A swathe of data is scheduled for release this week from around the world, in what shapes up to be another busy one for markets.

The EURUSD weakened heading into the weekend, struggling to stay above $1.12. The pair began Friday at $1.12757 and lifted to an early high of $1.12812 before declining for most of the day. Mid-session trading saw a brief reprieve but then continued downwards. The euro bottomed-out at $1.12024 late in the day and is currently trading at $1.12169. The GBPUSD suffered a similar fate to the euro after opening at $1.25438. The pair bumped up to a high of $1.25554 early in the session before beginning its slide for most of the day. The pound hit a low of $1.24743 late in the day before bouncing off those lows to peg back some of the earlier losses. It is now trading at $1.25102.

The Dow fell on Friday, despite starting off with a flurry. The index opened at 27,327.09 and peaked at 27,363.31 in the first hour of trade. It traded near those levels for a large chunk of the session before the sell-off started very late in the day, with the Dow hitting a low of 27,147.47. It is still near those levels and is now at 27,173.39. The Dax began Friday in positive fashion, opening at 12,311.75. The German index ticked up to a high of 12,336.39 before turning negative shortly afterwards, hitting a low of 12,205.49 and closing at 12,234.00.

The week ahead is littered with significant market data, culminating in the release of US Advanced GDP figures on Friday. Data published today and the most significant this week includes:

Today – German Buba Monthly Report, Canadian Wholesale Sales

Tuesday – BoJ Governor Haruhiko Kuroda speaks

Wednesday – European, German and French Flash Manufacturing & Services PMIs

Thursday – US Core Durable Goods Orders, European Main Refinancing Rate, Monetary Policy Statement and ECB Press Conference

Friday – US Advance GDP

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