The Hong Kong stock market on Thursday ended the two-day winning streak in which it had jumped more than 950 points or 3.6 percent. The Hang Seng Index now rests just above the 24,850-point plateau and it's expected to open in the red again on Friday.
The global forecast for the Asian markets is negative on concerns over the conflict in the Middle East. The European and U.S. markets were sharply lower and the Asian bourses figure to follow that 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.