UK stock market's benchmark index FTSE 100 moved higher Tuesday morning, extending gains from the previous session, amid optimism about U.S. and Iran striking a peace deal. Hopes about a potential U.S.-Iran deal rose after U.S. President Donald Trump announced a temporary pause in strike against Iran.Trump, who said there was a "very good chance" the United States could reach an agreement with Ira...
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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.