European stocks may open on a firm note Tuesday, though overall gains are likely to remain capped ahead of the release of U.S. consumer price inflation report later in the day and Wednesday's Fed policy decision.
Trading later in the day will be driven by reaction to a report on U.S. CPI data for November that may show inflation still cooling but staying well above the Fed's 2 percent annual target.
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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.