Britain's economic growth for the second quarter is expected rise at the same pace as the previous period, according to forecasts ahead of figures released on Thursday.
Gross domestic product is tipped to rise 0.7%, in line with the last quarter of growth.
Earlier this month Chancellor George Osborne said the UK economy was "turning a corner" but warned that unemployment and the deficit were "still too high".
"The plan is working, but the recovery is still in its early stages, plenty of risks remain, and more years of hard decisions lie ahead," he said.
"Our economy is turning a corner, but we must not take anything for granted."
The progress of the US economy is also being closely watched amid debt ceiling talks and the potential of a Federal Reserve stimulus cut next month.
Hence investors will be eyeing the release of US GDP figures which are forecast to rise to an annualised 2.6% in the second quarter from 2.5% in the prior three months.
Another report will show initial jobless claims increased to 325,000 in the week ended September 20th, from 309,000 a week earlier, economists predict.
US pending home sales rose 6.3% year-on-year in August compared to 8.6% in July, consensus revealed ahead of the report's unveiling.
Federal Reserve policymakers are turning to such economic indicators as they weigh up when to begin scaling back its $85bn per month in bond purchases.
The Fed last week shocked investors by keeping its quantitative easing unchanged as it wants to see more signs of recovery.
Debt ceiling talks are also taking precedence as the government must reach an agreement on the budget or face a shutdown.
US Treasury Secretary Jacob Lew said on Tuesday that President Barack Obama will not negotiate with congressional Republicans on increasing the $16.7trn ceiling on the nation's borrowing authority.
Thursday September 26th
China Food Co, Faroe Petroleum, Inditherm, Judges Scientific, Moss Bros Group, Scisys, Wandisco
INTERIM DIVIDEND PAYMENT DATE
BlackRock World Mining Trust, Direct Line Insurance Group, Low & Bonar, Polymetal International, Prudential, Reckitt Benckiser Group, Schroders, Schroders (Non-Voting), Wood Group (John)
QUARTERLY PAYMENT DATE
Royal Dutch Shell 'A', Royal Dutch Shell 'B'
QUARTERLY EX-DIVIDEND DATE
Dow Chemical Co, Molex Inc., Molex Inc. 'A' Shares
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Bloomberg Consumer Confidence (US) (14:45)
Continuing Claims (US) (13:30)
GDP (Final) (US) (13:30)
Initial Jobless Claims (US) (13:30)
M3 Money Supply (EU) (09:00)
Pending Homes Sales (US) (15:00)
MDM Engineering Group Ltd. (DI)
International Consolidated Airlines Group SA (CDI)
Alpha Strategic, Aortech International, Braveheart Investment Group, Dods (Group) , First Property Group, Foresight 4 VCT, Fulcrum Utility Services Ltd. (DI), GEONG International Ltd., Infrastructure India, Madagascar Oil Ltd (DI), MDM Engineering Group Ltd. (DI), Micro Focus International, Minco, NWF Group, Penna Consulting, Rockhopper Exploration, Shellproof, Zoo Digital Group
Mitchells & Butlers, Northbridge Industrial Services, Thomas Cook Group
UK ECONOMIC ANNOUNCEMENTS
Balance of Payments (09:30)
Current Account (09:30)
GDP (quarterly national accounts) (09:30)
FINAL DIVIDEND PAYMENT DATE