A busy night ahead for markets with plenty of announcements set for release around the world.

There is quite a bit of information coming out of the UK later tonight and tomorrow morning. This data includes: Manufacturing Production, Goods Trade Balance, Construction Output, Industrial Production and NIESR GDP Estimate. Both production figures & Construction Output data are quite important as they reflect the relative strength of both sectors within the economy. This importance is also magnified in a Brexit world. These figures need to remain healthy in order to maintain confidence within the economy. The trade balance data reflects the trade conditions within the UK. With a devaluing of the currency, exports have suddenly become more attractive to overseas buyers as things are cheaper. Conversely, imports have become more expensive for the UK.

The US is also publishing a few pieces of data. This includes: Prelim UoM (University of Michigan) Consumer Sentiment & Inflation Expectations and Federal Budget Balance. The Consumer Sentiment and Inflation expectations can help gauge consumer confidence within the economy. Consumer Sentiment is easy to link with confidence. Inflation numbers can reflect consumer confidence as the more confident and secure consumers are, the more they generally spend, therefore pushing up inflation. Fed Reserve Member Stanley Fischer is also due to speak in the early hours of tomorrow morning.

Elsewhere around the world, Europe is releasing French & Italian Industrial Production and French Non-Farm Payrolls, while finally, Canada is releasing Unemployment Rate and Employment Change data.