Latest data release by the CBI - 26 April 2018

  • Prior -8
  • Total distributive trades 6 vs 5 prior

The readings are an indicator of short-term trends in the retail and wholesale sector of the UK economy.

CBI previously attributed the negative reading last month to the cold weather, so at least there is some improvement but still not really screaming enthusiasm and positivity.

A minor data point. Cable now at 1.3938 a little higher after bouncing off the lows for the day. EUR/GBP trading mid-range at 0.8737.