Asian stocks were mostly higher on Friday after ending 2025 on a subdued note. Regional trading volumes remain thin due to holidays in Japan, China and New Zealand. The dollar was weak after its sharpest drop in eight years. As economic uncertainties mount, investors wait to see whether the next Federal Reserve chief would opt for deeper interest-rate cuts. Current head Jerome Powell's term ends i...
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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.