Spain, Portugal and Germany, raised concerns about the pace of economic recovery and limited markets' upside.
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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.