Despite Boris Johnson's election win, the UK economy stagnated in January as the expansion in the service sector was offset by falling industrial and construction output, data from the Office for National Statistics revealed Wednesday. Gross domestic product remained flat on month in January after expanding 0.3 percent in December. Economists had forecast a monthly growth of 0.2 percent.For third ...
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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.