European stocks were mixed in cautious trade on Monday as investors remained focused on escalating tensions in the Middle East. G7 finance minister are gathering in Paris today and tomorrow to discuss global economic imbalances as geopolitical differences threaten to test the group's cohesion. Eurozone government bond yields climbed, with the yield on the Germany 10-year bond rising to notch its h...
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Business News
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.