Gross domestic product. UK, 08:00 (GMT+2) 13 Jul

13Jul.202307:00

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

At 08:00 (GMT+2), May data on the UK’s gross domestic product (GDP) will be released. It is the main indicator reflecting the state of the national economy, considering domestic consumption, investment, government spending, and exports. The figure is expected to correct from 0.2% to –0.4% MoM.

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13 Jul. 2023 04:00

Trade balance. China, 05:00 (GMT+2)

At 05:00 (GMT+2) China will publish its June trade balance data. The indicator captures the difference between the amount of payments for exported and imported goods. The indicator is expected to grow from 65.81B US dollars to 93.90B US dollars, which may support the yuan.

13 Jul. 2023 07:00

Industrial production. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), May data on industrial production will be published in the UK. The indicator captures the change in the volume of output of industrial goods and utilities 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 –1.9% to –2.3% YoY and from –0.3% to –0.4% MoM, which may negatively affect the pound.

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