The China stock market has moved lower in two straight sessions, declining almost 40 points or 1.3 percent along the way. The Shanghai Composite Index now sits just above the 3,200-point plateau and it's likely to open under pressure again on Friday.
The global forecast for the Asian markets is broadly negative on growing concerns about the outlook for interest rates. The European and U.S. markets were down and the Asian markets figure to open in similar fashion.
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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.