At 5.30 am ET Thursday, IHS Markit publishes UK construction PMI for October. Economists forecast the indicator to rise to 48.5 from 48.1 in September.

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

The pound was worth 1.3237 against the greenback, 150.94 against the yen, 1.3238 against the franc and 0.8789 against the euro as of 5:25 am ET.

Grafico Cross Sterling vs Yen (FX:GBPJPY)

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Grafico Cross Sterling vs Yen (FX:GBPJPY)

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