At 12:00 (GMT+2), the UK will publish April data on the CBI retail sales change index, which is based on a survey of representatives of 20.0K retail outlets and companies, including wholesale and retail trade. It is the main indicator of consumer spending and shows the difference between the percentage of sellers who reported an increase in sales of goods and those who reported a decrease. It may fall from –41.0 points, putting pressure on the pound.
