European stocks are set to open a tad lower on Tuesday as investors watch the latest developments on Russia-Ukraine war and react to Chinese economic data. Russian President Vladimir Putin announced countersanctions and the country's central bank introduced some capital controls to try and stem a ruble plunge, as the Kremlin raised the specter of nuclear war for the second day in a row.Moscow is f...
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Business News
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.