UK Manufacturing Production drops 0.2% MoM in May vs. -0.5% expected

According to the latest UK industrial and manufacturing production data published by Office for National Statistics (ONS) on Wednesday, the industrial sector activity showed a mixed performance last month.

Manufacturing output arrived at -0.2% MoM in May versus -0.5% expected and -0.1% seen in April while total industrial output came in at -0.6% MoM vs. -0.4% expected and -0.2% last.

United Kingdom Total Trade Balance dipped from previous £-1.518B to £-6.578B in May

United Kingdom Total Trade Balance dipped from previous £-1.518B to £-6.578B in May
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Gold Futures: Room for further gains near term

CME Group’s flash data for gold futures markets noted traders resumed the uptrend and added around 23.5K contracts to their open interest positions on
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