A swathe of data is being released today, while events away from economic data could bring volatility.

The EUR/USD endured a wild session after opening at $1.16371. The pair climbed to $1.16560 before falling over the next few hours to bottom-out at $1.15741. It then staged a comeback in late trading, surging to a high of $1.16780. Those highs were short-lived however, pulling back. It is currently trading at $1.16491, not far from where it opened yesterday. The pound was not as fortunate, as data misses and Brexit weigh heavily on it. The GBP/USD opened at $1.30637 and gradually climbed to a high of $1.30814. The pair then fell steeply until it reached a low of $1.29564. It slowly recovered from that low but is struggling to stay above $1.30, now trading at $1.30179.

The Dow had an underwhelming session, bucking the trend of the last few days. The Dow opened at 25,169.12 and climbed to an early high of 25,207.31. However, from that point, the Dow tumbled throughout most of the session, hitting lows of 25,034.82. It then piled on around 100 points, but gave up some of those gains in late trading. It is currently at 25,085.50. The Dax also struggled overnight as it takes a breather from the gains of the last few days. The Dax opened at 12,754.15 and hit a high of 12,757.70 shortly afterwards. It then weakened throughout the night, dropping to lows of 12,658.10. The Dax recovered slightly, closing at 12,683.30.

The day ahead sees the release of plenty of data from around the world. Events away from data could affect markets and bring some volatility. The ongoing fallout from Trump’s meeting with Putin continues, with people calling into question Trump’s leadership once again. Some of America’s largest companies are also releasing earnings figures, which can bring with it some volatility to stocks, particularly the Dow. Data set for release today includes:

NZ – Credit Card Spending

Japan – All Industries Activity

Europe – Current Account, German PPI

UK – Public Sector Net Borrowing

Canada – Retail & Core Retail Sales, CPI, Core, Common, Median and Trimmed CPIs

All – G20 Meetings, OPEC-JMMC Meetings

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