Business confidence from Germany and retail sales from the UK are due on Friday, headlining a busy day for the European economic news.At 2.00 am ET, the Office for National Statistics releases UK retail sales data for June. Sales are forecast to grow 1.2 percent month-on-month in June, in contrast to the 2.7 percent decrease in May. At 2.45 am ET, France's statistical office INSEE is scheduled to ...
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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.