European stocks were broadly lower on Monday amid failed peace efforts in the U.S.-Iran conflict. After U.S. President Donald Trump rejected Iran's latest proposal to end the months-long conflict now stretching over two months, Iran said it would continue using both "the weapon of diplomacy" and military resistance whenever it considers necessary to protect national interests. Iranian Foreign Mini...
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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.