EUR/GBP

In April 2026, compared with March 2026, the seasonally adjusted retail trade volume decreased by 0.4% in the euro area and by 0.5% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In March 2026, retail trade volume grew by 0.8% in the euro area and by 1.1% in the EU. In April 2026, compared with April ...

Shrinking order books and rising economic uncertainty contributed to another steep decline in UK construction activity during May. At the same time, higher energy, fuel and transportation costs led to the fastest pace of input price inflation since June 2022. At 38.2 in May, down from 39.7 in April, the headline seasonally adjusted S&P Global UK ...

It is a pleasure to be here in Aix-en-Provence to mark the launch of Essenti'Elles Santé for Provence-Alpes-Côte d'Azur. Today is about the women who are shaping healthcare in this region. For most of history, societies have been readier to raise women up as symbols than to let them lead. We do not have to look far for an example. Aix’s most famous ...

As Kevin Warsh takes over as chair of the Federal Reserve, investors and financial media outlets are looking closely for any hints at how his appointment will impact monetary policy. One series of comments Warsh made while testifying to Congress back in April as a nominee has been getting more attention in recent weeks, following some high inflation ...

The U.S. Trade Representative has issued an overnight statement and proposed a new round of tariffs of at least 10% on imports from 60 trading partners, marking the administration's largest attempt yet to rebuild its tariff empire after the Supreme Court struck down earlier levies. The new duties stem from Section 301 of the Trade Act of 1974, which ...

Latest survey data indicated a setback for the UK service sector as output levels fell for the first time in just over a year. This mostly reflected a sustained reduction in new work. Weaker demand was attributed to elevated risk aversion among clients and pressure on budgets from sharply rising inflation. The headline seasonally adjusted S&P Global UK ...

the German service sector in May, reflecting a backdrop of subdued demand and elevated cost pressures, the latest PMI® survey results showed. Positively, the rate of contraction eased and firms' expectations for activity over the next 12 months rebounded from April's low. The headline S&P Global Germany Services PMI® Business Activity Index is based on a ...

The Trump administration is proposing that tariffs of 10% or more be imposed on products from dozens of major trading partners following a probe into imports of goods allegedly made with forced labor. The report released early Wednesday by the U.S. Trade Representative said Canada, Mexico, Taiwan and the United Kingdom and some other countries would face ...

In the past number of weeks, we've been opining on long-dated real rates as a factor of significance for bond markets. Primarily, here. There is a link, even if seemingly tenuous, with the ongoing technical and productivity revolution being discounted in the risk asset space. It's not easy to glean this from the ups and downs in bond yields through business ...

Fed's Chair Warsh names two conservative policy veterans as interim advisers, Paul Winfree and Daniel Heil, who are to work as temporary contractors to support policy analysis and planning - WSJ citing Source. New: Kevin Warsh has tapped two outside associates as advisers—in as temporary contractors for now. Both are budget policy specialists, and one wrote the Fed chapter of Project 2025, which endorsed a radical restructuring of the central bank.