20 Mar 2015
UK Retails Sales consensus - TDS
FXStreet (Guatemala) - Analysts at TD Securities explained the forthcoming retails sales form the UK next week.
Key Quotes:
"The early data points to a slightly below consensus result for February retail sales, as they continue to normalize after extremely strong Q4 growth. Markets are looking for sales to come in at +0.4% M/M in Feb after the declines in Jan, but we see a smaller +0.1% gain on slightly colder than normal weather, and poor sales reports from some large retailers."
Key Quotes:
"The early data points to a slightly below consensus result for February retail sales, as they continue to normalize after extremely strong Q4 growth. Markets are looking for sales to come in at +0.4% M/M in Feb after the declines in Jan, but we see a smaller +0.1% gain on slightly colder than normal weather, and poor sales reports from some large retailers."