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26 Mar

Today’s upbeat UK retail sales print for February has shown that local spending remained supported by lower energy costs. In light of this week’s mixed inflation report, a more than expected upside in today’s retail sales data has strengthened expectations that demand remains buoyed on the domestic front. In line with this week’s robust data, today’s GfK survey in Germany showed that morale among consumers in the nation improved for April and fuelled anticipation that overall activity in the Euro bloc is improving.Across the Atlantic, a report released yesterday revealed that durable goods orders in the US declined unexpectedly for February. Later today, greenback investors will eye the weekly jobless claims survey in the nation for further direction.

25 Mar

Today’s BBA survey has revealed that the number of mortgages approved by UK banks increased more than expected for February. Moving ahead, market participants will eye the retail sales report in the UK scheduled for tomorrow to gauge the health of domestic spending for February, especially after the release of yesterday’s mixed inflation data in Britain.Across the Atlantic, after yesterday’s upbeat inflation data showed that consumer prices rose in line with estimates for February, traders will keep tabs on today’s durable goods orders print in the US for further direction to risk appetite. In Europe, today’s Ifo report showed that morale among firms in Germany improved for March.

24 Mar

A report just released in the UK has shown that consumer price inflation in the country rose for February. However, the nation’s annual core inflation nudged lower last month, fuelling uncertainty with the nation’s consumer price growth. Moving ahead, Sterling traders will keep a tab on Thursday’s retail sales print in Britain to gauge the health of spending among local consumers.Across the Atlantic, data scheduled later today is expected to show that consumer price inflation rose for February on a monthly basis, after registering a fall for the past three months. In the Euro zone, upbeat flash manufacturing and services PMI readings for March boosted expectations that activity in the region’s private sector is picking up.