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S&P 500 — US Large Cap Index
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 unexpectedly rise 1% MoM in February vs. -0.3% expected

  • The UK Retail Sales jumped 1% MoM in February, a positive surprise.
  • Monthly core Retail Sales for the UK rose 1% in February.
  • GBP/USD keeps range near 1.2950 after strong UK consumer data.

The United Kingdom (UK) Retail Sales jumped 1% month-over-month (MoM) in February after jumping 1.7% in January, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.3% drop in the reported month.

The core Retail Sales, stripping the auto motor fuel sales, rose by 1% MoM, against the previous revised growth of 1.6% and the estimated -0.5% figure.

The annual Retail Sales in the UK climbed 2.2% in February versus January’s 0.6% revision, while the core Retail Sales also advanced 2.2% in the same month versus 0.8% previous. Both readings exceeded market expectations.

Market reaction to UK Retail Sales report

GBP/USD is shrugging off upbeat UK data, trading flat on the day near 1.2950 as of writing.

British Pound PRICE Today

The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the New Zealand Dollar.

USDEURGBPJPYCADAUDNZDCHF
USD0.13%0.02%-0.27%0.15%0.29%0.46%0.07%
EUR-0.13%-0.13%-0.44%-0.00%0.14%0.31%-0.08%
GBP-0.02%0.13%-0.29%0.13%0.27%0.44%0.05%
JPY0.27%0.44%0.29%0.42%0.56%0.74%0.35%
CAD-0.15%0.00%-0.13%-0.42%0.14%0.29%-0.07%
AUD-0.29%-0.14%-0.27%-0.56%-0.14%0.17%-0.22%
NZD-0.46%-0.31%-0.44%-0.74%-0.29%-0.17%-0.39%
CHF-0.07%0.08%-0.05%-0.35%0.07%0.22%0.39%

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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