Stock markets surged last week as softer US inflation data cooled Fed rate hike expectations. The Nasdaq 100 and gold soared as the US Dollar tumbled. Bitcoin was unable to capitalize on risk appetite, sinking 20% as crypto giant FTX filed for bankruptcy. What is in store for markets next?

Inflation data comes into focus for Loonie traders after a major week for USDCAD.

EUR/USD is on track to test the August high (1.0369) ahead of the US Retail Sales report amid growing speculation for a smaller Federal Reserve rate hike in December