European stocks rose on Friday to snap two days of declines, as investors took in stride a new round of sanctions against Russia, the prospect of tighter monetary policy and China's worsening Covid-19 outbreak.The pan European Stoxx 600 rose a little over 1 percent to 459.68 after closing 0.2 percent lower on Thursday. The German DAX surged 1.2 percent, France's CAC 40 index climbed 1.3 percent an...
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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.