Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:30 Australia Home Loans September 1.5% Revised From 2.9% 0% 2.0%
00:30 Australia National Australia Bank's Business Confidence October 5 2
01:30 China PPI y/y October -5.9% -5.8% -5.9%
01:30 China CPI y/y October 1.6% 1.5% 1.3%
05:00 Japan Eco Watchers Survey: Current October 47.5 48.2 48.2
05:00 Japan Eco Watchers Survey: Outlook October 49.1 49.1
06:45 Switzerland Unemployment Rate (non s.a.) October 3.2% 3.3% 3.3%
07:45 France Industrial Production, m/m September 1.7% Revised From 1.6% 0% 0.1%
07:45 France Industrial Production, y/y September 0.6% 0.7%
The U.S. dollar traded mixed against the most major currencies ahead the U.S. economic data. The U.S. import price index is expected to decline 0.1% in October, after a 0.1% fall in September.
Wholesale inventories in the U.S. are expected to be flat in September, after a 0.1% increase in August.
The euro traded lower against the U.S. in the absence of any major economic reports from the Eurozone.
The French statistical office Insee its industrial production figures on Tuesday. Industrial production in France rose 0.1% in September, exceeding expectations for a flat reading, after a 1.7% gain in August. August's figure was revised up from a 1.6% increase.
Manufacturing output was flat in September, while construction output slid 1.7%.
Output in mining and quarrying, energy, water supply and waste management increased 0.7% in September.
On a yearly basis, the French industrial production dropped 1.0% in September, after a 0.6% gain in August.
The British pound traded higher against the U.S. dollar in the absence of any major economic reports from the U.K.
The Swiss franc traded lower against the U.S. dollar. The Swiss State Secretariat for Economic Affairs released its unemployment data for Switzerland on Thursday. The Swiss unemployment rate remained at a seasonally adjusted 3.4% in October.
On a seasonally unadjusted basis, the unemployment rate in Switzerland increased to 3.3 in October from 3.2% in September, in line with expectations.
The number of unemployed people in Switzerland rose by 3,043 to 141,269 in October from a month earlier.
EUR/USD: the currency pair declined to $1.0696
GBP/USD: the currency pair was up to $1.5144
USD/JPY: the currency pair decreased to Y123.09
The most important news that are expected (GMT0):
13:30 U.S. Import Price Index October -0.1% -0.1%
15:00 U.S. Wholesale Inventories September 0.1% 0%
17:00 Canada Gov Council Member Wilkins Speaks
19:30 U.S. FOMC Member Charles Evans Speaks
20:00 New Zealand RBNZ Financial Stability Report
20:05 New Zealand RBNZ Governor Graeme Wheeler Speaks
23:30 Australia Westpac Consumer Confidence November 4.2%