European stocks may open on a subdued note Friday as investors reassess bets on how high the Federal Reserve will raise rates to bring inflation down to target over time. An overnight spike in U.S. Treasury yields also raised fears of a looming recession.
Asian stocks traded broadly lower as Chinese inflation data came in lower than expected and Australian's central bank hinted at further interest rate hikes, citing high inflation.
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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.