At 4:30 am ET Tuesday, the Office for National Statistics is scheduled to publish U.K. consumer and producer prices figures for June and house price data for May. Consumer prices are forecast to remain flat in June after rising 0.1 percent in May. Output prices are expected to decline 1.4 percent annually in June. The house price index rose 5.5 percent on year in April.
Ahead of these data, the pound showed mixed trading against its major rivals. While the pound rose against the euro and the Swiss franc, it held steady against the U.S. dollar and the yen.
As of 4:25 am ET, the pound was trading at 0.7121 against the euro, 1.4625 against the Swiss franc, 1.5457 against the U.S. dollar and 190.64 against the yen.
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