At 10:30 (GMT+2), the UK will release preliminary data on manufacturing and services indices for May. The indicators reflect the state of business activity in the national manufacturing and service industries and are calculated based on a survey of purchasing and supply managers of leading national enterprises, while assessing their attitude towards the current economic situation and the prospects for its further development. In the manufacturing sector, the indicator is likely to decline from 53.7 points to 53.0 points, while in the services sector it is expected to fall from 52.7 points to 51.7 points, putting pressure on the pound’s position.
