News Headline Summary

UK BRC Sales Like-For-Like (Dec) Y/Y 0.3% vs. Exp. 0.5% (Prev. 0.4%)

BRC says:

- UK Christmas retail sales underwhelming.
- The survey shows broad improvement in business morale in Q4 2012
- The survey suggests UK economy avoided contraction in Q4 2012, set for modest recovery in 2012.

Reaction details (00:02)

- No immediate reaction observed in GBP/USD, trades 1.6118 (+2 pips) last.

08 Jan 2013 - 00:01 - - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: