Macro
Macroeconomic data releases, indicators, and market reactions. GDP, inflation, employment, and economic policy.
UK May 2026 borrowing hits £23.3bn, second highest on record
ONS data released 19 June 2026 showed UK public sector net borrowing reached £23.3bn in May 2026, above market forecasts and the second highest May figure on record. UK gilts and sterling via GBPUSD were named in coverage connected to the release.
UK CPI holds at 2.8% in May, below 3.0% forecast
UK annual CPI inflation held steady at 2.8% in May 2026, defying economist forecasts of a rise to 3.0%, as higher transport costs were offset by slower food price rises.
UK GDP contracts 0.1% in April as Iran war lifts energy costs
The UK economy shrank 0.1% month-on-month in April 2026, matching consensus, as rising energy costs tied to the US-Iran conflict weighed on services activity.
S&P 500 win streak at risk as AI stocks retreat and Iran talks stall before payrolls
A cautious European session dominated by AI equity weakness, a eurozone GDP contraction revision, stalled US-Iran talks, and positioning ahead of US non-farm payrolls.
SK Hynix joins $1 trillion club as Korean equities double in 2026
An active overnight session dominated by Korean semiconductor milestones, US-Iran diplomatic developments, and UAE's departure from OPEC.