European markets closed on a strong note on Thursday, rebounding well after a sell-off in the previous session, as some upbeat earnings and optimism about global economic recovery helped offset inflation worries and fears about monetary easing.
Upbeat data from the U.S. that showed jobless claims dropped last week, falling to the lowest level since mid-March 2020, aided sentiment. Cryptocurrencies, including Bitcoin, bounced back from previous session's losses.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.