The Traderszone Network

Published in TZ Latest News 29 July, 2015 by The TZ Newswire Staff

UK CBI reported sales index July 21 vs 29 exp

Latest distributive trades reading just out but not a price mover
– 29 prev
GBPUSD 1.5635 EURGBP 0.7076
The Confederation of British Industry (CBI) Distributive Trades Survey
(DTS) measures
the health of the retail sector. The reading is compiled from a survey
of about 150 retail and wholesale companies. It includes measures of
sales activity across the distributive trades. It is a leading indicator
of consumer spending. The figure is the difference between the
percentage of retailers reporting an increase in sales and those
reporting a decrease.