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UK Retail Sales Fall Most Since Late 2023; Consumer Confidence Improves

UK Retail Sales Fall Most Since Late 2023; Consumer Confidence Improves

UK retail sales declined more than expected in May as food store sales declined sharply after good weather boosted sales in April, the Office for National Statistics reported Friday. Retail sales fell 2.7 percent on a monthly basis in May, in contrast to the revised 1.3 percent increase in April. Sales were forecast to drop 0.5 percent.
RTTNews | Před 70 dny
Japan Core Inflation Accelerates More Than Forecast

Japan Core Inflation Accelerates More Than Forecast

Japan's core inflation accelerated more than expected in May but headline inflation softened slightly, official data showed Friday. Core inflation that excludes prices of fresh food rose to 3.7 percent from 3.5 percent in April, the Ministry of Internal Affairs and Communications reported. This was the fastest since January 2023.
RTTNews | Před 70 dny
Pound Falls On Weak U.K. Retail Sales Data

Pound Falls On Weak U.K. Retail Sales Data

The British pound weakened against other major currencies in the early European session on Friday, after U.K. retail sales declined more than expected in May on weak food store sales.
RTTNews | Před 70 dny
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U.S. Dollar Falls As European Shares Traded Higher

U.S. Dollar Falls As European Shares Traded Higher

The U.S. dollar weakened against other major currencies in the early European session on Friday, as the European stocks traded higher after U.S. President Donald Trump said he would decide within two weeks whether to authorize a direct U.S. military strike on Iran, citing a "substantial chance of negotiations."
RTTNews | Před 70 dny
European Economic News Preview: UK Retail Sales, Public Sector Finance Due

European Economic News Preview: UK Retail Sales, Public Sector Finance Due

Retail sales and public sector finance from the UK and producer prices from Germany are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics publishes UK retail sales and public sector finance data. Retail sales are forecast to shrink 0.5 percent month-on-month in May, in contrast to the 1.2 percent increase in April.
RTTNews | Před 70 dny
China Holds Loan Prime Rates As Expected

China Holds Loan Prime Rates As Expected

The People's Bank of China left its benchmark interest rate unchanged on Friday after reducing it last month. The central bank maintained its one-year loan prime rate at 3.0 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent.
RTTNews | Před 70 dny
Sensex, Nifty Open Higher In Cautious Trade

Sensex, Nifty Open Higher In Cautious Trade

Indian shares opened on a positive note Friday after U.S. President Donald Trump said he will decide within two weeks whether to authorize a direct U.S. military strike on Iran.
RTTNews | Před 70 dny

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