Reply To: Traders Market Weekly: Holiday Shopping Season Kicking Off

#67830
Truman
Participant

U.K.’s October Retail Sales -0.3% m/m (expected 0.3%; last -1.1%); -2.7% yr/yr (expected -1.5%; last -1.3%).
Core Retail Sales -0.1% m/m (expected 0.4%; last -1.3%); -2.4% yr/yr (expected -1.5%; last -1.5%)

Retail sales in the U.K. disappointed in October, fueling speculation that the Bank of England has hiked enough.