UK May CBI retailing reported sales -27 vs -8 prior

• Prior -8

This is a very volatile data set and not a market moving release. That’s the lowest reading since March as UK retail sales
balance pulls back in May. The expectations balance for June is even worse, falling to -37 and that is down from -33 previously, which would be the lowest since February 2024.

This article was written by Giuseppe Dellamotta at www.forexlive.com.