The week begins in the UK with the question: What next for Theresa May and her Brexit deal? As Britain’s prime minister faces calls from Conservative MPs to resign, while her own ministers have debated how to supplant her. An extraordinary cabinet session will take place on Monday before a key parliamentary vote on other Brexit options after ministers admitted Mrs May’s deal that it was improbable ever to win MP’s consent.
Economic data: There is little in the way of Tier One economic data or news. The final evaluation of US third-quarter gross domestic product on Thursday is expected to reveal the economy expanded at 2.4 percent annually. US consumer spending and trade deficit figures are similarly out this week.
Canada is on Wednesday predicted to report GDP for January rose 0.1 percent after a 0.1 percent dip in December.
In the UK, the final version of fourth-quarter National Accounts are released on Friday, with growth figures set to be unchanged at 0.2 percent. Whilst German and Japanese unemployment figures are also out this week.