UK retail sales rose 2.9% in May, ONS says
British retail sales volumes rose 2.9% in May, rising sharply from a revised 1.8% fall in April when heavy rain kept shoppers away, the Office for National Statistics said on Friday.
British retail sales volumes rose 2.9% in May, rising sharply from a revised 1.8% fall in April when heavy rain kept shoppers away, the Office for National Statistics said on Friday.
The dollar rose to a seven-week high against the yen on Thursday, while the sterling and euro fell amid on the U.S. economy is coming off the boil while traders watch for more data bolstering the case for a Federal Reserve rate cut this year.
Crude oil futures were little changed on Friday but were set to rise for a second week amid signs of improving demand and falling oil and fuel inventories in the U.S., the world’s biggest oil consumer.
Bitcoin is finally entering reversal mode, with the price of the first cryptocurrency sliding in above the $65,000 zone. However, it is still moving below key support levels like the 50 EMA and is currently consolidating at the 100 EMA. The most decisive factor for a recovery would be momentum that is not present at this…
The best performers of the session on the S&P/ASX 200 were St Barbara Ltd (ASX:SBM), which rose 7.69% or 0.02 points to trade at 0.21 at the close. Meanwhile, Resolute Mining Ltd (ASX:RSG) added 5.83% or 0.03 points to end at 0.55 and Skycity Entertainment Group Ltd (ASX:SKC) was up 5.47% or 0.07 points to 1.35 in…