UK June visible trade balance -£11.38 bn vs -£12.36 bn prior

Latest data released by ONS - 10 August 2018

  • Prior -£12.36 bn; revised to -£12.53 bn
  • Non-EU trade balance -£2.94 bn
  • Prior -£3.49 bn; revised to -£3.63 bn

Low-tier data. Nothing from here that will impact the pound whatsoever. The GDP report is mostly in-line with expectations so there is very much minimal reaction in the pound currently with the market's focus on larger macro themes at play now.

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