Global markets are entering a high-stakes period as investors brace for a wave of delayed U.S. economic data and a series of critical policy decisions. With the 43-day government shutdown now over, key indicators on inflation, employment, and consumer spending are set for release, creating an unusually dense data calendar.

With the government reopened and a backlog of U.S. data finally set for release, markets stepped into the week with a sharper focus on incoming numbers and shifting policy expectations.

The end of the U.S. shutdown lifted risk appetite, pushing the euro above $1.16 as traders shifted focus to a dense lineup of delayed U.S. indicators that will shape expectations for the December Fed meeting.