Trade Balance. UK, 08:00 (GMT+2) 11 Oct

11Oct.202407:00

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

At 08:00 (GMT+2), the data on the UK Trade Balance for August will be published. This indicator captures the difference between the number of payments for exported and imported goods. The negative dynamics is forecast to slow down from -20.00 billion pounds to -19.20 billion pounds. The implementation of the forecast can put pressure on the UK currency.

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11 Oct. 2024 07:00

Manufacturing Production. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), the Office for National Statistics (ONS) will publish its August Manufacturing output data, one of the main indicators reflecting the state of the sector. On a monthly basis, the value is expected to correct from –1.0% to 0.3%. The implementation of the forecast may act as a driver of growth in the national currency quotes.

11 Oct. 2024 13:30

Producer Price Index. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the September data on the producer price index will be published in the US. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. The monthly figure is expected to decline from 0.2% to 0.1% and the annual figure — to rise from 1.7% to 1.8%, while the Core annual figure is expected to adjust from 2.4% to 2.5% and the monthly figure from 0.3% to 0.2%.

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