European stocks closed higher on Wednesday as hopes of a potential U.S.-Iran peace deal helped offset concerns about economic growth and prompted investors to indulge in some buying. Data showing a bigger than expected drop in UK inflation contributed as well to the positive sentiment.U.S. President Donald Trump claimed on Tuesday that the U.S. war with Iran will end "very quickly.""We're going to...
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.