UK Retail Sales drop 2.3% MoM in April vs. -0.4% expected

Source Fxstreet
  • The UK Retail Sales came in at -2.3% MoM in April, a big miss.
  • Core Retail Sales for the UK dropped 2.0% MoM in April.
  • GBP/USD extends losses below 1.2700 after dismal UK data.

The UK Retail Sales dropped 2.3% over the month in April vs. -0.4% expected and -0.2% in March, the latest data published by the Office for National Statistics (ONS) showed Friday.

developing story ....

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
December Santa Claus Rally: New highs in sight for US and European stocks?Historical data show a rising trend of US and European stocks in December. If the momentum is strong, fund managers may rush in with a buying frenzy.
Author  Mitrade
Dec 17, Wed
Historical data show a rising trend of US and European stocks in December. If the momentum is strong, fund managers may rush in with a buying frenzy.
placeholder
When is the BoJ rate decision and how could it affect USD/JPY?The Bank of Japan (BoJ) will announce its interest rate decision between 03.30 and 05.00 GMT, followed by Governor Kazuo Ueda's press conference at 06.30 GMT.
Author  FXStreet
Dec 19, Fri
The Bank of Japan (BoJ) will announce its interest rate decision between 03.30 and 05.00 GMT, followed by Governor Kazuo Ueda's press conference at 06.30 GMT.
placeholder
Pi Network Price Annual Forecast: PI Heads Into a Volatile 2026 as Utility Questions Collide With Big UnlocksPi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
Author  Mitrade
Dec 19, Fri
Pi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
placeholder
Gold jumps above $4,440 as geopolitical flare, Fed cut bets mountGold (XAU/USD) rallies over 2% on Monday, reaching a record high of $4,442 amid rising geopolitical tensions and expectations that the Federal Reserve (Fed) will continue to reduce interest rates next year, pushing US Treasury yields lower.
Author  FXStreet
Yesterday 01: 57
Gold (XAU/USD) rallies over 2% on Monday, reaching a record high of $4,442 amid rising geopolitical tensions and expectations that the Federal Reserve (Fed) will continue to reduce interest rates next year, pushing US Treasury yields lower.
placeholder
After Wall Street’s 2025 Crypto Surge, What’s Next for Demand in 2026?​The anticipation of a bullish 2026 for the crypto market faces obstacles, despite 2025's success attributed to favorable regulatory actions and increased acceptance of digital assets by Wall Street.
Author  Mitrade
Yesterday 01: 58
​The anticipation of a bullish 2026 for the crypto market faces obstacles, despite 2025's success attributed to favorable regulatory actions and increased acceptance of digital assets by Wall Street.
goTop
quote