U.K. Retail Sales (YoY) For July 1.4% Vs. 1.4% Est.; -0.3% (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
U.K. Retail Sales for July met expectations with a 1.4% year-over-year increase, matching the estimated 1.4%. The prior month's figure was revised to -0.3%.
August 16, 2024 | 6:38 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The iShares MSCI United Kingdom ETF (EWU) may see a neutral to slightly positive impact as U.K. Retail Sales for July met expectations with a 1.4% YoY increase.
The ETF is likely to be influenced by the overall economic performance of the U.K. Meeting retail sales expectations suggests stability, which could be seen as a positive sign for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80