Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
01:50 Japan Current Account (adjusted), bln June 384.6 110.0 125.6
03:30 Australia Home Loans June 0.0% +0.7% +0.2%
03:30 Australia RBA Monetary Policy Statement Quarter III
04:00 China Trade Balance, bln July 31.6 26.0 47.3
05:00 Japan BoJ Interest Rate Decision 0.10% 0.10% 0.10%
05:00 Japan Bank of Japan Monetary Base Target 270 270 270
05:00 Japan BoJ Monetary Policy Statement
07:00 Japan Eco Watchers Survey: Current July 47.7 48.7 51.3
07:00 Japan Eco Watchers Survey: Outlook July 53.3 51.5
07:45 Switzerland Unemployment Rate July 3.2% 3.2% 3.2%
08:00 Germany Current Account June 12.2 Revised From 13.2 15.0
08:00 Germany Trade Balance June 18.8 19.8 16.2
08:45 France Industrial Production, m/m June -1.6% +1.1% +1.6%
08:45 France Industrial Production, y/y June -3.7% +0.1%
09:30 Japan BOJ Press Conference
10:30 United Kingdom Trade in goods June -9.2 -8.9 -9.4
The U.S. dollar traded mixed against the most major currencies ahead of nonfarm productivity in the U.S. Preliminary nonfarm productivity is expected to increase 1.4% in the second quarter, after a 3.2% drop in the first quarter.
The euro traded mixed against the U.S. dollar after mixed economic data from the Eurozone. Germany's trade surplus decreased to €16.2 billion in June from €18.8 billion in May. Analysts had expected the trade surplus to increase to €19.8 billion.
French industrial production climbed 1.3% in June, beating forecasts of a 1.1% rise, after a 1.6% fall in May. May's figure was revised up from a 2.3% decline.
The British pound traded mixed against the U.S. dollar after the weaker-than-expected trade data from UK. Britain's trade deficit rose to £9.41 billion in June from £9.15 billion in May. May's figure was revised up from a deficit of £9.20 billion. Analysts had expected the deficit to decline to £8.90 billion in June.
The Swiss franc traded mixed against the U.S. dollar. Switzerland's unemployment rate remained unchanged at 3.2% in July, in line with expectations.
The Canadian dollar traded mixed against the U.S. dollar ahead of the labour market report from Canada. The unemployment rate is expected to decline to 7.0% in July from 7.1% in June.
Canada's economy is expected to add 25,400 jobs in July, after a loss of 9,400 jobs in June.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair traded mixed
USD/JPY: the currency pair was up to Y101.98
The most important news that are expected (GMT0):
14:30 Canada Employment July -9.4 +25.4
14:30 Canada Unemployment rate July 7.1% 7.0%
14:30 U.S. Nonfarm Productivity, q/q (Preliminary) Quarter II -3.2% +1.4%
14:30 U.S. Unit Labor Costs, q/q (Preliminary) Quarter II +5.7% +1.3%
16:00 U.S. Wholesale Inventories June +0.5% +0.6%