This week shapes up to be another busy one for markets with a stack of data scheduled for release.

The USD weakened on Friday, sending paired currencies higher. The EURUSD opened the day at $1.13828 and dipped to a low of $1.13742 in the first hour of trade. It stayed near those levels until mid-session trading, where it took off. The euro peaked at $1.14430 late in the day and is now trading at $1.14349. The GBPUSD opened Friday at $1.25519 and lifted to a near-high $1.25702 before falling to lows of $1.25109 mid-session. It bounced off those lows as it rallied to a late high of $1.25735. It is now trading at $1.25612.

The Dow remained largely flat on Friday after beginning the day at 26,682.82. It traded in a tight range in the first half of the day, edging up to a high of 26,835.11 late before falling to lows of 26,615.76 a couple of hours later. It has come off those lows and is now trading at 26,684.50. The Dax began the day at 12,912.81 and slid to lows of 12,863.15 mid-session. It bounced off those lows as it climbed to a final-hour high of 12,971.87. It is currently trading at 12,944.98.

The week ahead sees the publication of plenty of data from around the world, culminating in the release of PMI figures from Europe on Friday.

Data published today and the most significant this week includes:

Today – German PPI, European Current Account

Tuesday – RBA Monetary Policy Meeting Minutes, Canadian Core Retail Sales, RBA Governor Philip Lowe speaks

Wednesday – Australian Retail Sales

Thursday – US Unemployment Claims

Friday – European, German and French Flash Manufacturing & Services PMIs, UK Retail Sales, US Flash Manufacturing PMI

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