Markets opened the week on a cautiously optimistic note, with equities posting small gains across the board. The US Dollar remained soft, with the EUR regaining 1.1350, while the GBP pushing back towards 1.3400. There was very little to guide markets on the economic data front, but there is an avalanche of data coming, this week. This could be the first week this month not dominated by the US/China trade war, which would be a blessing, as resolution becomes closer.Commodity currencies took advantage of the weaker reserve, with the AUD regaining 0,6400, while the NZD broke back above 0.5950. This week has a plethora of global data releases including GDP growth, inflation and employment data from Europe and the USA. One thing is certain, it will not be boring!
