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 |
|
|
1.2438 -52 pips |
1.2596 -106 pips |
1.24900 | |
| GBPJPY |
|
|
187.8670 -917 pips |
195.7249 +131 pips |
197.032 | |
| EURGBP |
|
|
0.8539 -0 pips |
0.8580 -41 pips |
0.85392 | |
| GBPCAD |
|
|
1.7075 -129 pips |
1.7173 +31 pips |
1.72041 | |
| GBPCHF |
|
|
1.1314 -172 pips |
1.1629 -143 pips |
1.14865 | |
| GBPNZD |
|
|
2.0984 -247 pips |
2.0647 +584 pips |
2.12313 | |
| GBPAUD |
|
|
1.9087 -201 pips |
1.9364 -76 pips |
1.92879 | |
| GBPNOK |
|
|
13.8146 -700 pips |
13.8694 +152 pips |
13.88457 | |
| GBPSEK |
|
|
13.2953 -4603 pips |
13.7428 +128 pips |
13.75560 | |
| GBPSGD |
|
|
1.6899 -150 pips |
1.7208 -159 pips |
1.70495 |
News (GBP)
UK Mortgage Approvals At 18-Month High
UK mortgage approvals increased to a one-and-a-half year high in March as the impact of higher interest rates waned, data published by the Bank of England showed on Tuesday. Net mortgage approvals for house purchases increased to 61,300 in March from 60,500 in February. This was the highest since September 2022 and also above the expected level of 61,000.
RTTNews | 16h 33min ago
UK Consumer Confidence Strengthens In April
British consumer sentiment improved in April on slowing inflation as well as expectations about further tax cuts, a monthly survey conducted by the market research group GfK revealed Friday. The consumer confidence index rose to -19 in April from -21 in March. The score was also better than economists' forecast of -20.
RTTNews | 4 days ago
UK Retail Sales Stable In March
UK retail sales were unchanged on a month-on-month basis in March, defying expectations for a gain, preliminary data from the Office for National Statistics showed Friday. Retail sales including automotive fuel grew 0.1 percent in the previous month. Economists were looking for a 0.3 percent gain for March.
RTTNews | 11 days ago
