US Retail Sales Ex Autos MoM (Apr) M/M 0.7% vs. Exp. 0.6% (Prev. 1.9%)
The US retail sales data for April shows a 0.7% increase month-over-month, beating expectations of 0.6%, although this follows a notably higher previous figure of 1.9%.
"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 Ex Autos MoM (Apr) M/M 0.7% vs. Exp. 0.6% (Prev. 1.9%)
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 stronger-than-expected print may suggest resilience in consumer spending, which could have positive implications for growth and might influence monetary policy considerations going forward.
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