8:30 AM GMT UK Manufacturing Production

At 8:30 AM GMT, the United Kingdom releases Manufacturing Production numbers for the month of March, month over month. Expected to be -0.2%, a number higher than that should be good for the FTSE and the British pound, while a lower-than-expected announcement should be negative for both.

11:00 AM GMT Bank of England Interest Rate Decision

At 11 AM GMT, the Bank of England releases an interest rate decision, and while expected to be no change, the statement that comes along with it will be parsed by traders around the world to see any signs of hawkishness. If there are bullish signs, this will directly affect the British pound itself.

12:30 AM GMT US PPI

At 12:30 AM GMT, the United States releases Producer Price Index numbers, for the month of April. Expected to be 0.2%, a number higher than that should be good for the US stock markets, while a lower-than-expected number will be a bit of a drag.

Video length: 00:01:01