India, Aug. 26 -- European stocks may drift lower on Tuesday as investors fret about Fed independence and await Nvidia earnings due Wednesday for guidance and signs the AI market remains robust.
Asian markets fell after U.S. President Donald Trump said on social media he was removing Lisa Cook from her position on the Fed's board of directors, the latest in a series of attacks on the central bank's independence.
Trump said there was enough evidence that Cook had made false statements on mortgage applications.
The dollar and U.S. Treasuries slid ahead of key U.S. economic data due later in the day, including reports on durable goods orders and consumer confidence.
The Case-Shiller Home Price Index and the Richmond Fed Manufacturing Index...