Source: Sharecast
At 0600 GMT, the Office for National Statistics is scheduled to release consumer price data covering the month of March.
Consensus is that the annual rate of increase in headline CPI ticked lower by a tenth of a percentage point from the month before to reach 2.7%.
Nevertheless, the ongoing heightened trade tensions and still high services prices may keep rate-setters on the sidelines, at least in the near-term.
For his part, City analyst Michael Hewson was of the opinion that: "Markets are struggling to price in the various scenarios that might play out in the next few months, with the near-term risks of higher prices being somewhat offset by concerns that in the long term we could see price deflation.
"We're already seeing lower prices in the energy sector, with sharp declines in oil prices, which should provide some relief in the short term."
Ahead of the CPI report, overnight China's National Bureau of Statistics will release economic activity indicators for the month of March.
A reading on euro area CPI for that same month will be published 0900 GMT, followed by another for monthly US retail sales at 1230 GMT.
At 1345 GMT, rate-setters at Bank of Canada will announce their latest monetary policy decision.
Wednesday 16 April
INTERIMS
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INTERIM DIVIDEND PAYMENT DATE
National Westminster 9%pf
QUARTERLY PAYMENT DATE
CRH (CDI)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Capacity Utilisation (US) (14:15)
Consumer Price Index (EU) (10:00)
Crude Oil Inventories (US) (15:30)
Current Account (EU) (09:00)
Industrial Production (US) (14:15)
MBA Mortgage Applications (US) (12:00)
Retail Sales (US) (13:30)
FINALS
M Winkworth
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Consumer Price Index (07:00)
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