UK November retail sales (including gasoline) data has been released, showing a month-on-month increase of 1.1%, far exceeding the previous month's 0.2% and also surpassing the expected 0.9%. This jump clearly reflects a rebound in consumer confidence, especially against the backdrop of energy price fluctuations. For the cryptocurrency market, positive economic data usually stimulates demand for risk assets, and investors are more inclined to allocate crypto assets as part of a diversified investment portfolio. However, it is important to note that strong retail data does not necessarily mean inflation pressures are easing, as such data fluctuations can also influence central bank policy expectations.
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DancingCandles
· 12-21 18:04
Is a rebound in consumption making you want to pump? Wake up, the Central Bank hasn't made a statement yet, be careful not to get played.
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GateUser-40edb63b
· 12-21 15:57
It's that "buy coins when the data is good" logic again, wake up everyone... Retail data rebound ≠ inflation retreat, the central bank will still change its stance.
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UnluckyLemur
· 12-19 07:38
UK retail data is so strong, it feels like "skyrocketing" isn't enough to describe it... consumer confidence is bouncing back, but the central bank folks are probably going to cause some trouble again.
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GasGuzzler
· 12-19 07:27
The UK retail data is indeed impressive, with a 1.1% increase directly beating expectations. Now the crypto circle has an excuse to rally again... The central bank folks will definitely start thinking about how to tighten again.
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GrayscaleArbitrageur
· 12-19 07:10
UK retail data jumps again, feeling like risk assets are about to be hyped... but don't get too excited, the central bank's policy expectations are the real game-changer.
UK November retail sales (including gasoline) data has been released, showing a month-on-month increase of 1.1%, far exceeding the previous month's 0.2% and also surpassing the expected 0.9%. This jump clearly reflects a rebound in consumer confidence, especially against the backdrop of energy price fluctuations. For the cryptocurrency market, positive economic data usually stimulates demand for risk assets, and investors are more inclined to allocate crypto assets as part of a diversified investment portfolio. However, it is important to note that strong retail data does not necessarily mean inflation pressures are easing, as such data fluctuations can also influence central bank policy expectations.