European stocks are likely to open higher on Tuesday as U.S. stock futures climbed after Monday's rout.
Gold hovered near a four-week low, pressured by a strong dollar and elevated U.S. Treasury yields ahead of the Fed announcement on Wednesday, with Goldman Sachs altering its own expectation of a 50-basis point move to 75.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.