National Bank of Canada's (NBC) Taylor Schleich and Vy Le highlight that Canada’s 2026 Gross Domestic Product (GDP) forecast has been cut to 0.7%, leaving the economy lagging U.S. growth above 2%.

DBS economist Radhika Rao details India’s capital account challenges, citing weakening capital flows, softer foreign portfolio inflows and narrower net Foreign Direct Investment (FDI) that pushed the balance of payments into deficit in FY26.

Japanese Prime Minister (PM) Sanae Takaichi's administration newly appointed Bank of Japan (BoJ) board member, Ayano Sato, said in his scheduled press conference during the European trading session on Tuesday that the de-escalation of the Middle East conflict is welcome news for the economy, but unc

Standard Chartered Bank’s Chief Economist for Europe and UK, Christopher Graham, reviews Andy Burnham’s plan to make devolution a central pillar of his premiership.

Spain Current Account Balance declined to €1.88B in April from previous €4.61B

Italy Producer Price Index (YoY) increased to 7.3% in May from previous 6.8%

Italy Producer Price Index (MoM) dipped from previous 0.3% to -0.2% in May

ING’s Francesco Pesole writes that European Central Bank (ECB) President Christine Lagarde’s opening remarks in Sintra were measured and do not signal a radical shift in policy communication.

European Central Bank (ECB) policymaker and Dutch central bank chief Olaf Sleijpen said in the European trade on Tuesday that the falling energy prices after easing Middle East tensions would cool down Eurozone inflationary pressures.

EUR/CAD depreciates after two days of gains, trading around 1.6220 during the early European hours on Tuesday. The currency cross remains subdued as the Euro (EUR) holds losses following the release of German Retail Sales data.

European Central Bank (ECB) policymaker and the head of Belgium's central bank, Pierre Wunsch, said in the European trade on Tuesday that inflationary pressures in the Eurozone economy could stay above the 2% target for some quarters, adding that the central bank might need to deliver another intere

TD Securities’ Prashant Newnaha notes that three Reserve Bank of Australia cash rate hikes this year have tightened domestic financial conditions, with activity slowing broadly in line with Bank expectations.

European Central Bank (ECB) Governing Council Member and President of the Deutsche Bundesbank, Joachim Nagel, said during the European trading session on Tuesday that inflation risks in the Eurozone have not vanished, citing that the Middle East situation is still “very opaque”.

Turkey Trade Balance came in at -5.61B below forecasts (-5.6B) in May

Austria Producer Price Index (MoM) declined to 0.5% in May from previous 0.9%

Austria Producer Price Index (YoY): 2.8% (May) vs 1.9%

BNY Markets’ John Velis and David Tam discuss Federal Reserve reserve management purchases (RMPs), noting that new qualifying language suggests the Federal Open Market Committee (FOMC) is more comfortable with system reserves and may adjust RMPs more flexibly.

France Consumer Spending (MoM) came in at 0.5%, above expectations (0.2%) in May

Deutsche Bank strategists note a solid risk-on tone in US equities as a recovery in technology stocks lifted the broader market. The Magnificent 7 outperformed, helping the S&P 500 to snap a five-day losing streak and putting it on the verge of its best quarterly performance in six years.

The EUR/GBP cross trades in negative territory around 0.8605 during the early European trading hours on Tuesday. The Euro (EUR) remains weak against the British Pound (GBP) despite the upbeat Germany’s Retail Sales data.

European Central Bank (ECB) Chief Economist Philip Lane said on Tuesday that the oil market has moved quite a bit since the last decision, adding that oil prices curve sees elevated levels in years ahead, suggesting costs for the economy.

Commerzbank’s Dr. Henry Hao argues that resilient manufacturing and non-manufacturing PMIs suggest China’s economy is not weak enough to warrant immediate broad-based easing, even as domestic demand indicators stay soft.

German Retail Sales, a key measure of consumer spending, showed a surprise upside in May. The consumer spending measure rose 1.1% month-on-month (MoM), according to official data released by Destatis, while it was expected to have declined 0.1%.

United Kingdom Gross Domestic Product (YoY) registered at 0.9%, below expectations (1.1%) in 1Q

United Kingdom Total Business Investment (YoY) registered at -1.3% above expectations (-1.8%) in 1Q

Germany Import Price Index (MoM) registered at 0.7% above expectations (0.6%) in May

Germany Import Price Index (YoY): 6.8% (May) vs 5.3%

United Kingdom Total Business Investment (QoQ) came in at 0.9%, above forecasts (0.7%) in 1Q

United Kingdom Gross Domestic Product (QoQ) meets forecasts (0.6%) in 1Q

United Kingdom Current Account came in at £-22.1B below forecasts (£-21.5B) in 1Q