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UK Retail Sales jump 1.2% MoM in April vs. 0.2% expected

The United Kingdom (UK) Retail Sales jumped 1.2% month-over-month (MoM) in April after advancing 0.1% in March (revised from 0.4%), the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.2% rise in the reported month.


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US Dollar Index falls toward 99.50 as Trump’s One Big Beautiful Act passes first hurdle

The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, depreciates toward two-week lows.
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