UK April CBI retailing reported sales -8 vs -41 prior

• Prior -41

That’s the highest reading since October last year as UK retail sales balance bounces back in April. Is it better weather conditions that is helping, similar to what we saw in March here? The expectations balance for May isn’t as bright though, falling to -33 and that is down from -30 previously.

This article was written by Justin Low at www.forexlive.com.