Upside pressure is growing: 🇬🇧 UK July Retail Sales Data Announced (21/08 09:00).
â–Ș Retail Sales (Monthly): -0.5% (Expected: -0.4%) â–Ș Retail Sales (YoY): +1.6% (Expected: +2.2%) Core Retail Sales (Monthly): -0.9% (Expected: -0.5%)
â–Ș Core Retail Sales (YoY): +2.3% (Expected: +3.3%) Evaluation: UK retail sales data being below expectations may increase concerns about an economic slowdown. This situation has the potential to cause volatility that could weaken liquidity flow in crypto markets by suppressing global risk appetite.
#CryptoMarket #DeFi #Binance