Economic calendar (GMT0):

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

01:35 Japan Manufacturing PMI (Finally) December 52.6 52.5 52.6

01:45 China Markit/Caixin Manufacturing PMI December 48.6 49 48.2

08:30 Switzerland Manufacturing PMI December 49.7 52.1

08:50 France Manufacturing PMI (Finally) December 50.6 51.6 51.4

08:55 Germany Manufacturing PMI (Finally) December 52.9 53 53.2

09:00 Eurozone Manufacturing PMI (Finally) December 52.8 53.1 53.2

09:30 United Kingdom Consumer credit, mln November 1207 Revised From 1178 1476

09:30 United Kingdom Net Lending to Individuals, bln November 4.8 5.35

09:30 United Kingdom Mortgage Approvals November 69.87 Revised From 69.63 70.4 70.41

09:30 United Kingdom Purchasing Manager Index Manufacturing December 52.5 Revised From 52.7 51.9

13:00 Germany CPI, m/m (Preliminary) December 0.1% 0.2% -0.1%

13:00 Germany CPI, y/y (Preliminary) December 0.4% 0.6% 0.3%

The U.S. dollar traded mixed against the most major currencies ahead of the release of the U.S. economic data. The final manufacturing purchasing managers' index is expected to decline to 51.3 in December from 52.8 in November.

The ISM manufacturing purchasing managers' index is expected to rise to 49.0 in December from 48.6 in November.

The euro traded mixed against the U.S. dollar after the release of the positive economic data from the Eurozone. Markit Economics released its final manufacturing purchasing managers' index (PMI) for the Eurozone on Monday. Eurozone's final manufacturing purchasing managers' index (PMI) rose to 53.2 in December from 52.8 in November, up from the preliminary reading of 53.1.

Production and employment grew in all countries.

"The end of 2015 saw the Eurozone manufacturing recovery gain further traction, with rates of expansion in production and new orders over the final quarter besting those of quarter three. The sector is therefore likely to make a meaningful positive contribution to the euro GDP numbers for quarter four," Rob Dobson, Senior Economist at Markit said.

Germany's final manufacturing purchasing managers' index (PMI) climbed to 53.2 in December from 52.9 in November, up from the preliminary reading of 53.0.

The index was driven by a rise in production and new orders. New export orders showed the strongest rise in nearly two years.

France's final manufacturing purchasing managers' index (PMI) rose to 51.4 in December from 50.6 in November, down from the preliminary reading of 51.6. It was the highest level since March 2014.

The index was driven by a rise in output and new orders.

The British pound traded higher against the U.S. dollar after the release of the mixed economic data from the U.K. Markit Economics released its manufacturing purchasing managers' index (PMI) for the U.K. on Monday. The Markit/Chartered Institute of Procurement & Supply manufacturing PMI for the U.K. declined to 51.9 in December from 52.5 in November. November's figure was revised down from 52.7.

A reading above 50 indicates expansion.

The decline was driven by a slower pace of the growth in output and new orders.

"The UK manufacturing sector ended 2015 on a disappointing note, with its rate of growth slowing further from October's recent high back down towards the stagnation mark. This suggests that industry will make, at best, only a marginal positive contribution to broader economic growth in the final quarter of the year," Markit's Senior Economist Rob Dobson said.

The Bank of England (BoE) released its number of mortgages approvals for the U.K. on Monday. The number of mortgages approvals in the U.K. was up to 70,410 in November from 69,867 in October, exceeding expectations for an increase to 70,400. October's figure was revised up from 69,630.

Consumer credit in the U.K. rose by £1.476 billion in November, after a £1.207 billion gain in October. October's figure was revised down from £1.178 billion.

Net lending to individuals in the U.K. increased by £5.35 billion in November, after a £4.8 billion gain in October.

The Swiss franc traded lower against the U.S. dollar. Credit Suisse and procure.ch released their manufacturing purchasing managers' index (PMI) for Switzerland on Monday. The manufacturing purchasing managers' index in Switzerland climbed to 52.1 in December from 49.7 in November.

A reading above 50 indicates contraction.

The increase was largely driven by a rise in production. The production increased to 57.6 in December from 49.5 In November.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair rose to $1.4815

USD/JPY: the currency pair decreased to Y118.69

The most important news that are expected (GMT0):

14:45 U.S. Manufacturing PMI(Finally) December 52.8 51.3

15:00 U.S. Construction Spending, m/m November 1% 0.5%

15:00 U.S. ISM Manufacturing December 48.6 49