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European Shares May Tumble As Oil Spike Revives Inflation, Growth Concerns

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

European stocks may tumble at open on Thursday as investors await the European Central Bank (ECB) and the Bank of England's (BOE) policy decisions and policymakers' assessment of the ongoing Middle East conflict.

Both the ECB and BOE are expected to hold borrowing costs amid signs of mounting macro headwinds.

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Global Economics Weekly Update - April 27 – May 01, 2026

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.

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