Major economic factors to affect the trading of the pair GBP/USD for the week ending June 15th, 2012 are as follows:

On Monday, United Kingdom came up with data on employment confidence. In United States, US Federal Reserve’s officials, Lockhart and Williams gave an address on US economy in Chicago and San Francisco respectively.

On Tuesday, United States came up with data on import price index, NFIB small business optimism and economic optimism. US monthly budget statement was also presented while the US Fed’s official Tarullo spoke on shadow banking in San Francisco. In United Kingdom, data on industrial production and manufacturing production was produced along with gross domestic product growth rate.

On Wednesday, In United States, several reports will be published including data on MBA mortgage applications, advance retail sales, producer price index and business inventories. The Energy Information Administration is also expected to report its inventories report on crude oil, gasoline and distillates.

On Thursday, In the United States, data on initial jobless claims, current account balance, continuing claims, consumer price index and natural gas supplies data by EIA will be published. On Friday, United States will come up with data on long term TIC flows, manufacturing data, capacity utilization, industrial production and confidence index by University of Michigan while in United Kingdom, data on trade balance will be published.