A stack of data is slated for publication today, with the UK taking centre stage.

The EURUSD added some value on Monday after starting the week at $1.18354. The pair slipped to lows of $1.18312 early but subsequently rebounded and rallied to highs of $1.18874 mid-session. It gave up some of those gains late in the day and is now trading at $1.18679. The GBPUSD followed its European counterpart after opening at $1.27753. The pair edged down to a low of $1.27693 in the first hour of the day before taking off, peaking at $1.29183 mid-session. Late trading saw the pound fall away somewhat and is currently trading at $1.28342.

The Dow made a tentative start to the week when it opened at 27,801.68. The index slipped to lows of 27,716.73 in the first hour of the day before bouncing back and climbing to highs of 28,092.37 late. It has come off those highs and is now trading at 27,964.30. The Dax looked set for a strong session early before negative sentiment sent it packing. The German index began the week at 13,244.40 and raced to a high of 13,338.81 heading into mid-session trading. However, the sell-off started shortly after hitting that high with the Dax falling to lows of 13,141.15. It is not far from those lows, currently trading at 13,145.00.

Attention turns to the UK and the release of jobs-related data. Markets will be eyeing the latest Claimant Count Change figures, with analysts forecasting that a further 99,500 people have had to apply for unemployment benefits over the previous month.

Other data published today includes:

Australia – CB Leading Index

Canada – Manufacturing Sales

UK – Average Earnings Index, Unemployment Rate

China – Industrial Production, Fixed Asset Investment, Retail Sales, Unemployment Rate

Europe – European & German ZEW Economic Sentiment, French Final CPI, Swiss PPI

US – Industrial Production, Capacity Utilisation Rate, Import Prices, Empire State Manufacturing Index

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