In the US, Ben Bernanke, Federal Reserve Chairman, is due to testify in Washington DC.

The Purchasing Managers’ indices in the UK were generally better than expected in January, and an official recession now seems less likely. However, another round of QE by the contral bank seems inevitable. Despite stronger US growth, the pound has had a spectacular run, rising over 500 pips against the dollar since mid-January.

In the US, John Williams, Federal Reserve Bank of San Francisco President, is about to speak in Vancouver.

The pound continues to show weakness against the greenback, due in large part to the sluggish UK economy and continuing debt crisis affecting the eurozone.

In the US, Dennis Lockhart, Federal Reserve Bank of Atlanta President, is about to speak in Atlanta.

In the US, Daniel Tarullo, Federal Reserve Governor, is about to speak in Washington DC.

The housing sector is relatively stable: this was seen in another positive Construction PMI and another rise in house prices. On the other hand, manufacturing remains sluggish. We will get the last PMI figure and more housing data this week.

In the US, Charles Plosser, Federal Reserve Bank of Philadelphia President, is about to lecture in Philadelphia

Britain enjoyed some nice growth in Q3, but fresh figures from October are not so good: The manufacturing sector is contracting once again, while construction is doing better and the services sector is struggling.

In Europe, French Industrial Production, is a main financial health indicator that value the manufacturers output is about to reduce from 1.5% on September to -0.7% this month.