European stocks are expected to open strong on Wednesday amidst an anxious wait for policy hints from the U. S. Fed and slightly easing negative sentiment surrounding the Chinese property giant China Evergrande. Markets also seem to be expecting that the Fed would try to calm the markets before actually embarking on a tapering exercise.
Overnight the American stock indices had showed lackluster performance as Nasdaq-100 edged up 0.10 percentage to close at 15,027.77, whereas Dow Jones Industrial Average declined further by 0.15 percent to end at 33,919.84. "Evergrande" continued to haunt investors ahead of Thursday's scheduled coupon payments on the embattled company's bonds.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.