The China stock market on Thursday ended the two-day wining streak in which it had gained more than 65 points or 1.3 percent. The Shanghai Composite Index now sits just beneath the 4,150-point plateau and it's likely to open in the red again on Friday.
The global forecast for the Asian markets is soft, with oil and technology stocks likely to weigh. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.
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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.