Trade balance. UK, 08:00 (GMT+2) 14 Jun

14Jun.202307:00

Trade balance. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), April data on trade balance will be published in The United Kingdom. This indicator reflects the difference between the amount of payments for exported and imported goods. The trade deficit is projected to widen from the current value of –16.36B pounds to –16.50B pounds. The implementation of the forecast may put pressure on the quotes of the national currency of the United Kingdom.

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14 Jun. 2023 07:00

Gross domestic product. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), April data on the UK’s gross domestic product (GDP) will be released – the main indicator reflecting the state of the national economy, taking into account domestic consumption, investment, government spending, and exports. It is expected that the indicator will correct from 0.3% to 0.6% YoY and increase from –0.3% to 0.2% MoM.

14 Jun. 2023 10:00

Industrial production. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the April data on the volume of industrial production of the EU countries will be published. They record the change in the volume of output of industrial goods and public services in the country. The calculation considers the manufacturing and mining industries, as well as the electric power industry. It is expected that the indicator will correct from –1.4% to 0.8% YoY and from –4.1% to 1.0% MoM, which may have a positive impact on the euro.

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