Tag Archives: Retail Sales

The UK economy received another boost as retail sales rebounded in July, rising by 0.5% month-over-month, after a revised 0.9% decline in June. This positive retails sales data has contributed to a rise in the pound’s value. GBP/USD rose 0.72% last Friday, closed at 1.2940.  (GBP/USD Daily Price Chart)  The recovery in retail sales can […]

Unemployment claims fell to a one-month low, signalling a gradual and orderly slowdown in the labour market. Companies are scaling back hiring, struggling to keep up with the influx of labour driven by increased immigration.  Conversely, retail sales surged by 1.0% last month, marking the largest gain since January 2023, following a downwardly revised 0.2% […]

The FTSE 100 fell 0.6% on Friday, ending two weeks of gains. Weaker commodity prices and a drop in domestic retail sales drove this decline. Mining stocks were particularly affected, with precious metal miners falling by 0.8% and industrial metal miners decreasing by 1.7%. Fresnillo, a notable precious metal miner, saw a 1.4% decline as […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for June 19, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  4-hour Chart Analysis  Pivot Indicator  Conclusion  To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]

In May 2024, US retail sales experienced a slight uptick of 0.1% month-over-month, coming from a revised 0.2% decline in April, and fell short of the anticipated 0.2% growth. Such movement signals a dip in consumer sentiment.   Conversely, manufacturing output saw significant growth, rising 0.9% in the same month and outperforming the expected 0.3% increase. […]

Retail sales in the United States remained flat in April 2024, showing no change from the previous month. This followed a downwardly revised gain of 0.6% in March and defied market expectations of a 0.4% rise, suggesting consumer spending has slightly eased.   Out of the 13 categories tracked, 7 posted declines. Significant drops were seen […]

In March 2024, retail sales in the United States increased by 0.7% from the previous month. The rise followed a revised increase of 0.9% in February, which was significantly higher than the anticipated 0.3%. Such figures indicate that consumer spending is holding strong.  Among the 13 major categories, sales rose in eight. Notable jumps were […]