07:00 AM BST, United Kingdom - Retail Sales Data for July:
- Retail Sales: actual 0.5% MoM; forecast 0.6% MoM; previous -0.9% MoM;
- Retail Sales: actual 1.4% YoY; forecast 1.4% YoY; previous -0.3% YoY;
- Core Retail Sales: actual 0.7% MoM; forecast 0.8% MoM; previous -1.3% MoM;
- Core Retail Sales: actual 1.4% YoY; forecast 1.4% YoY; previous -0.8% YoY;
The data are more or less in line with consensus, hence we do not see a significant reaction in the market after the publication. It is important to note the strong rebound compared with the previous month's reading and the solid month-on-month increase.
Economic Calendar - Global series of industrial PMI indicators and tech giants' results
📊Morning Wrap: Oil falls after Qatar talks. China injects liquidity, while the US prepares for elections.
Pick of the week: Will oil sink to $100?
Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.