
Sterling reacted mainly to news about the possible Scottish referendum yesterday, falling to the lowest level in a few weeks against the euro but still comfortably ahead of the lows it say in early January.
In terms of economic data, yesterday was fairly quiet and today looks pretty much the same.
Looking to the week ahead, though, there are some rather important data releases coming up from tomorrow. There will be a particular focus on these data sets because they will show whether the UK economy is actually weakening. Over the past few weeks we’ve had signs of this, with retail sales posting back-to-back negative figures and the gap between inflation and salary growth narrowing.