The pound is still trading around strong levels against the euro following better-than-expected UK data but has weakened slightly against the dollar.

Both retail sales and consumer confidence figures surpassed market expectations. Retail sales rose by 0.8% in October, after being boosted by spending around Halloween and early Christmas shoppers. Despite UK inflation hitting a 10-year high, consumer confidence also rose to -14 in November, up from -17 last month.

Today, markets will be listening out for any news surrounding Brexit negotiations and the Northern Ireland protocol as talks continue in Brussels today.

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