Today's data release highlights the performance of key economic indicators from Australia and the United Kingdom. The Australian NAB Business Confidence is expected to dip, reflecting potential concerns among businesses. Meanwhile, the UK's retail sales growth appears to be slowing, suggesting a potential softening of consumer expenditure. The outcomes of these releases could significantly influence currency movements, and investors should be attentive to deviations from expectations.
| Event | Date (NY) | Previous | Actual | Estimate | Impact |
|---|---|---|---|---|---|
| NAB Business Confidence (Jul) | 2025-08-12 01:30:00 | 5 | N/A | 3 | High |
| Event | Date (NY) | Previous | Actual | Estimate | Impact |
|---|---|---|---|---|---|
| BRC Retail Sales Monitor YoY (Jul) | 2025-08-11 23:01:00 | 2.7% | N/A | 2.1% | High |
Overall, the current data releases suggest a challenging environment for both the Australian and British economies. For the AUD, the expected drop in business confidence is a negative signal. Similarly, the anticipated slowdown in UK retail sales growth points to potential constraints on consumer spending. Consequently, these indicators could prove burdening for their respective currencies unless further economic data points to resilience.