23.02.2015 - Statistics on retail sales in the UK disappointed investors

Balance of retail sales in the UK unexpectedly fell in February to 1 compared with 39 in January and forecast growth to 42. This figure was the lowest since the end of 2013. The fall was recorded in grocery stores, specialized stores and clothing stores, but grew up in stores that sell chemicals and cultural values. Despite the current decline, analysts expect its growth in the coming months and forecasts growth of consumption in the country. We maintain our medium-term negative outlook, but we expect the price growth of the British pound in the near future.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.