European stocks are seen opening flat to slightly lower on Thursday as recession worries mount.
The U.S. dollar extended overnight losses, tracking falling U.S. Treasury yields on expectations that the Federal Reserve will step down the pace of its rate hikes to 50 bps next week.
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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.