European stocks are seen opening higher on Tuesday, though the upside may remain capped somewhat after reports suggested that U.S. President Donald Trump and his national security team are skeptical of Iran's offer of a deal to reopen the Strait of Hormuz and end the two-month war, while setting aside nuclear negotiations for later.
Citing anonymous U.S. officials, ABC News reported that the deal fell short of Washington's red lines - dampening hopes for a resolution to the conflict that disrupted energy markets and tightened global financial conditions.
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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.