uk retail sales

The GBPUSD has been relatively quiet on the fundamentals front, allowing technical traders a respite from the news. But the rest of the week will feature a series of key market-moving data points just ahead of the European trading session.…
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The BOE has had a pretty good week in terms of macroeconomic releases, with most data coming in within their outlook. Presumably, this means that their monetary policy is on track. But that might change with the release of retail sales…
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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.…
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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…
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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…
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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…
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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,…
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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…
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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…
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