After opening on a weak note, the UK market recovered lost ground and moved slightly above the flat line on Wednesday with some frontline stocks, including a few from the mining sector, climbing higher on fairly strong buying support.A steeper than expected drop in inflation aided sentiment, even as uncertainty about a U.S.-Iran peace deal rendered the mood a bit cautious.The benchmark FTSE 100, w...
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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.