The Office for National Statistics released UK Retail Sales data that came out better than expected of 1.4%, compare to forecasted 0.3%.
The Office for National Statistics notes, "Strong growth of 5.3% in household goods stores provided the largest contribution to overall growth within non-food stores. In November 2018, online sales as a proportion of all retailing exceeded 20% for the first time, with all online retailing accounting for 21.5% of total retailing on a non-seasonally adjusted basis."
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| Historical Data Table: Retail Sales m/m | Economic Calendar for 21.12.2018 | ||||||||
| Date | 16.08.2018 | 20.09.2018 | 18.10.2018 | 15.11.2018 | 20.12.2018 | 9:30 AM | UK Current Account | ||
| Actual | 0.70% | 0.30% | -0.80% | -0.50% | 1.40% | 13:30 PM | CAD GDP and Core Retail Sales | ||
| Forecast | 0.20% | -0.20% | -0.40% | 0.20% | 0.30% | 13:30 PM | US Durable Goods Orders and the Final GDP | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 20.12.2018 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| GBP/USD | 1.26781 | 1.26846 | 0.05% | GBP/USD | 62.47% | 37.53% | |||
| EUR/GBP | 0.90412 | 0.90418 | 0.01% | EUR/GBP | 25.61% | 74.39% | |||
| GBP/CAD | 1.70743 | 1.70832 | 0.05% | GBP/CAD | 43.44% | 56.56% | |||
| GBP/JPY | 141.779 | 141.839 | 0.04% | GBP/JPY | 72.55% | 27.45% | |||