European shares were a tad lower on Thursday and Euro zone government bond yields hit fresh multi-year highs, as investors awaited key Eurozone inflation and unemployment data due later in the day for directional cues.
ECB's Joachim Nagel said Wednesday that the central bank might need large interest-rate increases beyond March to combat high inflation.
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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.