UK December CBI retailing reported sales -3 vs 0 expected 0 (0)

Latest data released by CBI – 21 December 2020
„It says something about the challenges the retail sector has faced during 2020 that stable volumes in the run-up to Christmas were seen as a good result for the time of the year. The new year looks set for an unpromising start, with retailers anticipating a sharp

Go to Forexlive

Germany DIW research institute says economy to shrink by even more in Q1 2021 than Q4 2020 0 (0)

DIW expects the German economy to shrink by 1% in Q4 this year
The research institute says that the second hard lockdown in Germany will hit economic output rather harshly during the winter and only if the virus situation stabilises, will the economy return to the recovery path in February.

Go to Forexlive