With little news scheduled for the UK today eyes will turn to the rest of the world. And it's a truly global 24 hours coming up.
We can start with European retails sales numbers with a predicted annual contraction of -1.2%. GBP/EUR the first pairing to be watched.
Then it's the US's turn with the Institute of Supply Managements services data, so GBP/USD next out of the traps.
At the same time the Bank of Canada releases it's interest rate decision where analysts think the rate will remain at 5%, so GBP/CAD will be under scrutiny.
Let's then turn to Australian imports, exports and trade balance. GBP/AUD for the short form.
If this isn't exhausting enough it's the turn of Chinese imports, exports and trade balance, so GBP/CNH.
And let's round everything off with the Halifax releasing its house price figures in the UK at breakfast tomorrow.
Expect a protracted economic calendar below.
EUR: 10:00 Retail Sales
US: 15:00 ISM Services PMI
CAN: 15:00 BoC Interest Rate Decision
AUS: Thursday 02:30 Imports, Exports and Trade Balance
CHN: Thursday 04:00 Imports, Exports and Trade Balance
UK: Thursday 07:00 Halifax House Prices
As ever we look forward to keeping you in the loop and look out for our next update.
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