Analysts at TD Securities point out that the UK’s retail sales rebounded strongly in January at 1.0% m/m, well above market expectations for a small gain. Key Quotes “Components were mixed, with clothing and non-store retailing showing strong gains, while non-specialised stores and household goods stores fell sharply. Volatility in seasonal factors suggests looking through the individual monthly Nov/Dec/Jan gains, and from that vantage point, average retail sales growth was 0.5% m/m over that period – a healthy rate.” “Today’s data confirms continuation of a theme we’ve seen over the past couple of years: that the consumer continues to be unaffected by Brexit uncertainty, while firms are cutting back on their investments.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK PM May’s spokeswoman: Government wants legally-binding changes to the withdrawal agreement FX Street 3 years Analysts at TD Securities point out that the UK's retail sales rebounded strongly in January at 1.0% m/m, well above market expectations for a small gain. Key Quotes "Components were mixed, with clothing and non-store retailing showing strong gains, while non-specialised stores and household goods stores fell sharply. Volatility in seasonal factors suggests looking through the individual monthly Nov/Dec/Jan gains, and from that vantage point, average retail sales growth was 0.5% m/m over that period - a healthy rate." "Today's data confirms continuation of a theme we've seen over the past couple of years: that the consumer continues to be… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
