After last week’s monumental high court reading much of the UK-centric focus will be on what happens next with regards to Article 50. The government has been given the right to appeal the decision to the Supreme Court, the UK’s highest legal authority.
The case is expected to be heard on 7th December. Market discussion points will centralise on the probability that the ruling will be overturned. In either case, questions will focus on how the landscape will this look moving forward, and what the result means for our relationship in Europe.
The obvious focus on a global basis this week is the US presidential election. A result could be announced as early Wednesday morning and the outcome of this race will have a massive bearing on the financial markets, including sterling markets.
Today is thin on the ground in terms of data releases, but this doesn’t seem to mean much given the importance of recent political developments. The highlight for the UK data-wise with be on Tuesday, with manufacturing production figures due.