European stocks rose sharply on Tuesday to extend gains from the previous session, as investors awaited German consumer price data expected to confirm the gradual easing that started last month.
Official data released earlier today showed Germany's unemployment rate held steady at seasonally adjusted 3.0 percent in November. The number of people out of work decreased 6,500 from October to 1.32 million.
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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.