The Switzerland market's equity index SMI closed higher on Friday, in line with most of the markets across Europe, as optimism about Iran and the U.S. reaching a peace deal prompted investors to pick up stocks.The benchmark SMI ended with a gain of 56.78 points or 0.42% at 13,503.21 after scaling a low of 13,446.91 and a high of 13,538.31 intraday.Logitech International climbed 6.23% after the com...
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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.