Ahead of Friday's holiday for Peace Memorial Day, the Taiwan stock market had tracked higher in eight straight sessions, skyrocketing more than 3,650 points or 10.1 percent in that span. Now at a fresh record closing high, the Taiwan Stock Exchange now sits just above the 35,400-point plateau although it's likely to see for profit taking on Monday.
The global forecast for the Asian markets is negative following the outbreak of hostilities between the United States and Israel against Iran. The European and U.S. markets were down on Friday and the Asian bourses are expected to open in similar fashion.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.