Market news
UK CBI Retail Sales drop to -5 in June vs. -1 previous
The Confederation of British Industry's (CBI) latest Distributive Trades Survey showed on Thursday, the UK’s Retail Sales Balance dropped to -5 in June versus May’s -1 print.
Additional details
June Retail Sales 3-month average -14 vs. May -9, lowest in more than a year.
Retail Sales balance for the time of year -19 in June vs. 0 in May.
Market reaction
GBP/USD is trading around 1.2200, consolidating the recovery induced by the upbeat UK Services PMI. Bulls remain wary amid broad risk-aversion and a stronger US dollar.
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| Pacific | Sydney | 21:00 | 06:00 | 00:00 | 09:00 | 00:00 | 09:00 |
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| Asian | Tokyo | 23:00 | 08:00 | 02:00 | 11:00 | 02:00 | 11:00 |
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| Asian | Hong Kong, Singapore | 00:00 | 09:00 | 03:00 | 12:00 | 03:00 | 12:00 |
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| European | 06:00 | 15:00 | 09:00 | 18:00 | 9:00 | 18:00 | |
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| European | London | 07:00 | 16:00 | 10:00 | 19:00 | 10:00 | 19:00 |
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| American | New York | 12:00 | 21:00 | 15:00 | 00:00 | 15:00 | 00:00 |
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| American | Chicago | 13:00 | 22:00 | 16:00 | 01:00 | 16:00 | 01:00 |
