10 Jul 2015
UK net trade to add to Q2 GDP growth – TDS
FXStreet (Barcelona) - The TD Securities Team previews the UK trade balance data to be released ahead in the day.
Key Quotes
“Consensus looks for the visible trade balance to widen back out to £9.7bn in May, after April was better than expected on the back of a decline in imports. Domestic demand suggests we should see imports rebound in May, but overall, net trade still seems on track to add to GDP growth in Q2.”
Key Quotes
“Consensus looks for the visible trade balance to widen back out to £9.7bn in May, after April was better than expected on the back of a decline in imports. Domestic demand suggests we should see imports rebound in May, but overall, net trade still seems on track to add to GDP growth in Q2.”