UK May industrial production YoY 1.0% (consensus 1.2%); April revised from -0.2% to 0.0%.

Iranian military said on July 16 it released footage and a statement saying it struck U.S. bases in Kuwait, Jordan and Bahrain. It said strikes damaged the early-warning radar and Patriot air-defence system at Kuwait’s Ali Al Salem base; hit communications systems and fuel storage at Jordan’s Al Azraq base; and struck communications, radar, Patriot air-defence batteries and related facilities within the air-defence area of Bahrain’s Shaikh Isa base.

UK May seasonally adjusted goods trade balance -£18.66 bln vs -£23.55 bln expected; April revised from -£26.05 bln to -£24.58 bln.