The Office for National Statistics released UK Retail Sales data that came out lower-than-expected of negative 0.8% compared with forecasted negative 0.4%.
The ONS Head of Retail Sales Rhian Murphy said: Retail continued to grow in the three months to September with jewellery shops and online stores seeing particularly strong sales. This was despite a stark slowdown in food sales in September, following a bumper summer."
Historical Data Table: Retail Sales m/m | Economic Calendar for 19.10.2018 | ||||||||
Date | 14.06.2018 | 19.07.2018 | 16.08.2018 | 20.09.2018 | 18.10.2018 | 6:30 AM | JPY BOJ Gov Kuroda Speaks | ||
Actual | 1.30% | -0.50% | 0.70% | 0.30% | -0.80% | 12:30 PM | CAD CPI m/m | ||
Forecast | 0.50% | 0.10% | 0.20% | -0.20% | -0.40% | 12:30 PM | CAD Core Retail Sales m/m | ||
Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
GBP/USD | 1.31041 | 1.31012 | -0.02% | GBP/USD | 48.07% | 51.93% | |||
EUR/GBP | 0.87827 | 0.87847 | 0.02% | EUR/GBP | 74.20% | 25.80% | |||
GBP/CAD | 1.70837 | 1.70815 | -0.01% | GBP/CAD | 62.00% | 38.00% | |||
GBP/JPY | 147.518 | 147.473 | -0.03% | GBP/JPY | 44.90% | 55.10% |