Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

04:30 Japan Industrial Production (YoY) (Finally) May +0.8% +0.8% +1.0%

04:30 Japan Industrial Production (MoM) (Finally) May +0.5% +0.5% +0.7%

06:00 France Bank holiday

The U.S. dollar traded mixed against the most major currencies ahead of congressional testimony by Federal Reserve Chair Janet Yellen on Tuesday and Wednesday. Markets participants are awaiting new information on when the Fed could start to increase its interest rate.

The New Zealand dollar traded mixed near 3-year highs against the U.S dollar. The REINZ housing price index declined 0.3% in June, after a 1.2% decrease in May.

The Australian dollar traded mixed against the U.S. dollar in the absence of any major economic reports in Australia.

The Japanese yen traded slightly lower against the U.S. dollar due to decreasing demand for safe-haven yen after Portugal's central bank eased market fears over the financial health of Banco Espirito Santo.

Japan's industrial production rose 1.0% in May, after a 0.8% increase in April. Analysts had expected a 0.5% increase.

On a yearly basis, Japan's industrial production climbed 0.7% in May, after a 0.5% rise in April.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

09:00 Eurozone Industrial production, (MoM) May +0.8% +0.3%

09:00 Eurozone Industrial Production (YoY) May +1.4% +1.1%

17:30 Eurozone ECB President Mario Draghi Speaks

23:01 United Kingdom BRC Retail Sales Monitor y/y June +0.5%