Distributive Trades Realized
Forex Trading News: CBI Distributive Trades Realized Released Much Lower Than Expected
Posted by Mr. Danish FX on Tue, 04/29/2008 - 5:04am in
As the GBP continues to slide significantly following King's statements vs. its counters, the CBI is released.
The CBI comes out very low at -26 from the previous 1. This number was forecast at -3.
The GBP falls to session lows after this data.
Forex Trading News: CBI Distributive Trades Realized Preview
Posted by Mr. Danish FX on Tue, 04/29/2008 - 1:23am in
At 6:00 AM, the Confederation of British Industry Distributive Trades Realized number comes out. This number gauges the status of the retail sector of the UK by asking executives if their companies have had increases or decreases in business activity from a year ago. A positive figure indicates an increase which will typically have a positive effect on that currency.
The last number was 1 and -3 is forecast for this release.
Economic Calendar
