European bourses are expected to trade slightly weak on Tuesday, despite the strong positive sentiment on Monday as warnings by Moderna CEO on the efficacy of vaccines against the new variant led to the Asian market giving up much of the earlier gains. The uncertainty regarding the vaccines could lead to markets pricing in some of the risks, especially given the alarming coronavirus situation in many parts of Europe.
The CAC Futures (December) is trading 1.33 percent lower. The DAX Futures for December is trading 1.53 percent lower. The FTSE 100 futures for December are trading 1.03 percent lower.
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Business News
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.