Economic calendar (GMT0):

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

01:45 China HSBC Services PMI September 54.1 53.5

05:00 Japan BoJ monthly economic report

05:00 Japan Eco Watchers Survey: Current September 47.4 48.2 47.4

05:00 Japan Eco Watchers Survey: Outlook September 50.4 48.7

05:45 Switzerland Unemployment Rate September 3.2% 3.2% 3.2%

07:00 United Kingdom Halifax house price index September +0.1% +0.2% +0.6%

07:00 United Kingdom Halifax house price index 3m Y/Y September +9.7% +9.6%

The U.S. dollar traded higher against the most major currencies. The International Monetary Fund's (IMF) forecast cut for global growth for 2014 and 2015 still weighed on the risk-related assets. The IMF lowered its forecast for global economic growth to 3.3% in 2014, down from a previous forecast of 3.4%. 2015 forecast was cut to 3.8%, down from a previous forecast of 4.0%.

The New Zealand dollar fell against the U.S. dollar in the absence of any major economic reports from New Zealand.

The Australian dollar declined against the U.S. dollar as the Australian Bureau of Statistics reported problems with its July and August employment data. The Australian Bureau of Statistics will revise its July and August jobs data.

The Japanese yen decreased against the U.S. dollar after the disappointing economic data from Japan. Japan's economy watchers' current conditions index remained unchanged at 47.4 in September, missing expectations for an increase to 48.2.

Japan's economy watchers' future conditions index dropped to 48.7 in September from 50.4 in August.

Japan's current account surplus rose to 130.8 billion yen in August from 99.3 billion yen in July, missing expectations for a rise to 190 billion yen.

EUR/USD: the currency pair fell to $1.2626

GBP/USD: the currency pair decreased to $1.6051

USD/JPY: the currency pair climbed to Y108.53

The most important news that are expected (GMT0):

12:15 Canada Housing Starts September 192 195

18:00 U.S. FOMC meeting minutes

23:50 Japan Core Machinery Orders September +3.5% +1.1%

23:50 Japan Core Machinery Orders, y/y September +1.1% -5.1%