Indian shares rose notably on Wednesday, mirroring firm global cues after U.S. President Donald Trump announced trade agreements with Japan and the Philippines, easing concerns about the tariff war.The prospects of an EU-U.S. trade agreement also improved after Trump said that EU representatives would come for trade negotiations on Wednesday.Separately, U.S. Treasury Secretary Scott Bessent said h...
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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.