At 12:00 (GMT+2), the UK will release data on the industrial orders index from the Confederation of British Industry (CBI), which records the monthly change in the volume of industrial orders in the national economy, expressed in an index calculated on the basis of a survey of representatives of 550 UK companies. An increase in the indicator indicates an improvement in economic conditions, while a decrease indicates a deterioration. The index is expected to fall from –27.0 points to –30.0 points, which could put pressure on the pound.
