Ahead of Wednesday's unplanned day off due to Typhoon Gaemi, the Taiwan stock market had ended the four-day losing streak in which it had plummeted more than 1,700 points or 7.6 percent. The Taiwan Stock Exchange now sits just above the 22,870-point plateau although it's likely to turn lower again on Thursday.
The global forecast for the Asian markets is broadly negative on disappointing earnings news and soft data. The European and U.S. markets finished sharply lower and the Asian bourses figure to follow suit.
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Market Analysis
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.