With the pound recovering against the euro but equivocal against the US dollar (indeed, all of its major dollar rivals), market movement is likely tomorrow when the inflation figures for February are released.
The likelihood appears to be that inflation will exceed 6%, with the Retail Price Index exceeding 8%. It is against this background that the Chancellor Rishi Sunak must stand in the House of Commons to deliver his Budget.
Watch out, too, for Markit PMI on Thursday morning, Gfk Consumer Confidence and retail sales data on Friday.
