Cable trading a little firmer, presently at 1.5625.

Overnight saw the release of UK RICS house price balance up at +32 from +30 in December.

Elsewhere, BRC same store sales fell -0.7% y/y in January, while total annual sales growth came in at 1.2% (the weakest January performance in 15 years) Without reading up on it would guess the crap weather might have had something to do with that.

Today we have UK trade for December at 09:30 GMT, expected visible -6700; non EU -3100; total -2800.