In what is a relatively quiet start to the week, there is still some information set for release as well as events from around the world to keep an eye on.

As far as announcements go, most of the activity comes out of the US and Europe. Later today, Europe is publishing data, including: German Factory Orders, Retail PMI and Sentix Investor Confidence. During the early hours of tomorrow morning, the US is also releasing a few pieces of data. This includes: Mortgage Delinquencies, Labour Market Conditions Index and Loan Officer Survey.

Elsewhere around the world, China is reporting its Caixin Services PMI figures.

As far as events are concerned, the main story continues to be Donald Trump and his administration. Late last week, Donald Trump signed an executive order to repeal the Dodd-Frank Rule. This is significant for Wall St. During the aftermath of the GFC, the Dodd-Frank Rule was implemented to introduce more regulations for banks and other financial institutions. Wall St see these regulations as to restrictive to do business. A repeal of this will see looser regulation, enabling corporations to conduct more freely. On the other side, it will increase the risk associated with doing business, as the regulations are a lot more relaxed. It will be interesting to see if there are further developments in regards to this executive order during the week. The world is still waiting on Trump to reveal his tax and infrastructure plans, which we could hear more about this week.