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The Bank of England is widely expected to leave its benchmark rate unchanged on Thursday but markets await suggestion on the future path. The monetary policy announcement is due at 7.
Flash composite Purchasing Managers' results from the euro area and the UK are the top economic news due on Wednesday. At 3.15 am ET, S&P Global is scheduled to issue France composite Purchasing Managers' survey results.
This as long as increasing tourism, diaspora remittances and FDIs do not take the reins in cushioning the shilling
The euro area unemployment rate dropped to a record low in November despite fears of recession, data from Eurostat revealed on Tuesday. The jobless rate fell marginally to 6.
Flash inflation from the euro area and house prices from the UK are the top economic news due on Friday. At 2.00 am ET, UK Halifax house price data is due. House prices are forecast to rise 0.