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UK Retail Sales decline 2.7% MoM in May vs. -0.5% expected

The United Kingdom (UK) Retail Sales declined 2.7% month-over-month (MoM) in May after climbing 1.3% in April (revised from 1.2%), the latest data published by the Office for National Statistics (ONS) showed Friday.

Markets expected a 0.5% drop in the reported month.

United Kingdom Retail Sales ex-Fuel (MoM) came in at -2.8%, below expectations (-0.5%) in May

United Kingdom Retail Sales ex-Fuel (MoM) came in at -2.8%, below expectations (-0.5%) in May
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Crude oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $72.92 per barrel, down from Thursday’s close at $75.06.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $75.06 after its previous daily close at $77.32.
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