Indian shares ended modestly higher on Friday, giving up some early gains amid renewed optimism about U.S.-Iran talks. U.S. Treasury yields fell, oil headed for a weekly loss, and the rupee held ground after seeing its steepest gains in two weeks amid signs of progress in U.S.-Iran talks, with Pakistan playing a role in mediation efforts. U.S. Secretary of State Macro Rubio said there were "some e...
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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.