Gfk Group Consumer Climate. Germany, 08:00 (GMT+2) 22 May

22May.202607:00

Gfk Group Consumer Climate. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), the data on GfK Group Consumer Climate index for June are due in Germany. The indicator measures the degree of confidence in the strength of the economy and is a leading indicator for consumer spending. The negative dynamics is likely to deteriorate from −33.3 points to −33.8 points, which is expected to act as a driver of euro weakness.

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22 May. 2026 07:00

Gross Domestic Product. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), the UK will release gross domestic product (GDP) data for Q1 — the primary indicator reflecting the state of the national economy, encompassing domestic consumption, investment, government spending, and exports. If the indicator increases from 0.3% QoQ and YoY, this is expected to support the euro.

22 May. 2026 07:00

Retail Sales. United Kingdom, 08:00 (GMT+2)

At 08:00 (GMT+2), the UK will release April retail sales data — a measure that tracks the volume of all goods sold by retailers each month, based on a sample of stores of different types and sizes. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). On a monthly basis, a correction from 0.7% to −0.6% is expected, which may act as a driver of the downward dynamics of the pound quotes.

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