Surprise drop in UK retail sales
Risk trades shelved for now..
A quick look at yesterday’s movements in the markets saw sterling maintain its trade weighted highs following better than expected CPI data- against t
Equities fall as markets stutter
Yesterday’s cautious note led to a pronounced sell off in the equity markets as fresh concerns over the global economy sparked a sell off.
Caution is the buzz word
The CBI (Confederation of British Industry) commented that the recession will be shorter and less severe than previously expected.
