UK retail sales the highlight of the agenda in the session ahead ...Middle East

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UK retail sales the highlight of the agenda in the session ahead
The dollar is keeping steadier so far today as yields nudge back a little higher. The US retail sales data yesterday was a setback for the dollar, as traders reversed the post-CPI moves on the week. That said, there are still some mixed signals in broader markets at the moment.For today itself, US data will continue to be in focus with producer prices and the University of Michigan consumer sentiment data coming up. So, there might be a little bit more fireworks just before we wrap up the week.But before we get to that, European trading will feature yet another important data release from the UK. Today, we will be getting the retail sales report and this is one that tends to end up in disapp

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