The UK stock market opened on a weak note Thursday morning and continued to struggle for support with investors staying cautious amid uncertainty about the status of U.S.-Iran peace talks. Shares from banking and mining sectors declined sharply.Iran, which has dismissed a 15-point proposal by the U.S. to pause the war, is insisting that an end to the conflict will only occur on Tehran's own terms ...
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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.