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After an extremely poor period for the Pound, the UK inflation report first thing tomorrow might or might not be the saviour.
Analysts are already expecting an uptick in the annualised growth rate to 2.7%.
Following a torrid time for Sterling this could be the game changer.
Only if the rate comes in significantly lower might we expect the Pound to react favourably.
A much lower reading would add weight to a February interest rate cut which has been forecast since December.
However a higher rate than expected could result in no cut.
So for the next 24 hours it's all about the Pound and breakfast time tomorrow.
If the inflation rate comes in as expected....it could all just be a storm in a teacup.
Business news covers a story around purchasing properties in Spain.
The Spanish PM, Pedro Sanchez, is suggesting a 100% tax on non EU citizens purchasing Spanish properties.
UK: Wednesday 07:00 Inflation Report
As ever we look forward to keeping you in the loop and look out for our next update.
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