European stocks are seen opening on a mixed note Wednesday as investors await big tech earnings and Fed Chair Jerome Powell's comments for insights into the economic impact of the Middle East conflict.
The U.S.-Iran conflict showed little sign of resolution, with negotiations making limited progress and the crucial Strait of Hormuz remaining effectively closed, leaving investors wary of fresh supply shocks.
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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.