Economic calendar (GMT0):

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

00:01 United Kingdom Rightmove House Price Index (MoM) March +2.1% +1.0%

00:01 United Kingdom Rightmove House Price Index (YoY) March +6.6% +5,4%

00:30 Australia New Motor Vehicle Sales (MoM) February -1.9% Revised From -1.5% +2.9%

00:30 Australia New Motor Vehicle Sales (YoY) February +0.2% +4.1%

08:15 Switzerland Producer & Import Prices, m/m February -0.6% +0.4% -1.4%

08:15 Switzerland Producer & Import Prices, y/y February -2.7% -3.6%

08:15 Switzerland Retail Sales (MoM) January +1.0% -2.1%

08:15 Switzerland Retail Sales Y/Y January +1.9% +2.6% -0.3%

11:00 Germany Bundesbank Monthly Report

12:30 Canada Foreign Securities Purchases January -13.54 Revised From -13.55 3.74 5.73

12:30 U.S. NY Fed Empire State manufacturing index March 7.8 8.1 6.9

The U.S. dollar traded mixed against the most major currencies ahead of the U.S. economic data. The U.S. industrial production is expected to rise 0.3% in February, after a 0.2% gain in January.

The NAHB housing market index is expected to climb to 57 in March from 55 in February.

The NY Fed Empire State manufacturing index declined to 6.90 in March from 7.78 in February, missing expectations for a rise to 8.1.

The euro traded higher against the U.S. dollar in the absence of any major economic reports from the Eurozone. Concerns over Greece's further bailout policy and quantitative easing by the European Central Bank (ECB) still weighed on the euro.

The European Central Bank President Mario Draghi is scheduled to speak at 18:45 GMT0.

The British pound traded higher against the U.S. dollar in the absence of any major economic reports from the U.K.

The Canadian dollar traded lower against the U.S. dollar despite the better-than-expected foreign securities purchases from Canada. Foreign securities purchases in Canada rose by C$5.73 billion in January, exceeding expectations for a gain by C$3.74 billion, after a drop by C$13.54 billion in December. December's figure was revised up from a decline by C$13.55 billion.

The Swiss franc traded mixed against the U.S. dollar after the weaker-than-expected data from Switzerland. Switzerland's producer and import prices declined 1.4% in February, missing expectations for a 0.4% increase, after a 0.6% fall in January. That was the biggest decline since November 2008.

On a yearly basis, producer and import prices decreased 3.6% in February, after a 2.7% drop in January. That was the lowest level since October 2009.

The decline was driven by lower oil prices and a stronger Swiss franc.

Retail sales in Switzerland decreased at an annual rate of 0.3% in January, missing expectations for a 2.6% rise, after a 1.9% rise in December. December's figure was revised down from a 2.2% increase.

EUR/USD: the currency pair rose to $1.0557

GBP/USD: the currency pair increased to $1.4797

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

13:15 U.S. Industrial Production (MoM) February +0.2% +0.3%

13:15 U.S. Industrial Production YoY February +4.8%

14:00 U.S. NAHB Housing Market Index March 55 57

18:45 Eurozone ECB President Mario Draghi Speaks

20:00 U.S. Net Long-term TIC Flows January 35.4 27.2