European stocks closed higher on Monday, and several markets climbed to multi-month highs amid rising optimism about Iran and the United States reaching a peace deal that could result in the reopening of the Strait of Hormuz.A sharp fall in crude oil prices helped ease concerns about inflation and growth. U.S. President Donald Trump said on Saturday that an agreement with Iran has been "largely ne...
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.