U.K Retail Sales due out tomorrow at 09:30am – This could swing either way but I feel it could give the Pound a lift
After a reasonably quiet day on the markets tomorrow could bring much of the same, however first thing at 09:30am we do have the release of U.K Retail Sales for the month of December.
For those of us unlucky enough to be stuck in the U.K last December you may remember just how dire it was with all the snow, and the high street took a bit hit over what should have been a booming time for many retailers.
This year, I have seen reports that business was booming, this may lead to a reasonable figure in the morning and a short term spike for the Pound.
Of course many analysts will already be expecting a good figure so anything less than good may do quite the opposite but this is certainly one to keep a keen eye on.
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