European shares were sharply lower on Friday, with inflation concerns and disappointment over U.S.-China trade talks keeping investors on edge. After wrapping up his three-day visit to China, U.S. President Donald Trump said he will not be much more patient with Tehran. Hormuz concerns persist despite Iran's Revolutionary Guards claiming around 30 vessels had crossed the strait since Wednesday eve...
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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.