The Hong Kong stock market has moved higher in two straight sessions, collecting more than 260 points or 1.5 percent along the way. The Hang Seng Index now sits just shy of the 17,370-point plateau and it's called higher again on Monday.
The global forecast for the Asian markets is upbeat on optimism over the prospects for an interest rate cut this week. The European and U.S. markets were up and the Asian bourses are expected to open in similar fashion.
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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.