Asian stocks rose broadly on Thursday as U.S.-Iran peace talks entered a critical phase and Nvidia announced record quarterly profit and revenue amid explosive demand for its advanced AI chips.Gold dipped toward $4,500 an ounce in Asian trading, weighed down by a firm dollar and higher Treasury yields.Brent crude futures rose over 1 percent to trade above $106 a barrel, after having fallen more th...
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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.