USD review

This is going to be a very important week for the US dollar, 225k jobs are expected to be added in April with the data being released at 8.30 EST on Friday. After the March data which has the lowest job addition since Q4 2013 the April number could drive expectations for a stronger or weaker Dollar and also set the tone for the US Federal Reserve's rate hike expectations. 

Also pay close attention to the 7 FOMC speakers who will be speaking at various forums, including Chairperson Janet Yellen for their take on when they expect the Fed to hike rates and their inflation and unemployment outlooks. 

The weakness in the Chinese economy was reflected in the PMI (HSBC) which dropped to 48.9 in April. This sent expectations of further easing in China higher which supported commodity prices.