European stocks look set to extend losses on Wednesday amid concerns that higher interest rates will result in a slower economic recovery.
The U.S. dollar held steady and U.S. Treasury yields hit fresh two-year highs as investors awaited the Federal Reserve's Jan. 25-26 meeting for more signals on the rate hike timeline.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.