Purchasing Managers' survey data from euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 3.00 am ET, the Czech Statistical Office publishes retail sales figures for July. Economists forecast sales to advance 5.9 percent on year, faster than the 1.4 percent rise seen in June.Also, Hungary's final GDP and retail sales reports are due at 3.00 am ET.At ...
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Business News
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.