The Office for National Statistics released UK Retail Sales data that came out lower than expected of negative 0.5%, compare to forecasted positive 0.2%.
The Office for National Statistics noted, "In the three months to October 2018, the quantity bought in retail sales increased by 0.4% when compared with the previous three months; a slowdown to growth when compared with the strong summer sales, which reached a high of 2.3% in the three months to July".
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| Historical Data Table: Retail Sales m/m | Economic Calendar for 16.11.2018 | ||||||||
| Date | 19.07.2018 | 16.08.2018 | 20.09.2018 | 18.10.2018 | 15.11.2018 | 8:30 AM | EUR ECB President Draghi Speaks | ||
| Actual | -0.50% | 0.70% | 0.30% | -0.80% | -0.50% | 13:00 PM | EUR German Buba President Weidmann Speaks | ||
| Forecast | 0.10% | 0.20% | -0.20% | -0.40% | 0.20% | 13:30 PM | CAD Manufacturing Sales m/m | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| GBP/USD | 1.2825 | 1.28162 | -0.07% | GBP/USD | 59.76% | 40.24% | |||
| EUR/GBP | 0.88225 | 0.88282 | 0.06% | EUR/GBP | 44.59% | 55.41% | |||
| GBP/CAD | 1.69439 | 1.69369 | -0.04% | GBP/CAD | 64.55% | 35.45% | |||
| GBP/JPY | 145.403 | 145.306 | -0.07% | GBP/JPY | 45.50% | 54.50% | |||