Economic data has been rather light this week and geo-politics continues to be the talking point for many investors. The EUR has certainly consolidated the past few trading sessions, but the GBP has taken a beating with worries about the upcoming Scotland vote coming into focus. The JPY has also lost a large swatch of ground to the USD, this as the Greenback continues to find takers.

Data from Europe has continued to be lackluster, while not missing their estimates wildly, statistics such as the broad European Sentix Investor Confidence reading did turn in a poor reading and French Trade Balance figures were disappointing. Highlighting that Europe is still struggling to achieve any signs of growth and in fact remains in a deflationary mode. Gold has traded lower via some of this sentiment and is testing out new support levels. The precious metal is near 1253.00 as of this writing.

U.K. data and Japanese economic reports have been equally less than inspiring the past few days. And both the Sterling and Yen have in essence given into the stronger Greenback with the lackluster reports serving as a backdrop.

The U.S. will be fairly quiet with reports today, the Crude Oil Inventories is on the schedule as is the Wholesale Inventories publication. Tonight China will issue inflation reports via the CPI marks.

Equities have been under pressure and international bourses have continued to show a cautious outlook via the major indexes.