European stocks are seen opening lower on Thursday, as investors fret about the impact of China's zero-COVID strategy and stalling U.S. consumer spending, heading into the holiday season.
Asian markets traded broadly lower, with Chinese and Hong Kong stocks leading regional losses, as a flare up in domestic COVID-19 cases spurred concerns over more broader lockdowns.
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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.