There is a busy week ahead on the economic news front with plenty of data due which are likely to influence markets and inject some potential volatility into the mix. The early part of the week is dominated by manufacturing PMI’s with German, US and UK data all due for release on Tuesday, also of importance will be the release of the Chinese manufacturing PMI. Finishing of the week will be the US non-farm payrolls which are bound to add some volatility to end the week off. Other factors that will have an influence on the markets this week will be the ongoing tensions in Ukraine and possibility of more sanctions being imposed on Russia by the west. In Europe there is increasing talk that the ECB will loosen monetary policy.