09 Jun 2015

Britain’s Trade Deficit Narrows in April

The just released trade balance numbers showed that Britain’s goods trade deficit narrowed more than expected in April. Markets now await key prints scheduled for tomorrow, which include industrial and manufacturing production numbers for April. In Europe, the Euro zone’s economic growth is in the spotlight again with the revised estimate of the region’s first quarter GDP scheduled shortly. Across the Atlantic, macro releases, including small business sentiment and the labour department’s job openings report, will shed light on the prospects of a pickup in second quarter economic growth.