A much busier day for markets as we start to build towards a hectic end to the week.

The EURUSD made some small gains to start the week after opening at a low of $1.10472. The pair edged up slightly before remaining steady for most of the day. Late trading saw the euro lift to a high of $1.10894. It has come away from those highs and is now trading at $1.10703. The GBPUSD began the week tentatively after opening at $1.29205. The pair dipped to lows of $1.29084 before rebounding and headed to a high of $1.29852 mid-session. It gave up some of the gains shortly afterwards and remained steady for the rest of the day. It is now trading at $1.29524.

The Dow made a steady start to the week but still managed to hit another all-time high. The index started the week at 27,981.51 and slipped to lows of 27,960.53 early in the day. The Dow climbed off those lows, peaking at 28,090.13 mid-session. It stayed near those highs for the rest of the day and is currently trading at 28,025.50. The Dax opened and closed flat but endured some big swings in between. The German index began the week at 13,210.15 and headed to a high of 13,286.93 mid-session. It fell from those highs shortly afterwards, tumbling to lows of 13,136.83 before bouncing back and closing at 13,204.35.

The day ahead sees the publication of Monetary Policy Meeting Minutes from the RBA. This gives the markets a more in-depth look at the most recent interest rate decision as well as what future monetary policy settings may look like.

Other data published today includes:

UK – CBI Industrial Orders Expectations

Europe – European Current Account, Swiss Trade Balance

US – Building Permits, Housing Starts, FOMC Member John Williams speaks

Canada – Manufacturing Sales, Governing Council Member Carolyn Wilkins speaks

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