European stocks are seen opening largely unchanged on Monday, after having suffered heavy losses in the previous session on worries over further rate rises from the Federal Reserve to combat inflation in the world's largest economy.
As rate worries mount, investors await U.S. reports on durable goods orders, consumer confidence and manufacturing and service sector activity this week for further direction.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.