UK CBI retail sales balance index June +4 vs +7 prev

UK CBI June retail sales balance index 28 June 2016

  • expectations index +10 vs -5 prev

Needless to say the survey was conducted May 26- June 14 prior to Brexit

Tear this up and look at next month's instead.

Meanwhile GBP indeed finding some dip-demand again as equities remain firmer. GBPJPY leading the way higher again. GBPUSD 1.3346

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