UK stocks are set to begin today broadly unchanged ahead of what is due to be a reasonably quiet session.
City sources predict the FTSE 100 will open five points above yesterday's close of 6,542.44.
There will be releases on Eurozone current account data and Italian industrial orders and sales, but these are expected to have a limited impact on markets.
Also on the agenda today is the release of Eurozone consumer confidence figures for March. The sentiment index is expected to be little changed at -12.4 from -12.7 previously.
UK public sector net borrowing figures for February will also be unveiled and comes after UK Chancellor George Osborne said the nation "spends too much and borrows too much" in his latest Budget.
According to Craig Erlam, an Alpari Market Analyst, the figure "may have some impact on the British pound, as it will give us some indication of how much the country will borrow this year and whether the Chancellor will meet his target".
He continued: "Should the UK borrow more than its target, then George Osborne would be forced make up that failure with additional austerity that could hurt growth. The flip side of that though is that if the UK borrows less than initially thought, it could either clear the deficit ahead of schedule, or use the additional capacity to fund growth friendly schemes."
Meanwhile, over in the US, four Federal Reserve officials are due to speak two days after the central bank announced its latest policy decision. James Bullard, Richard Fisher, Narayana Kocherlakota and Jeremy Stein will give separate talks, which investors will be hoping will shed some light on the the Federal Open Market Committee's (FOMC)vote to scale back asset purchase programme by another $10bn a month to $55bn.
At her first press conference since taking over as Chair in February, Janet Yellen indicated that the central bank could raise interest rates in about six months after it ends quantitative easing. Ahead of this week's meeting, analysts had widely expected a rate hike to come towards the end of 2015.
In this morning's UK company news, Balfour Beatty, the international infrastructure group, announced a contract win in Dubai to its Dubai based joint venture, Dutco Balfour Beatty. The £214m deal is for expansion works to the Dubai Mall, the world's largest shopping mall, six years after the venture completed its original construction.
BG Group will slash around 300 jobs in Britain and make further reductions in Australia after announcing its fourth profit warning in less than 18 months, according to The Times today. The oil and gas company is said to be cutting about a quarter of its staff at its head office in Reading, England, after saying that turmoil in Egypt would hurt output this year and in 2015.
Veterinary services group CVS reported decent results for its first half, with earnings per share (EPS) rising by almost a quarter as each division contributed to growth. Adjusted pre-tax profit rose 15.5% to £7.1m in the six months to December 31st on revenues that increased 18% to £68.8m. Statutory pre-tax profit, which includes amortisation and exceptional costs, totalled £3.2m, up 8.1% year-on-year. However, basic EPS jumped by 24.3% to 4.6p.