Retail sales data from Italy is due on Tuesday, headlining a light day for the European economic news.At 2.00 am ET, industrial production and household consumption figure are due from Statistics Sweden. At 2.45 am ET, France foreign trade data for December is due from the customs office. The trade deficit totaled EUR 9.7 billion in November. At 3.00 am ET, industrial production from Spain and for...
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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.