United Kingdom Public Sector Net Borrowing at £8.035B in Apr; consensus at £7B

May 22, 2013

United Kingdom Apr Retail Sales ex-Fuel (MoM) declines to -1.4% vs -0.7% in Mar. (YoY) 0.5% vs. -0.5%.

GBP/USD careens below 1.5100 level after BoE

The GBP/USD quandary has continued this week, exacerbating declines on the heels of the BoE minutes and a healthy dose of economic data in the United Kingdom during European trading.