07:00 AM BST, Germany - Retail Sales Data for June:
- German Retail Sales: actual 1.0% MoM; forecast 0.5% MoM; previous -1.6% MoM;
- German Retail Sales: actual 4.9% YoY; previous 1.6% YoY;
Despite better-than-expected German retail-sales data, EURUSD remained muted following the release. Investors are now awaiting more market-moving catalysts today, such as the US GDP report and the Fed’s interest-rate decision
OIL: EIA points to a deeper supply shock than expected 🔎
Economic calendar: US PPI inflation and euro area GDP 📌
Morning wrap (13.05.2026)
Daily Summary: Wall Street Under Pressure After Highest Inflation Reading Since 2023