I am looking a bit around and try to find correlations between different news (economic data, to be precise)- so soon U.K. retail sales are released, days earlier GDP and ind.production was weaker- so i would say that odds are higher that sales data are also weaker-but maybe this is a wrong conclusion
BINGO!
Again right- but only a more experienced trader can tell me if this could be a rule ( the rule is: if GDP is under expectation, Industrial Production under expectation, the odds are high that sales numbers are also weaker), it seems to be a logical conclusion
…i mean the UK sales data which were released just before at 10:30…
Don’t be so reliable on that data anyway for many many reasons out there so you can really put something else here. I am not even talking where and else. So how else we can go on for such matter. I do see it’s not that possible with many many things.
Hmmm… Uk retail sales I’d guess.
Mostly household spending is conducted by shoppers, many of whom have zero awareness of GDP.
But there is a simpler method to get a heads up on UK retails sale BEFORE the ONS release.
Nov 14th was the release date - 0.1% the number?
So maybe check the date here:
https://brc.org.uk/retail-insight-analytics/retail-sales-reports/retail-sales-monitor/reports