Data
00:30 Australia Private Sector Credit m / m in November +0.3% +0.4% +0.3%
00:30 Australia Private Sector Credit, y / y +3.5% in November +3.9% +3.8%
The dollar rose sharply against the euro on a background of thin trading , as well as in anticipation of the publication of U.S. data. Many market participants are waiting for the report on the house price index from the S & P / Case-Shiller October ( at 14:00 GMT). According to estimates , the figure rose to 13.4% , after increasing 13.3 % in September. In addition, the focus will be PMI Chicago in December. For this index is closely watched as it is published shortly before the business activity index from the Institute for Supply Management (ISM) , and may give an idea of how will the indicator of business activity at the national level. According to the average forecast of this indicator fell to 61.3 from 63.0 in November.
Would also not unimportant indicator of consumer confidence for December. It is expected that this figure has improved to the level of 76.5 points compared to 70.4 points in November .
The Japanese currency finished the year the biggest annual drop since 1979 , amid speculation that the Bank of Japan will continue its unprecedented stimulus program , to support the economic strategy of Prime Minister Shinzo Abe . In general, the Japanese currency has fallen in the past year by 16% against a basket of nine other currencies. Hedge funds and other large speculators increased bets on a further fall in the yen against the dollar to a maximum value since July 2007. Recall that at the last meeting of the Bank of Japan decided to keep the amount of bond purchases at 60 - 70 trillion yen ($ 581 billion ) a year. Chapter regulator Haruhiko Kuroda earlier assured further maintaining supersoft rate until inflation has stabilized at a level of 2%. Inflation expectations are likely to grow , and it predicts an increase in core inflation . Most economists believe that the central bank will go to the expansion of incentives in the first half of 2014.
Pound has appreciated strongly against the dollar, which has also been associated with a thin market. Influenced the course of trading and data which showed that house prices in the UK increased slightly in November , after falling in the previous month . It became known from a survey conducted Land Authority .
The report showed that the index of house prices in England and Wales rose 0.1 percent in November compared with the previous month , when the decline was recorded at 0.3 percent. The biggest rise in house prices was recorded in London - 1.8 percent for the month , while the largest decline was reported in the East - prices fell 0.7 percent .
On an annual basis , house prices increased by 3.2 percent in November . This comes after an increase of 3 percent in October and 2.7 percent rise in September.
London registered the largest annual price increase - 10.6 percent . The only region where price declines have been recorded on an annualized basis , turned north- eastern region . With all these changes , the average house price in the UK housing market reached 165.411 pounds in November , which is slightly higher than the October value - at 165.303 pounds.
EUR / USD: during the European session, the pair fell to $ 1.3758
GBP / USD: during the European session, the pair rose to $ 1.6545
USD / JPY: during the European session, the pair rose to Y105.15, then returned to Y104.95
In the U.S. at 14:00 GMT will index of home prices in 20 major cities of S & P / Case-Shiller composite index and nationwide housing prices S & P / CaseShiller October in 14:45 GMT - Chicago PMI index for December at 15:00 GMT - indicator of consumer confidence for December.