The Office for National Statistics released UK Retail Sales data that came out lower- than-expected of negative 0.9%, compare to forecasted negative 0.8%.
The Office for National Statistics noted: "In the three months to December 2018, estimates in the quantity bought decreased by 0.2% with declines across all main sectors except fuel. Looking at annual growth rates, the whole of 2018 increased by 2.7% in the quantity bought; an annual slowdown in comparison with the peak of 4.7% experienced in 2016."
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| Historical Data Table: Retail Sales m/m | Economic Calendar for 22.01.2019 | ||||||||
| Date | 20.09.2018 | 18.10.2018 | 15.11.2018 | 20.12.2018 | 18.01.2019 | 9:30 AM | UK Average Earnings Index 3m/y | ||
| Actual | 0.30% | -0.80% | -0.50% | 1.40% | -0.90% | 13:30 PM | CAD Manufacturing Sales m/m | ||
| Forecast | -0.20% | -0.40% | 0.20% | 0.30% | -0.80% | 21:45 PM | NZD CPI q/q | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 18.01.2019 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| GBP/USD | 1.29325 | 1.29357 | 0.02% | GBP/USD | 46.27% | 53.73% | |||
| EUR/GBP | 0.88103 | 0.88074 | -0.03% | EUR/GBP | 50.66% | 49.34% | |||
| GBP/CAD | 1.71624 | 1.71695 | 0.04% | GBP/CAD | 51.22% | 48.78% | |||
| GBP/JPY | 141.686 | 141.751 | 0.05% | GBP/JPY | 52.56% | 47.44% | |||