European stocks were subdued on Friday as investors waited for the latest updates on EU-U.S. trade talks ahead of the August 1 deadline. In economic releases, German business morale improved less than expected in July, a survey showed today.The Ifo institute's business climate index rose to 88.6 in July from 88.4 in June while analysts had expected a score of 89.0.Elsewhere, U.K. retail sales reco...
For comments and feedback contact: editorial@rttnews.com
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.