Spain Gross Domestic Product - Estimated (QoQ) registered at 0.6% above expectations (0.5%) in 1Q

Apr 30, 2026

European Central Bank set to hold interest rates as markets assess prospects for future hikes

The European Central Bank (ECB) is scheduled to announce its monetary policy decision on Thursday, following its April meeting. The Frankfurt-based institution is widely expected to keep its key interest rates unchanged, leaving the deposit facility at 2%, a level considered broadly neutral.

EUR/GBP softens to near 0.8650 on weak German Retail Sales, ECB and BoE rate decisions loom

The EUR/GBP cross declines to near 0.8660 during the early European trading hours on Thursday. The Euro (EUR) weakens against the Pound Sterling (GBP) following the downbeat German Retail Sales data.