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NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Economic CalendarRetail Data

UK Retail Sales jump 0.7% MoM in March vs. 0.2% expected

Retail Sales, a key measure of consumer spending, in the United Kingdom (UK) rebounded 0.7% month-over-month (MoM) in March after declining by a revised 0.6% in February, the latest data published by the Office for National Statistics (ONS) showed on Friday.

The market forecast was for a 0.2% growth in the reported month.

The core Retail Sales, stripping the auto motor fuel sales, increased by 0.2% MoM in March, compared with the previous drop of 0.6% (revised from -0.4%) and the estimated 0.2% figure. 

The core Retail Sales, stripping the auto motor fuel sales, increased by 0.2% MoM in March, compared with the previous drop of 0.6% (revised from -0.4%) and the estimated 0.2% figure. 

The annual Retail Sales in the UK advanced 1.7% in March versus 1.8% prior (revised from 2.5%) and 1.2% expectations.

The annual core Retail Sales rose 1.7% in the same month, against February’s 2.7% (revised from 3.4%). The reading came in below the consensus of 2%.

Market reaction to the UK Retail Sales report

The Pound Sterling moves little in an initial reaction to the mixed UK Retail Sales data. The GBP/USD pair is trading 0.04% lower on the day at 1.3467, as of writing.

Pound Sterling Price Today

The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the weakest against the Japanese Yen.

USDEURGBPJPYCADAUDNZDCHF
USD0.02%-0.01%0.02%0.04%-0.01%-0.02%0.06%
EUR-0.02%-0.03%0.00%0.03%-0.03%-0.02%0.06%
GBP0.00%0.03%0.00%0.06%0.00%0.02%0.06%
JPY-0.02%0.00%0.00%0.02%-0.03%-0.04%0.02%
CAD-0.04%-0.03%-0.06%-0.02%-0.06%-0.06%0.02%
AUD0.01%0.03%0.00%0.03%0.06%0.00%0.06%
NZD0.02%0.02%-0.02%0.04%0.06%0.00%0.07%
CHF-0.06%-0.06%-0.06%-0.02%-0.02%-0.06%-0.07%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).

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