07:00 AM BST, United Kingdom - GDP data for May:
-
GDP: actual -0.1% MoM; forecast 0.1% MoM; previous -0.3% MoM;
-
GDP: actual 0.7% YoY; forecast 0.7% YoY; previous 1.1% YoY;
07:00 AM BST, United Kingdom - Industrial Production for May:
-
Industrial Production: actual -0.9% MoM; forecast -0.1% MoM; previous -0.6% MoM;
-
Industrial Production: actual -0.3% YoY; forecast 0.1% YoY; previous 0.3% YoY;
Weaker data is causing a pullback in the British pound. May's GDP decline is mainly due to the industrial sector. The GBPUSD pair continues to fall and is testing local lows from a few sessions ago. At the same time, this area marks the lower boundary of the descending trend channel. A break below this support could trigger a move toward the next support level at 1.34.
Source: xStation5
Daily Summary: Stocks and gold on their knees as US will continue strikes on Iran (10.06.2026)
Crude Oil Output Drops to a Two-Decades Low 🛢️ 📉 Market freezes after EIA report 📌
US Open: May Inflation Limits Declines
The conflict in Iran does not have to end
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
