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UK CBI Oct retail sales expectations hit the highest since Dec 2016

The Confederation of British Industry (CBI) published its latest survey of the UK retailers and wholesalers, revealing that the UK retail sales for the month of Oct rose to the highest levels since Dec 2016.

Survey was conducted between Aug 25 and Sept 14 and based on 55 retail firms. 

Key Details:

UK CBI Oct retail sales expectations 23 vs 19 previous, the highest since Dec 2016

Sept retail sales balance 42 vs 5 expected and 10 previous, the highest since Dec 2015

EUR/USD off-monthly lows, re-takes 1.1750 ahead of US data

The bears appear to have loosened their grip slightly, prompting a brief consolidative mode in EUR/USD, as focus shifts towards the US durable goods r
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Moscow is unhappy about US compliance with open skies treaty

Reuters out with a statement released by Russia’s Foreign Ministry on the open skies treaty. Key Points: Moscow is unhappy about US compliance with
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