No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
UK retail sales slumped 2.7% in May, marking the steepest drop since December 2023, according to the Office for National Statistics’ (ONS) data released on Friday. The fall followed a rise in April, when consumers were actively purchasing home improvements, food, and summer clothes.
An increase of the indicator value may contribute to the rise in quotes of GBP.
An increase of the indicator value may contribute to the rise in quotes of GBP.
According to a Friday report from Statistics Canada, retail sales in April increased by 0.3% to 70.11 billion Canadian dollars ($50.94 billion). Gains were recorded in six of the nine subsectors. However, the agency's advance estimate suggests this figure might have declined by 1.1% in May.
The UK government is set to cut electricity bills for thousands of domestic companies as part of a new industrial strategy. It plans to slash energy-intensive companies’ bills by 25% from 2027.
The London Metal Exchange (LME) announced new restrictions for owners of large short-term positions in response to falling inventories. This decision was made after nearby copper contract premiums hit their maximum since October 2022.
An increase of the indicator value may contribute to the rise in quotes of JPY.
A decrease of the indicator value may contribute to the fall in quotes of CAD.
In the first two months of the 2025–2026 fiscal year, the UK government deficit totaled 37.7 billion pounds ($50.7 billion), running below forecast. The result gave a modest boost to Chancellor of the Exchequer Rachel Reeves as she faces growing pressure to meet budget limits.
UK consumer confidence has risen for the second month in a row, demonstrating the smallest decline since December last year. The GfK consumer confidence index rose by two points in June, reaching -18.