Asian stock markets are trading mixed on Monday, following the broadly negative cues from global markets on Friday, as traders remain cautious and concerns about the outlook for interest rates and the global economy after aggressive monetary tightening by major central banks last week. Asian markets closed mostly lower on Friday.
The Australian stock market is modestly lower on Monday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 staying below the 7,100 level, following the broadly negative cues from global markets on Friday, as aggressive monetary tightening by major central banks continued to weigh on markets. The benchmark S&P/ASX 200 Index is losing 33.60 points or 0.47 percent to 7,065.60, after hitting a low of 7,060.60 earlier. The broader All Ordinaries Index is down 34.40 points or 0.47 percent to 7,251.20. Australian stocks closed sharply lower on Friday.
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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.