European shares are likely to open higher on Wednesday as soft U.S. data released overnight spurred hopes that the Federal Reserve is done with its monetary tightening.
The day's economic calendar remains heavy, with German and Spanish inflation data for August, euro zone August consumer confidence survey results and the release of U.S. ADP private payrolls report likely to influence trading sentiment later in the day.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.