European stocks may drift lower on Monday as weak Chinese data revived worries about slowing growth in the world's second-largest economy.
Business activity in the country deteriorated further in July, with manufacturing activity contracting for a fourth straight month and services sector showing weakness.
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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.