European stocks may open flat to slightly higher on Wednesday as investors ponder over risks stemming from the Israel-Hamas conflict and react to improved China data. Ahead of U.S. President Joe Biden's Middle East trip, Hamas and Israel traded accusations regarding the deadly blast at a hospital in Gaza City that killed 500 people and invited widespread international condemnation.
On the 12th day of the war, Israeli Prime Minister appeared to be blaming the "evil axis of Hamas, Hezbollah and Iran" for the October 7 attacks on his country.
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Business News
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.