00:01 United Kingdom RICS House Price Balance November -24% -25% -17%

00:30 Australia National Australia Bank's Business Confidence November 2 2

00:30 Australia Housing starts Quarter III -4.7% -0.7% -6.8%

The Australian dollar climbed from two-week lows before a report forecast to show retail sales in the U.S. rose in November, adding to signs the world’s largest economy remains resilient. Retail sales in the U.S. probably increased 0.6 percent last month after a 0.5 percent gain in October, a Bloomberg survey of economists showed before the Commerce Department releases the data today.

The dollar reached a two-month high against the euro before three European nations and the region’s bailout fund sell bills amid speculation Standard & Poor’s may cut sovereign credit ratings in the common currency area.

Fitch Ratings and Moody’s Investors Service said yesterday that a European Union summit last week offered little help in ending the region’s debt crisis. The yen touched a two-week high against the euro before a German report today that may show investor confidence in Europe’s largest economy slid to a three- year low.

The pound gain after an index of U.K. house prices climbed in November from a four-month low because of an increase in demand, the Royal Institution of Chartered Surveyors said.

The gauge by London-based RICS rose to minus 17 percentage points from minus 24 points in October, the group said in an e- mailed report today.

EUR/USD: on Asian session the pair fell.

GBP/USD: on Asian session the pair dropped.

USD/JPY: on Asian session  the pair holds in range Y77.60-Y77.70.

European data for Tuesday starts at 0630GMT with France HICP data. The IEA monthly oil market report is due at 0900GMT, while at the

same time, the Bank of England's Spencer Dale speaks at an event at Bloomberg. The main core-European release for Tuesday is the german ZEW data at 1000GMT. UK inflation data at 0930GMT is expected to see CPI come in at 0.2% m/m, 4.8% y/y with core-CPI at 3.3% y/y.US data starts at 1245GMT with the weekly ICSC-Goldman Store Sales data, while at 1330GMT, US retail sales are expected to rise 0.5% in November after rising sharply in September and October. At 1730GMT, the FOMC monetary policy announcement is due. The

FOMC's final meeting of 2011 comes amid great uncertainty about the European debt crisis, America's own fiscal mess and the Chinese economy, among other things.