US Retail Sales Control Group MoM (Apr) M/M 0.5% (Prev. 0.7%)

The US Retail Sales Control Group increased by 0.5% month-over-month in April, a deceleration from the previous 0.7% increase.

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"The ceasefire between Israel and Lebanon will be extended for an indefinite period", Sky News Arabia reports

Israeli Defence Minister Katz says the Iran mission is not over; Israel is prepared for the possibility that we may need to act again

US Retail Sales Control Group MoM (Apr) M/M 0.5% (Prev. 0.7%)

Russia is looking forward to direct contacts with Chinese President Xi that are not linked to US President Trump’s visit to China, TASS reports

UK Health Minister ally says to Sky's Rigby, Streeting has not decided to trigger a challenge/immediate contest, PM Starmer needs to set out a timetable; Mail's Hodges says "I am told the bulk of the cabinet will now move in behind this position as well"

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This moderation might indicate a slowing consumer spending trend, which could weigh on growth forecasts and influence market expectations for monetary policy moving forward.

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