The pound is stronger against the dollar and the euro this morning as there is talk that a Brexit trade deal may happen soon. There have been reports that progress has been made on the level playing field provisions, with both sides making concessions. However, fishing rights remains a prominent issue.

Inflation rate figures for the UK came in this morning, showing that consumer prices in the UK edged up 0.3 percent year-on-year in November, below 0.7% in October and market forecasts of 0.6%.

Later today, PMI data for the UK will be released, which measures how the services and manufacturing sectors have performed in December so far.

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