Surprise U.K. Retail Sales Rise on Fuel Discounts

U.K. retail sales unexpectedly rose in July as promotions helped to boost gasoline sales and food sales increased.

BofAML's Piron Sees More Downside for the Pound
32:55 - Claudio Piron, co-head of Asia fixed income and FX strategy at Bank of America Merrill Lynch, discusses his outlook for the pound, volatility in the currency and U.K. exports. He speaks to Bloomberg's Yvonne Man and Betty Liu on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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