The Malaysia stock market has moved higher in three straight sessions, gathering more than 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,660-point plateau and it's tipped to open in the green again on Wednesday.
The global forecast for the Asian markets is flat ahead of the Federal Reserve's monetary policy decision later today. The European markets were up and the U.S. bourses were mixed and flat and the Asian markets figure to split the difference.
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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.