UK retail sales came in below estimates

Retail sales are tentatively released. Current: -2.7%. Average: -1.5%. Pechoz: -1%.

Retail sales are for an interim period only. Current: -0.3%. Equivalent: 0.3%. Pechoz: -0.9%.

Retail sales (core) only in the middle of the month. Current: -0.1%. Equivalent: 0.4%. Pechoz: -0.9%.

Today provides a mostly weak and theoretically increasing chance that the BoE will not resume its annual rate hike cycle. The British pound weakened against the US dollar.

!–cleared–>


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Roderick Glisson

"Tv nerd. Passionate food specialist. Travel practitioner. Web guru. Hardcore zombieaholic. Unapologetic music fanatic."

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