European stocks look set to open a tad higher on Monday after China Evergrande said it had resumed work on more than 10 real estate projects in six cities including Shenzhen and added it plans to prioritize growth of its nascent electric vehicles business over its troubled core real estate operations.
Asian markets were little changed as a fresh COVID-19 outbreak in China along with the government's program to expand property-tax trials dented sentiment.
For comments and feedback contact: editorial@rttnews.com
Business News
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.