Asian stocks fell on Tuesday as investors assessed the impacts of the latest Covid-19 resurgence in China as well as a looming conflict between Beijing and Washington over the former's support for Russia's invasion of Ukraine.Anxiety over the war in Ukraine and the outlook for higher interest rates also kept investors on edge ahead of this week's Federal Reserve meeting.China's Shanghai Composite ...
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Market Analysis
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.