European markets are seen opening lower on Thursday after stocks on Wall Street reversed an early rally to end deep in the red overnight.
Asian stocks traded mixed as the Organization for Economic Cooperation and Development (OECD) downgraded its forecast of global economic growth for 2021 and warned that inflation could be higher and last longer than originally anticipated amid the disruption of global supply chains.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.