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New data Goods Trade Balance (May)

7/11/2024

actual -17.92, previous -19.44

The Goods Trade Balance report for the UK in May shows a deficit of -17.92 billion GBP. This figure represents an improvement from the previous month's deficit of -19.44 billion GBP, indicating a positive change in the trade balance. The actual result is slightly lower than the estimated deficit of -16.1 billion GBP. This event is considered to have a medium impact on the market, as it provides insights into the UK's trade performance and can influence the value of the British pound.

This is not investment advice. Remember to verify the information provided here.

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