Moving markets today: What’s shaping the FTSE 100 this morning February 16, 2024 The S&P 500 hit a record high despite big tech losses, while the Nikkei reached new heights and oil remained stable. Investors awaited the release of UK retail sales and US PPI data.
Retail sales growth slowed in August amid recovery warnings September 7, 2021 Retail sales growth has started to slow as shoppers’ pent-up enthusiasm has softened this summer. Total sales increased by 3 per cent in August, below the three month average growth of 6.9 per cent. Clothing retailers reported strong performances as Brits looked to stock up their post-lockdown wardrobes with outfits for weddings and returning to [...]
Sterling fares well following PMI surprise despite retail sales fall October 22, 2021 This morning’s UK retail sales figures showed a monthly decline of 0.2 per cent in September, while the market had been anticipating a rise of 0.6 per cent. Meanwhile, sales were down 1.3 per cent compared to September last year, yet the consensus forecast was for a decline of 0.4 per cent. It was the [...]
High Street takes a Christmas beating as retail sales volumes dropped by nearly 4 per cent in December January 21, 2022 UK retail sales fell in December by 3.7% as the Omicron variant spread and shoppers made Christmas purchases earlier in November due to concerns over supply chain shortages, according to official figures. The Office for National Statistics (ONS) said retail sales volumes fell by 3.7% for the month, compared with a 1% rise in November. [...]
Retail sales soar at fastest pace in nearly seven years August 24, 2021 Retail sales in the UK surged at their fastest pace in nearly seven years this month highlighting that the wave of consumer spending unleashed since the initial Covid unlocking still has legs, according to fresh figures released today. New data from the Confederation of British Industry shows retail sales swung to their highest growth rate [...]
Wettest February on record leads to poor month for retail March 5, 2024 New figures from the British Retail Consortium (BRC) showed that retail sales increased 1.1 per cent in the year to February, down from 5.2 per cent last year and below the three-month average of 1.4 per cent.
FTSE 100 lifts 0.13 per cent on better than expected November retail sales December 17, 2021 The FTSE 100 is up 0.21 per cent this morning after retail sales made a stronger than expected recovery in November.
UK retail sales post strongest quarter on record July 13, 2021 UK retail sales posted their best quarter on record as the lifting of Covid restrictions and Euro 2020 triggered a burst in consumer spending, according to new figures released today. Figures from the British Retail Consortium and KPMG show retail sales surged 10.4 per cent in the second quarter of this year compared to the [...]
Weaker than expected retail sales drags Wall Street down August 17, 2021 US stocks edged down during the open today after official figures showed US retail sales were much weaker than expected in July. The blue-chip S&P 500 dropped 0.55 per cent to 4,455.46 points and the Dow Jones lost 0.83 per cent to fall to 35,328.87 points. The tech-heavy Nasdaq extended the traditional benchmark’s losses to [...]
Moving markets: Five things shaping the FTSE 100 today February 15, 2024 Asian markets rose in line with Wall Street's momentum. Uber, Lyft, and Nvidia drove the S&P 500, while Bitcoin surpassed $52,079. Japan entered a recession, drawing attention to the UK Q4 GDP and U.S. retail sales.