Preview: UK CBI manufacturing survey to confirm modest June improvement

The Confederation of British Industry's (CBI) latest industrial trends survey is likely to confirm an improvement in the manufacturing sector.

The headline order books balance is expected to improve to -50 in June from -56 in May.

This result would be the strongest since January, although it would still mean most manufacturers reporting falling order books.

Other surveys have shown steady improvement in recent months with the PMI manufacturing poll showing output contracting only very modestly in May.

Need to Know News' Scream Audio will broadcast the figure live at 11.00am BST on Thursday, June 18.

Citi's Tim Evans on API Petroleum Statistics
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Preview: DOE Inventories (w/e March 12th)
Crude inventories are expected to rise 1.3mln following a 1.432mln increase prior Unleaded inventories are expected to drop 1.0mln following a 2.959mln draw prior Distillate inventories are expected to drop 1.5mln following a 2.217mln drop prior Refinery Utilization is expected to rise 0.2% to 80.9%...continued
Preview: February PPI
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BOE's Bean...best way to balance competing needs is by "retaining clarity of present remit"
BOE's Bean...best way to balance competing needs is by "retaining clarity of present remit"...continued
BOE's Bean....'no regulatory regime is perfect'...
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