France's equity benchmark CAC 40 slipped into negative territory around late morning on Friday, failing to hold early gains, as oil pared early losses and moved higher, forcing investors to refrain from picking up stocks at higher levels.Oil prices moderated earlier in the day in response to the efforts by the U.S. and Israel to ease concerns about ongoing fuel supply issues.Israeli Prime Minister...
For comments and feedback contact: editorial@rttnews.com
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.