European stocks edged higher on Tuesday as disappointing data from the United States led to speculation of the Federal Reserve slowing down on rate hikes.
New York state manufacturing activity plummeted in August and a gauge of homebuilder sentiment declined for an eighth-straight month, helping ease worries about aggressive policy tightening by the Fed.
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.