Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:30 Australia Import Price Index, q/q Quarter III -3.0% +0.3% -0.8%
00:30 Australia Export Price Index, q/q Quarter III -7.9% -4.8% -3.9%
01:00 Australia HIA New Home Sales, m/m September +3.3% 0.0%
07:00 Switzerland UBS Consumption Indicator September 1.28 Revised From 1.35 1.41
08:00 Switzerland KOF Leading Indicator October 99.3 99.2 99.8
08:55 Germany Unemployment Rate s.a. October 6.7% 6.7% 6.7%
08:55 Germany Unemployment Change October 9 Revised From 13 5 -22
10:00 Eurozone Business climate indicator October 0.02 Revised From 0.07 -0.01 0.05
10:00 Eurozone Economic sentiment index October 99.9 99.5 100.7
10:00 Eurozone Industrial confidence October -5.5 -5.8 -5.1
12:30 U.S. PCE price index, q/q Quarter III +2.3% +1.7% +1.2%
12:30 U.S. PCE price index ex food, energy, q/q Quarter III +2.1% Revised From +2.0% +1.4% +1.3%
12:30 U.S. GDP, q/q (Preliminary) Quarter III +4.6% +3.1% +3.5%
13:00 Germany CPI, m/m (Preliminary) October 0.0% 0.0% -0.3%
13:00 Germany CPI, y/y (Preliminary) October +0.8% +0.9% +0.8%
13:00 U.S. Fed Chairman Janet Yellen Speaks
The U.S. dollar traded lower against the most major currencies after the mixed U.S. economic data. The U.S. preliminary gross domestic product increased at an annual rate of 3.5% in the third quarter, beating expectations for a 3.1% gain, after a 4.6% rise in the second quarter.
The number of initial jobless claims in the week ending October 25 in the U.S. rose by 3,000 to 287,000. The previous week's figure was revised to 284,000 from 283.000. Analysts had expected a decline to 277.000.
The euro traded higher against the U.S. dollar. The number of unemployed people in Germany declined by 22,000 in October, beating expectations for a 5,000 increase, after a 9,000 gain in September. September's figure was revised down from a 13,000 rise.
Germany's adjusted unemployment rate remained unchanged at 6.7% in October, in line with expectations.
Germany's preliminary consumer price index declined 0.3% in October, after a flat reading in September. Analysts had expected the consumer price index to remain unchanged.
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 higher against the U.S. dollar. The KOF leading indicator rose to 99.8 in October from 99.3 in September, exceeding expectations for an increase to 99.2. September's figure was revised up from 99.1.
EUR/USD: the currency pair rose to $1.2613
GBP/USD: the currency pair increased to $1.6010
USD/JPY: the currency pair fell to Y108.84
The most important news that are expected (GMT0):
21:45 New Zealand Building Permits, m/m September 0.0%
23:30 Japan Unemployment Rate September 3.5% 3.6%
23:30 Japan Tokyo Consumer Price Index, y/y October +2.9%
23:30 Japan Household spending Y/Y September -4.7% -4.0%
23:30 Japan Tokyo CPI ex Fresh Food, y/y October +2.6% +2.5%
23:30 Japan National Consumer Price Index, y/y September +3.3% +3.0%
23:30 Japan National CPI Ex-Fresh Food, y/y September +3.1% +3.0%