Latest UK retails data now out

  • -0.1% prev rev up from -0.2%
  • yy + 4.2% vs +4.4% exp vs +4.2% prev rev up from +4.0%
  • ex auto,fuel mm +0.4% vs +0.4% exp vs -0.3% rev down from -0.2%
  • yy +4.3% as exp vs +4.1% prev

Softer headline but better revisions and core helping to temper GBP falls

Cable had a quick look at the 1.5635 area highlighted in my preview but now 1.5652

EURGBP 0.7105 from 0.7118 just ahead of the 0.7120 first res/offers also highlighted here