German stocks tumbled on Friday, extending losses from the previous session, as worries about inflation and economic slowdown due to the ongoing conflict in the Middle East continued to force investors away from riskier assets.
Oil prices climbed higher again, with the Brent crude climbing over $114 a barrel, even as U.S. President Donald Trump extended the pause on military strikes on Iran by 10 days. However, reports that the Pentagon is planning to send 10,000 more troops to the Middle East signal a possible escalation in tensions in the region.
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Market Analysis
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.