European markets closed mixed on Tuesday with investors closely following the developments on the geopolitical front and looking ahead to the monetary policy meetings of several top central banks.
The Federal Reserve, European Central Bank, Bank of England, Bank of Japan and the Bank of Canada are all set to make their monetary policy announcements this week.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.