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Major European Markets Close Weak After Cautious Session

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Despite seeing a positive spell after a somewhat sluggish start, the major European markets ended on a weak note on Monday as investors largely stayed cautious, assessing the prospects of fresh talks between the U.S. and Iran, and looking ahead to monetary policy announcements from several top central banks.

Reports saying Iran has sent a peace proposal to the US aimed at easing the ongoing Middle East conflict aided sentiment to some extent.

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Global Economics Weekly Update: April 20 – April 24, 2026

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.