There were no data releases from the UK on Friday. Markets are still weighing on recent UK figures. Thursday brought Retail Sales data. The ONS said the amount spent by shoppers was up 1.4% in November compared with the month before, and was also up 1.4% from the same point a year earlier. The value of online sales increased by 4.9% in November from October, and were 12.7% higher compared with last year. "Retailers may see some pay-back after the Black Friday promotions led shoppers to pull-forward spending that would otherwise have taken place in December, but the underlying sales trend looks set to remain strong as we head into 2016," said Chris Williamson, chief economist at Markit.
With no major data releases on Monday we can expect less volatile session. It should be a lack of volatility at the markets as it is beginning of the week but also we are quite near to holiday season, and whole week will not bring any huge market mover data.
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