Indian shares look set to open on a buoyant note on Thursday amid optimism over a possible easing of Middle East tensions. Oil prices fell more than 5 percent overnight and global bonds rebounded from a recent sell-off on optimism about an end to the U.S.-Iran war and expectations for a near-term restart of energy flows through the critical Strait of Hormuz. U.S. President Donald Trump said the ta...
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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.