France's equity benchmark CAC 40 fell sharply on Friday, as stocks tumbled on concerns about the conflict in the Middle East, and disappointment over a lack of concrete outcome so far from the U.S.-China summit in Beijing.A bit of profit taking after recent gains contributed as well to market's decline.Concerns about Hormuz Strait linger despite Iran's Revolutionary Guards' claim that around 30 ve...
For comments and feedback contact: editorial@rttnews.com
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.