Tag Archives: sterling

16 Jan: Markets steady on Friday. ECB, Brexit, US CPI, China GDP, Davos & Trump inauguration in focus this week.

   The dollar remained relatively steady on Friday following the release of the US Retail Sales, which came in at 0.6% in December, a solid reading but missing expectation of 0.7%. Ex-auto sales rose 0.2%, also missed expectation of 0.5%. Headline PPI rose 0.3% mm, 1.6% yy in December, up from November’s 1.3% yy meeting expectation. Earlier in… Read More »