Monetary policy announcements from the European Central Bank and the Bank of England are the major events due on Thursday, headlining a busy day for the European economic news.
Both the euro area and UK central banks are set to hike the benchmark rates by 50 basis points, bigger than the US Federal Reserve's quarter point hike on Wednesday.
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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.