Elsewhere, the Turkish lira was one of the worst performers on Friday as the country’s prime minister is embroiled in an corruption scandal. Data released in Japan showed that inflation has improved significantly to 1.2% whilst the overall rate of unemployment remained unchanged at 4%. Despite this, the Japanese yen continues to tumble – falling to a 5 year low against the US dollar this morning as investors anticipate further monetary easing in 2014. This week, the main release will be the Chinese manufacturing and non-manufacturing PMI whilst we also have PMI data and an economic survey from Switzerland. Call your trader now for a live quote.