UK: CBI Retail Sales Balance in December improves to +11 from -19 in November
The Confederation of British Industry (CBI) reported on Wednesday that the Retail Sales Balance in December improved to +11 from -19 in November.
The CBI's Expected Retail Sales for January stood at -17.
Market reaction
This report doesn't seem to be having a significant impact on risk sentiment. As of writing, the UK's FTSE 100 Index was rising 0.7% on the day and US stock index futures were up between 0.65% and 0.75%.
Meanwhile, GBP/USD stays on the back foot and was last seen trading at 1.2120, where it was losing 0.5% on a daily basis.
Reprinted from FXStreet_id，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.