The Pound Euro exchange rate is pushing higher extending gains for a second session.
Covid cases continue to soar in the UK. In parts of London as many as 1 in 20 are infected with covid. The UK government is considering tightening lockdown rules to prevent the spread of the virus.
Like for like British Retail Consortium revealed an annual sales increase of 4.8% versus 7.7% in December
The Euro has been under pressure owing to a stronger US Dollar as yields continue to rise.
Spanish industrial production missed forecasts slumping -0.9% month on month in November. Eurozone output will be in focus on Wednesday.