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United Kingdom CBI Distributive Trades
The health of the retail sector in the United Kingdom is measured by the Confederation of British Industry (CBI) Distributive Trades Survey (DTS). The information in this reading is derived from a survey of approximately 150 retail and wholesale businesses. Measures of sales activity across the distribution trades are included in this category. It is considered to be a leading indicator of consumer expenditure. The figure depicts the difference between the percentage of retailers who reported an increase in sales and the percentage of shops who reported a reduction in sales.
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.
Forex Sentiment (GBP)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| GBPUSD |
|
|
1.3077 -571 pips |
1.3600 +48 pips |
1.36483 | |
| GBPJPY |
|
|
190.7731 -516 pips |
195.8424 +9 pips |
195.936 | |
| EURGBP |
|
|
0.8562 -88 pips |
0.8606 +44 pips |
0.86503 | |
| GBPCAD |
|
|
1.8080 -458 pips |
1.8594 -56 pips |
1.85378 | |
| GBPCHF |
|
|
1.0832 +32 pips |
1.0989 -189 pips |
1.08004 | |
| GBPNZD |
|
|
2.1973 -443 pips |
2.1943 +473 pips |
2.24156 | |
| GBPAUD |
|
|
2.0186 -559 pips |
2.0869 -124 pips |
2.07447 | |
| GBPNOK |
|
|
13.6867 -411 pips |
13.8214 -936 pips |
13.72780 | |
| GBPSEK |
|
|
12.9029 -771 pips |
13.1869 -2069 pips |
12.98000 | |
| GBPSGD |
|
|
1.7304 -67 pips |
1.7512 -141 pips |
1.73708 |
News (GBP)
UK House Price Inflation Softens In June
UK house prices logged a slower growth in June reflecting weaker demand after the increase in stamp duty at the start of April, data from the Nationwide Building Society showed on Tuesday. House prices advanced 2.1 percent year-on-year in June, slower than the 3.5 percent increase seen in May. House price growth was expected to moderate to 3.3 percent.
RTTNews | 1 day ago
UK Mortgage Approvals Rise For First Time This Year
UK mortgage approvals increased for the first time so far this year in May, suggesting an improvement in housing market activity, figures from the Bank of England showed Monday. The net mortgage approvals for house purchases that indicate future borrowing rose by more-than-expected 2,400 to 63,000 in May. This was the first increase since December 2024.
RTTNews | 2 days ago
UK GDP Growth Confirmed At 0.7%
The UK economy expanded at a stronger pace in the first quarter as previously estimated on robust services and industrial production, revised data from the Office for National Statistics showed on Monday. Real gross domestic product grew 0.7 percent, unrevised from the first estimate. This followed 0.1 percent expansion in the fourth quarter and marked the fastest growth since the first quarter.
RTTNews | 2 days ago
