Asian stocks ended mixed on Thursday as solid private payrolls and services sector data from the United States dampened hopes for a policy pivot from the U.S. Federal Reserve.
U.S. Treasury yields rebounded while the dollar wobbled in choppy trading as investors looked ahead to the release of U.S. labor and inflation data for additional clues on how much room the Fed has to tighten its policy without materially damaging the U.S. business cycle.
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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.