The early hours of this morning saw the BRC release a lower than expected annual growth of 6.9%. Meat, potatoes and cooking oil prices grew at a slower rate than expected. This could be a welcome relief for consumers being hit with rampant inflation.
Sterling rates have been largely unaffected since the weekend tracking sideways against most of the major currencies.
Besides US consumer confidence there's only Australian inflation numbers in the early hours of tomorrow that could affect rates. Analysts are expecting annualised growth of 5.2% for the latter.
Business news centres on disruption at airports due to a technical glitch and the expansion of the ULEZ scheme in London.
US: 15:00 Consumer Confidence
AUS: Wednesday 02:30 Inflation Number
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