The Swiss market opened on a weak note on Wednesday and despite spending much of the day's session in the red, ended modestly higher thanks to selective buying at a few counters in the final hour.The benchmark SMI, which dropped to 13,256.10 around mid morning, climbed to 13,499.32 a few minutes before the closing bell, but dropped down to 13,399.29, settling with a gain of 34.49 points or 0.26%.V...
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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.