
UK retail sales and consumer confidence fall as inflation mounts
- London-listed #Petropavlovsk will miss a loan payment due on Friday after Britain froze the assets of its main lender #Gazprombank in its latest set of sanctions following Russia's invasion of Ukraine
- Britons cut back on their shopping in February and consumer confidence levels tumbled this month as accelerating inflation cast a shadow over the world's fifth-biggest economy, released data showed
- The #euro edged higher, but concerns about a potential slowdown of the economy kept it in a tight range, while the #dollar weakened as investors priced in expected monetary tightening by the Federal Reserve
- #WTIUSD gained 0.4%
- #USDJPY corrected downwards by 0.2%
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.