A stack of data is being released from around the world, which could mean another volatile week for markets.

The USD strengthened on Friday, sending paired currencies down. The EUR/USD opened the day at $1.13864 and climbed throughout the first half of the session, peaking at $1.14095 mid-session. The euro fell sharply after that, falling to a low of $1.13522 just a few hours a later. It has come off those lows and in early Monday trading it is currently sitting at $1.13647. The GBP/USD opened the day at $1.29834 and bumped up to an opening-hour high of $1.29927. The pair remained steady over the following few hours before the decline set in mid-session. The pound slid to a low of $1.28560 late in Friday trading. In early Monday trading, it is currently at $1.28597.

Indices went off to the races on Friday. The Dow opened at 24,350.96 and dipped to an opening-hour low of 24,312.72. It was basically all up from there as the index rallied throughout the rest of the day, peaking at 24,741.28 late in the day. It has come off those highs slightly and is currently trading at 24,668.00. The Dax was seemingly unstoppable after opening at 10,984.27 and dipping to an early low of 10,968.83. The German index surged to a high of 11,257.33, which was achieved in the final hour of trade, before closing at 11,228.33.

The week ahead is packed full of data, which should cause some movements in markets. Away from economic data and the two main political issues remain unresolved – the US government shutdown and Brexit in the UK. Whether progress is made on either issue remains to be seen.

Data released today and the most significant for the rest of the week include:

Today – US Bank Holiday, Australian HIA New Home Sales, German PPI & Buba Monthly Report, Chinese GDP, Fixed Asset Investment, Industrial Production, Retail Sales, Unemployment and NS Press Conference

Tuesday – UK Average Earnings Index

Wednesday – NZ CPI, BoJ Policy Rate, Outlook Report and Press Conference

Thursday – Canadian Core Retail Sales, Australian Unemployment Rate and Employment Change, European Main Refinancing Rate

Friday – ECB Press Conference

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