At 4.30 am ET Tuesday, the Office for National Statistics is set to issue UK labor market statistics. The ILO jobless rate is forecast to remain unchanged at 4.1 percent in three months to October.

Ahead of the data, the pound rose against its major counterparts.

The pound was worth 142.66 against the yen, 1.2449 against the franc, 1.2617 against the greenback and 0.9018 against the euro as of 4:25 am ET.

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