A stack of data today could cause some volatility throughout markets, while the G20 meetings begin in Argentina.

The EUR/USD remained rather steady throughout the day, consolidating the gains that it made the previous day. The pair opened at $1.13650 and slowly climbed to near-session highs of $1.13965 before falling over the following few hours to lows of $1.13478. The pair bounced off those lows to climb to a high of $1.14007 before remaining steady for the rest of the session. It is currently trading at $1.13851. The GBP/USD was a much different proposition however, as it gave up most of the gains it made during the previous session. The pair opened at $1.28229 and climbed to a high of $1.28487 in early-session trading. Things went bad from there as the pound weakened over the following few hours, tumbling to lows of $1.27545. It has come of those lows slightly and is currently trading at $1.27796.

The Dow was virtually flat yesterday, save for a two-hour period where it spiked and then gave up those gains. The index opened at 25,306.73 and traded within a 50-point range during early and mid-session trading. The Dow then dipped to a low of 25,196.50 late before rallying for a short period to peak at 25,472.50. It gave up most of those gains just as fast, closing at 25,362.10, 50-odd points above where it opened the day. The Dax has returned to its underperforming ways after opening the day at 11,393.19. The German index bumped up to a high of 11,403.70 before falling to a low of 11,273.10. It bounced off those lows and tried to recover those losses, closing at 11,332.40.

The G20 summit in Argentina dominates headlines today as the leaders of the world gather to discuss all things political, social and economic. The most critical to watch out for is the meeting between Donald Trump and China’s Xi Jinping. They will most likely discuss trade tariffs, which has ramifications for markets worldwide. The data being released today includes:

Australia – Private Sector Credit

Canada – GDP, RMPI, IPPI

China – Manufacturing & Non-Manufacturing PMIs

UK – GfK Consumer Confidence, Nationwide HPI

Japan – Consumer Confidence, Housing Starts

US – Chicago PMI, FOMC Member John Williams speaks

Europe – Swiss KOF Economic Barometer, German Import Prices, German Retail Sales, French & Italian Prelim CPI, Italian Monthly Unemployment Rate, European Unemployment Rate, European CPI & Core CPI Flash Estimates

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