A few more significant pieces of information over the next 24 hours which could cause some market movements.

The USD continues to struggle, sending paired currencies higher. The EURUSD opened at $1.13067 and traded flat early. It lifted to $1.13241 before falling to lows of $1.12742 heading into late session trading. The euro bounced off that and rallied to a very late high of $1.13564. It has come off those highs and is currently trading at $1.13384. The GBPUSD was much more pronounced in its rally overnight. The pair opened at $1.129164 and remained flat early, dipping to a low of $1.28948. Mid-session trading saw the pound begin its surge, peaking at $$1.30713 late in the day. It is currently trading at $1.30598.

The Dow was quite flat throughout the trading session after opening at 25,899.57. The index dipped to a low of 25,795.26 heading into late trading before climbing to a high of 25,967.07. The Dow closed at 25,889.15. The Dax returned to positive territory overnight despite a shaky start. The German index opened at 11,294.64, fell to 11,273.29 and then rallied to a high of 11,370.33. The Dax then fell to a low of 11,239.00 shortly afterwards. It recovered some of those losses before closing at 11,318.42.

The day ahead is specked with a few pieces of significant data, with the Australian Wage Price Index due for publication late morning. The figure denotes the wage changes in the economy. This figure is crucial to the local economy as wage growth has been stagnant over a number of years. Wage growth is critical for economic growth. Wages are expected to grow by 0.6% over the previous quarter.

Other data set for release today includes:

Japan – Trade Balance

US – FOMC Meeting Minutes

UK – CBI Industrial Order Expectations

Europe – German PPI, European Consumer Confidence

Australia – MI Leading Index, CB Leading Index, Flash Manufacturing & Services PMIs

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