European stocks may tumble at open on Monday as investors keep a wary eye on the U.S.-Iran war and await quarterly results from Nvidia and major U.S. retailers for direction. Nvidia and Target are scheduled to report their earnings on Wednesday, while Walmart will publish its results on Thursday. U.S. equity futures were deep in the red after several Gulf countries reported drone attacks, sending ...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.