Ahead of Monday's holiday for the Dragon Boat Festival, the Taiwan stock market had snapped the two-day winning streak in which it had rallied almost 550 points or 2.7 percent. The Taiwan Stock Exchange now sits just above the 21,850-point plateau although it may tick higher again on Tuesday.
The global forecast for the Asian markets is fairly flat with a touch of upside ahead of the FOMC statement on Wednesday. The European markets were down and the U.S. bourses were up and the Asian markets figure to inch higher.
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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.