Plenty of significant data is scheduled for publication tonight, with Europe coming into focus.

The EURUSD opened at $1.15776 and remained flat over the first half of the day, before falling to lows of $1.15391 heading into late trading. It bounced off those lows, rallying to a high of $1.16263 a few hours later. It has come away from those highs slightly and is now trading at $1.16135. The GBPUSD followed a similar path to the euro after starting the day at $1.27323. It was steady early and fell away mid-session, hitting lows of $1.26717. Rebounding off those lows, the pound peaked at $1.27595 late in the day. It came off those highs but has regained those losses and is now trading at $1.27592.

Indices gave up some of their recent gains, with both the Dow and Dax affected. The Dow began the day at 27,001.36 and looked in good shape early, climbing to highs of 27,169.40 mid-session. Those gains were given up shortly afterwards as the Dow plummeted to lows of 26,556.42 late in the day. It has come off those lows and is now trading at 26,703.95. The Dax opened at 13,130.78 and edged up to a high of 13,213.47 mid-session. Like the Dow, the Dax fell late in the day, bottoming-out at 12,946.15. It has come off those lows and is now trading at 13,017.70.

The day ahead sees the publication of a host of data from Europe. Manufacturing and Services PMI figures are expected for Europe, Germany and France in what could be a volatile end to the week.

Data published today includes:

US – Flash Manufacturing & Services PMIs, New Home Sales

UK – Flash Manufacturing & Services PMIs, Retail Sales

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

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