French stocks gained significant ground in positive territory on Wednesday despite lingering concerns about Middle East tensions and likely interest rate hike by the European Central Bank in June.
Weak oil prices helped lift sentiment. Brent crude futures fell below $94 a barrel after reports emerged that some LNG tankers have passed through the Strait of Hormuz in recent days, helping ease supply concerns amid prolonged West Asia conflict.
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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.