German Trade Balance for April is up first at 6 AM. Both exports and imports rose to a record-high level in March while trade surplus narrowed. Two news
German Trade Balance for April is up first at 6 AM. Both exports and imports rose to a record-high level in March while trade surplus narrowed.
Two news releases regarding the UK economy in April follow at 8:30, and Goods Trade Balance is one of them. Trade deficit widened by 2 billion pounds in March.
Industrial production has been declining for the past 4 months on the back of decreases in energy production and manufacturing.
Another UK news publication comes at noon GMT, and it’s the NIESR Monthly GDP Estimate for May. The previous release covered the three months up to April, and it indicated a continued slowdown of economic growth.
And Canadian Labour Report for May concludes the schedule at 12:30 PM GMT. The unemployment rate did go down in April, but employment grew less than expected; moreover, wage growth was the weakest in two decades.
