Retail sales for October in y/y terms. Currently: -2,7%. Expected: -1,5%. Previously: -1%.
Retail sales for October in m/m terms. Currently: -0,3%. Expected: 0,3%. Previously: -0,9%.
Retail sales (core) for October in m/m terms. Currently: -0,1%. Expected: 0,4%. Previously: -0,9%.

Today's data performs poorly and theoretically increases the chance that the BoE will not continue the interest rate hike cycle. The British pound is losing against the USD shortly after the report.
Daily summary: Wall Street, precious metals and EURUSD surge📈Bitcoin under pressure
Economic calendar: Key U.S. data to shift focus from geopolitics (22.01.2026)
Market Wrap: Wall Street and Europe lose ground; markets await Trump in Davos🛣️
What next for interest rates in the UK❓ Tobacco and airfare drive up prices in the economy 📈