Newsquawk Daily Economic Releases - 7th May 2026
Today's economic releases include key indicators from Australia and Europe, particularly the German Factory Orders and EZ Retail Sales, which will provide insights into manufacturing and consumer demand trends.
Google (GOOGL) makes EU offer to avoid fine in 'News Search' case
Iran and the US are working with mediators to hammer out a one-page, 14-point memorandum of understanding that would lay out a framework for a monthlong period of talks to end the war, via WSJ citing sources
Newsquawk Daily Economic Releases - 7th May 2026
"The White House received positive feedback from Pakistani mediators on Tuesday that the Iranians were progressing toward a compromise" CNN's Treene reports citing officials
US President Trump says that Iran war has a good chance of ending, PBS reports; he feels US is closing in on a deal with Iran
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- Data: Australian Balance of Trade (Mar), German Factory Orders (Mar), French Balance of Trade (Mar), EZ Construction PMI (Apr), EZ Retail Sales (Mar), US Challenger Job Layoffs (Apr), US Jobless Claims (May 2), Atlanta Fed GDP, Mexican Inflation (Apr)
- Events: Norges Bank Policy Announcement (May), Riksbank Policy Announcement (May), CNB Policy Announcement (May), Banxico Policy Announcement (May), CBR Minutes (May), UK Local Elections, BoJ Minutes (Mar)
- Speakers: ECB’s de Guindos, Elderson, Schnabel, Lane; BoE’s Lombardelli, Mann, Taylor; Fed’s Hammack, Williams, Kashkari; Norges Bank’s Bache; Riksbank’s Thedeen
- Supply: Spain, France
- Earnings: CoreWeave, IREN, Coinbase, Cloudflare, DraftKings, ACM Research, Datadog, McDonald's, Shell, Enel, Rheinmetall
The outcomes could influence market perceptions about growth in the Eurozone and potential policy responses, while the U.S. jobless claims data will be critical for gauging labor market health ahead of upcoming Federal Reserve decisions.
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