An escalation in tensions between Ukraine and Russia dampened sentiment in European markets causing the DAX to slip close to a percent. Markets also worried about the composition and approach of the new Trump administration, the health of the corporate sector as well as the slower-than-expected rate cuts by the Federal Reserve.
Data released earlier in the day confirmed the annual inflation in the Euro Area at 2 percent in October, versus 1.7 percent in September and in line with the preliminary estimates.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.