Germany Gross Domestic Product (YoY) above forecasts (0.3%) in 1Q: Actual (0.4%)

Retail Sales, a key measure of consumer spending, in the United Kingdom (UK) fell 1.3% month-over-month (MoM) in April after rising by a revised 0.6% in March, the latest data published by the Office for National Statistics (ONS) showed on Friday.

Germany Gross Domestic Product w.d.a (YoY) unchanged at 0.5% in 1Q

United Kingdom Public Sector Net Borrowing above forecasts (£20B) in April: Actual (£24.343B)

Germany Gross Domestic Product (QoQ) in line with expectations (0.3%) in 1Q

United Kingdom Retail Sales ex-Fuel (YoY) below expectations (1.5%) in April: Actual (1.1%)

United Kingdom Retail Sales ex-Fuel (MoM) came in at -0.4%, below expectations (-0.3%) in April

Germany Gross Domestic Product (YoY) meets forecasts (0.3%) in 1Q

United Kingdom Retail Sales (YoY) below expectations (1.3%) in April: Actual (0%)

United Kingdom Retail Sales (MoM) came in at -1.3% below forecasts (-0.6%) in April

Germany GfK Consumer Confidence Survey above forecasts (-34) in June: Actual (-29.8)

Stock markets in the Asian region reflect sheer strength on Friday due to multiple tailwinds.

Gold prices fell in India on Friday, according to data compiled by FXStreet.

Japan National CPI ex Food, Energy (YoY) declined to 1.9% in April from previous 2.4%

Japan’s National Consumer Price Index (CPI) rose by 1.4% YoY in April, compared to the previous reading of 1.5%, according to the latest data released by the Japan Statistics Bureau on Friday.

Japan National CPI ex Fresh Food (YoY) below forecasts (1.7%) in April: Actual (1.4%)

Japan National Consumer Price Index (YoY) fell from previous 1.5% to 1.4% in April

United Kingdom GfK Consumer Confidence above forecasts (-28) in May: Actual (-23)

New Zealand Retail Sales ex Autos (QoQ) declined to 1% in 1Q from previous 1.5%

New Zealand’s Retail Sales, a measure of the country’s consumer spending, climbed 0.9% QoQ in the first quarter (Q1) of 2026, compared to 0.9% in the previous reading, according to the official data published by Statistics New Zealand on Monday.

New Zealand Retail Sales (QoQ) came in at 0.9%, above expectations (0.5%) in 1Q

South Korea Consumer Sentiment Index increased to 106.1 in May from previous 99.2

BNY’s Geoff Yu highlights that South Korean equities, especially AI and semiconductor names, face tightening financial conditions even as the KOSPI remains a top global performer. iFlow shows heavy institutional selling and extended outflows, which could now weigh on the Korean Won.

Bank of Richmond Federal Reserve (Fed) President Thomas Barkin said on Thursday that he doesn't think it's the right time for offering strong forward guidance in light of uncertainty surrounding inflation, US employment, and the long-term impact of artificial intelligence (AI) on the labor market.

DBS Group Research economist Radhika Rao notes that Bank Indonesia (BI) surprised markets by raising its benchmark rate 50bp to 5.25%, prioritising macroeconomic stability and Rupiah support.

Commerzbank’s Dr. Vincent Stamer notes that the Euro area composite PMI fell further into contraction territory in May, suggesting a weak second quarter for the economy. Both manufacturing and services sentiment deteriorated, with services notably weaker.

Bank of Richmond Federal Reserve (Fed) President Thomas Barkin said on Thursday that "current monetary policy is in a good place to respond to ongoing shocks." Speaking about the US economic outlook and monetary policy, Barkin added that future rate decisions will depend on how businesses and consum

Iranian media reports, citing Al-Arabiya, suggest that the final draft of a US–Iran agreement has reportedly been completed with Pakistani mediation, with an official announcement potentially coming within hours.

ABN AMRO’s Georgette Boele notes that Sterling has weakened alongside the Euro versus the US Dollar, with energy prices a key driver. She argues UK political uncertainty could temporarily lift volatility in Sterling and gilts, but expects this phase to be short-lived.

Banco de Mexico (Banxico) released its latest meeting minutes on Thursday, in which the Middle East conflict dominated the board's discussion.