European stocks are likely to open higher on Monday after U.S. lawmakers reached a deal to raise the nation's debt limit and avert a potential default, following weeks of intense talks.
The bipartisan deal, a compromise between the Democratic and Republican leaders, now heads to Congress, which will need to pass the agreement before the government starts running out of money.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.