Last week's trend of cautious, risk averse trading could continue into this week with a couple of public holidays breaking up trading. With no data of note, the UK's main focus will be Wednesday's revised GDP figures for quarter 3. Preliminary figures disappointed to the market's surprise, Wednesday's figures are hoped to show an upward revision as more data for Q3 is available. Europe starts the week with flash PMI reports for its member nations as well as the single currency using bloc as a whole.

Sterling

This week's focus will be on revised figures for Q3 GDP data tomorrow. Preliminary readings saw the UK economy mired in recession. Markets will be keen to see if there are any upward revisions made to the figures as more data for the quarter is available. Later in the week we have the CBI distributive trades survey for the month of November.

US dollar

This week there is the Thanksgiving public holiday on Thursday, which will likely see trade slow for the rest of the week as investors bridge the gap to the weekend and make it a longer holiday. Before the holiday's start, data releases due this week include consumer confidence, housing figures and Q3 GDP revisions.

Euro

The eurozone this week sees a robust calendar of data releases, starting off with Flash PMI and progresses with sentiment figures for businesses and consumers. Sentiment indicators are considered leading economic indicators that try to predict where growth will be in six to nine months time. Industrial new orders for the zone are also up for release while Germany posts detailed GDP for quarter 3.

Japanese Yen

This week starts off slowly as Japanese markets are closed for a public holiday, but a long list of economic data is sure to see yen trade pick up as the week rolls on as inflation, unemployment, trade, household spending, manufacturing PMI and CPI are all to be released this week.