Retail Sales. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), British Retail Sales data for September will be published. The index is a monthly measurement of all goods sold by retailers in Great Britain based on a sample of retail stores of various types and sizes. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). It is expected that the indicator will decrease by 0.3% MoM after the August growth of 1.0%, but it will accelerate growth from 2.5% to 2.7% YoY. If the forecast proves to be true, this may render support to the British currency.

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