UK Retail Sales ex Fuel MoM (Jan) M/M 2.0% vs. Exp. 0.2% (Prev. 0.3%, Low. -0.1%, High. 0.9%)
Newsquawk Staff ·
UK Retail Sales ex Fuel MoM (Jan) M/M 2.0% vs. Exp. 0.2% (Prev. 0.3%, Low. -0.1%, High. 0.9%)
What it means
UK retail sales data for January printed significantly higher than expectations, indicating a robust consumer spending environment. This could suggest resilience in the UK economy, potentially influencing expectations around monetary policy as stronger retail activity may support arguments for tighter rates.
- Constellation Energy (CEG) has been offered USD 5bln in financing by the US government for nuclear reactors
- US President Trump on Truth says "Consumer Confidence is up 7.5%, an extremely big rise"
- Russian Foreign Minister Lavrov says the Ukraine conflict is likely to continue and will likely escalate. Leaders of Finland and Norway raised no new proposals.
- US President Trump posts "Congratulations to Lorne Doerkson on his Big Victory. Conservatives are moving strong in Canada!"
- Russian Deputy PM Novak says domestic refineries are bringing units back online very quickly following maintenance. Russia and the US could begin cooperating on Arctic LNG projects
Related headlines
- US EQUITY OPEN: Indices in the green as Tech sector outperforms as earnings continue2 hours ago
- Russian President Putin says Russia should avoid going too far with the green agenda and must consider ending the ongoing conflict and lifting sanctions3 hours ago
- US Midterms (7 days out): Democrats’ early-vote lead narrows in 8 states; Texas and Nebraska flip to Republicans, South Carolina now tied4 hours ago
- Senior Ukrainian official says the ceasefire in Oleshky will last until November 1st4 hours ago
- Coca-Cola Company (KO) Q3 2026 (USD): Adj. EPS 0.91 (exp. 0.88), Revenue 13.4bln (exp. 12.92bln)4 hours ago
- Russian Foreign Ministry says Japan must abandon its unfriendly policies towards Russia to restore dialogue, RIA reports5 hours ago
- United Parcel Service Inc. (UPS) Q3 (USD): EPS 1.69 (exp. 1.62), Revenue 22.9bln (exp. 22.27bln); Raises FY26 outlook: Current FY Rev. 92.6bln (exp. 91.78bln), Current FY EPS 7.28 (exp. 7.19),5 hours ago
- [MARKET ANALYSIS] Crude benchmarks off highs after the Ras Tanura-related upside; Saudi alerts continue, OPEC+ seen holding December output6 hours ago
- [MARKET ANALYSIS] Fixed income faltered briefly as energy ticked higher, but has since found a firmer footing6 hours ago
- [MARKET ANALYSIS] DXY holds above 102.00; Antipodeans modestly outperform, and USD/JPY eyes a hefty 157.85 expiry6 hours ago
- Newsquawk Daily Bond Auction Preview - 27th October 20266 hours ago
- Russian President Putin is looking to meet with the leaders of Finland and Norway, reports suggest6 hours ago
- Notable FX Option Expiries for todays NY cut: 27th October 20267 hours ago
- EUROPEAN OPEN: HSBA LN Q3 pretax profit misses, announces USD 1bln buyback; AMAT raises BESI NA stake; NOVN SW raises FY26 core earnings outlook; ORA FP raises FY26 EBITDAaL outlook; UMG NA held prelim take-private talks; RKT LN cuts FY26 core LFL growth 7 hours ago
- Iran, Russia and Azerbaijan are discussing a trilateral energy agreement to finalise a gas swap arrangement, with Iran's Acting Oil Minister expecting an imminent deal alongside new Russian investments in Iranian hydrocarbon fields, Press TV reports8 hours ago