Macroeconomic headlines next week are set to revolve around gross domestic product in the UK and inflation in the US.
Thursday brings both producer price and consumer price index readings for September from the US, as markets continue to weigh the depth of further base rate cuts by the Federal Reserve.
Anticipations are for consumer price rises to have eased to 2.3% throughout the month, after falling to 2.5% and the slowest rate since early 2021 in August.
The core rate, excluding volatile energy and food prices, is expected to have scaled back from 3.2% to 3.1% in the meantime, with a reading in line with forecasts set to support the narrative for a further cut to base interest in November.
According to IG Group analysts, markets are pricing in an average 34 basis point cut at the Federal Reserve's next meeting, following September’s 50 basis point cut, stretching to 70 points by the year-end.
In the UK, attention will be on Friday’s gross domestic product reading for August.
Following economic growth of 0.7% in June and 1.2% in July, figures from Trading Economics show expectations are for a 1.1% uptick in August.
A reading below this would mean Britain’s economy grew slower than expected for a second month running, but was still heading in the right direction after last year’s shallow recession.
House price figures for the UK are also due from the Royal Institute of Chartered Surveyors and Halifax next week, alongside retail sales data on Tuesday.