An increase of the indicator value may contribute to the rise in quotes of GBP.
EURGBP
Euro / British pound
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News EURGBP
An increase of the indicator value may contribute to the rise in quotes of EUR.
According to data from the UK Office for National Statistics, the country's GDP fell by 0.1% in May following a 0.3% decline in April. Experts surveyed by Bloomberg had expected a 0.1% increase. This has heightened concerns among analysts about the state of the British economy.
Italy’s Economy Minister Giancarlo Giorgetti states the country plans to exit the European Union's excessive budget deficit procedure ahead of schedule, as early as 2026.
JPMorgan Chase CEO Jamie Dimon delivered a sharp critique of Europe’s economic outlook. He warned that the region’s standing on the global stage continues to weaken. As a solution, he proposed finalizing the creation of a unified market.
Event announcement EURGBP
The GBP publication is expected
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EURGBP economy
European Union
United Kingdom
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Inflation
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