European stocks closed weak on Thursday, with investors closely following news about U.S.-Iran conflict and weighing the prospects of the warring nations striking a peace deal that could help re-open the Strait of Hormuz. Also, higher oil prices stoked inflation concerns, raising the possibility of interest rate hikes by major central banks. A report from Axios said U.S. and Iranian negotiators ha...
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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.