By James Lovick

Mervyn King surprised us all yesterday when we discovered he was looking to print an additional £75 billion whilst the majority opted for just £50 billion. The pound dropped against every major currency. Sterling euro was particularly badly hit. For anyone needing to convert sterling into Swiss francs this also dropped and the exchange rates available were knocked.

 

At 09:30 UK retail sales are released and there is a host of US releases which could make for a lively day across the board.