The markets were calm today, before the US Federal Reserve announcing the interest rate decision. The economic calendar was not full of major economic events during the day, so the markets were looking to see what the Fed will release tonight
UK retail sales rose by 0.3% in July, better than expected of 0.2% rise, while the previous month's reading was revised down to 0.3% from 0.6%. On an annualized basis, retail sales rose less than expected 1.3% compared to the previous reading which revised down from 3% to 2.8%.
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