At 12:00 (GMT+2), the June data on the industrial orders index from the Confederation of British Industrialists (CBI) will be published in the UK. The indicator is calculated based on a survey of representatives of leading British enterprises and is an important indicator of the state of business in the country. During the reporting period, the indicator is expected to show a less pronounced contraction, improving from −41.0 points to −33.0 points, although it will continue to exert pressure on the pound.
