uk retail sales

Retail sales figures are key for tracking people returning to shopping following COVID-19. With most of the world moving towards reopening, we would expect retail sales to increase substantially if we are to have a U-shaped recovery.…

Last Week’s Highlights German Ifo Business Confidence Drops to Historic Lows The monthly Ifo business confidence report for Germany saw business confidence taking a bit hit. The index fell to 74.3 for April, down from 85.9 in March. The…

Economic data from the UK last week covered the unemployment, inflation and retail sales. Data showed that the UK's unemployment rate fell to a 43 year low of 4.0%. However, wage growth remained sluggish. Meantime, inflation was seen…

Daily Forex Market Preview, 17/08/2018 Australia's wage report showed that the unemployment rate fell 5.3% in July. The decline came on a slight decrease in the participation rate. Data showed that the economy lost a net 3.9k jobs. This…

The April unemployment data from the UK posted a new record in April as the nation's unemployment rate fell to 4.6% marking a 12 year. The unemployment rate slipped from 4.7% in the Dec - Jan period. Despite the blockbuster headline,…

The US dollar started the week on a strong note, keeping the gains from last Friday. Investors were spooked as the reality of the Fed's decision edged closer surrounding the uncertainty of the central bank's next policy move. Economic data…

The markets opened on Monday on a subdued note with Japan's GDP data coming out in the early hours. Growth in Japan remained flat in the second quarter, missing estimates of a 0.20% increase and lower than Q1's GDP growth rate of 0.50%. On…

Market Summary Japan posts trade surplus in July, but exports fall for 10th consecutive month Australia unemployment rate falls to a 3-year low Australia adds 26.2k jobs, but part-time jobs continue to drive the labor market…

The US dollar closed the week as the second weakest currency, only next to the British pound. The US dollar fell sharply over the week but managed to recover some ground on late Friday. Data over the week included weak nonfarm productivity…

The US dollar was seen trading stronger for the week with the biggest declines coming from the Turkish lira. The markets opened this week on the news of a failed military coup in Turkey. However, by Monday morning, the situation was under…