Another busy week coming up for markets, capped off with employment data from the US on Friday.

The USD was battered on Friday, sending paired currencies up. The EURUSD opened at $1.18185 and dipped to a low of $1.18101 early. It climbed off those lows as it peaked at $1.19191 mid-session. It came away from those highs slightly in late trading and is now sitting at $1.18987. The GBPUSD started Friday at $1.31949 and slipped to a low of $1.31852 early. Bouncing off those lows, the pound surged to highs of $1.33556 late in the day. It has cone off those highs and is now trading at $1.33880.

The Dow made small gains on Friday after beginning the day at 28,559.65. The index jumped up to a high of 28,766.43 early before falling away to lows of 28,489.44 late in the day. The Dow pared back some of those losses as it closed at 28,670.70. It has opened Monday higher and is now trading at 28,793.30. The Dax started the session with plenty of promise, but a sell-off early erased any positive sentiment. The German index opened at 13,100.77 and lifted to a high of 13,191.78 early. Those heights were not held for long as the Dax tumbled to lows of 12,943.10 a few hours later. It spent the rest of the day trying to regain those losses but was mostly unsuccessful, closing at 13,060.77. It has opened the week higher and is no trading at 13,134.50.

The week ahead is full of data, with traders eyeing off the Non-Farm Payroll figures from the US on Friday. However, there is a slew of data, both locally and internationally, that markets will be watching with interest.

Data published today and the most significant this week includes:

Today – Japanese Housing Starts and Consumer Confidence, German & Italian Prelim CPIs, Swiss Retail Sales, Spanish Flash CPI, Canadian IPPI & RMPI, FOMC Member Richard Clarida speaks

Tuesday – Australian Cash Rate, RBA Rate Statement, China Caixin Manufacturing PMI

Wednesday – US ISM Manufacturing PMI and ADP Non-Farm Employment Change, Australian GDP

Thursday – US Unemployment Claims and Crude Oil Inventories, MPC Member Ben Broadbent speaks

Friday – US Non-Farm Employment Change, Average Hourly Earnings, Unemployment Rate and ISM Non-Manufacturing PMI, Canadian Employment Change and Unemployment Rate, BoE Governor Andrew Bailey speaks

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