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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

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SP500 PE Ratio vs. CPI Inflation

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UK retail sales rose sharply in April, boosted by an easing of lockdown conditions and the reopening of stores designated as non-essential, the BRC said Tuesday. On a year-against-2-year-ago reading, the BRC's preferred comparison given the turbulence of 2020, total sales rose 7.3% on April 2019.

Like-for-like sales, which include a much larger input from online retailers, sales surges 46.3% y/2y, the BRC noted.

Although the sales data was strong, there was a long way back yet for retailers, with Helen Dickenson, CEO at the BRC, saying that although the "boost in sales is positive as the industry continues to invest in safety and the online offer, high streets still have a long way to go on the path to recovery."