Economic calendar (GMT0):

01:00    Australia                HIA New Home Sales, m/m        March                +4.6%                +0.2%

01:30    Australia                Producer price index, q / q        Quarter I             +0.2%  +0.6%   +0.9%

01:30    Australia                Producer price index, y/y           Quarter I             +1.9%  +2.1%   +2.5%

07:30    Switzerland            Manufacturing PMI                    April                   54.4      55.1       55.8

07:48    France                  Manufacturing PMI (Finally)         April                   52.1      50.9       51.2

07:53    Germany               Manufacturing PMI (Finally)         April                   53.7      54.2       54.1

07:58    Eurozone              Manufacturing PMI (Finally)          April                  53.0      53.3       53.4

08:30    United Kingdom     PMI Construction                       April                  62.5      62.2       60.8

The U.S. dollar traded mixed against the most major currencies ahead of the labour market data release in the U.S. Analysts expect that the unemployment rate should decrease to 6.6% in April from 6.7% in March and 211,000 jobs should be added in April.

The New Zealand dollar traded mixed against the U.S. dollar. No economic data was published in New Zealand today.

The Australian dollar traded little changed against the U.S. dollar. The Australian currency was supported the better-than-expected Producer Price Index (PPI). Australia’s PPI climbed 0.9% in the first quarter (4. Quarter 2013: 0.2%). Analysts forecasted an increase of 0.5%. HIA New Home Sales were up only 0.2% in March (February: 4.6%).

The Japanese yen dropped against the U.S. dollar. The U.S. dollar was supported by the better-than-expected U.S. personal spending in March, published on Thursday. The U.S. personal spending climbed 0.9% in March from an increase of 0.5% in February. The projected figure was 0.7%.

Some economic data was published in Japan. Market participants remained unimpressed by this data. Household spending increased 7.2% in March (forecast: 1.7%) from the decline of 2.5% in February. Japan's monetary base decreased to +48.5% in April from +54.8% in March. Analysts forecasted an increase to 55.3%. The unemployment rate remained unchanged as expected at 3.6% in March (forecast: 3.6%).

EUR/USD: the currency pair declined to $1.3855

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair was up to Y102.35

The most important news that are expected (GMT0):

09:00    Eurozone          Unemployment Rate       March   11.9%   11.9%   

12:30    U.S.                  Average workweek           April      34.5      34.5      

12:30    U.S.                  Average hourly earnings   April      0.0%     +0.2%  

12:30    U.S.                  Nonfarm Payrolls             April      192        211        

12:30    U.S.                  Unemployment Rate       April      6.7%     6.6%     

14:00    U.S.                  Factory Orders               March   +1.6%  +1.3%