Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:00 New Zealand Bank holiday
00:30 Australia RBA Monetary Policy Statement
05:00 Japan Leading Economic Index December 103.9 105.5 105.2
05:00 Japan Coincident Index December 109.2 110.7
07:00 Germany Industrial Production s.a. (MoM) December +0.1% +0.4% +0.1%
07:00 Germany Industrial Production (YoY) December -0.5% -0.7%
08:00 Switzerland Foreign Currency Reserves January 495.1 498.4
08:15 Switzerland Retail Sales Y/Y December -0.6% +0.4% +2.2%
09:30 United Kingdom Trade in goods December -9.2 Revised From -8.8 -9.0 -10.2
The U.S. dollar traded mixed to lower against the most major currencies ahead of the U.S. labour market data. The U.S. unemployment rate is expected to remain unchanged at 5.6% in January.
The U.S. economy is expected to add 231,000 jobs in January.
The euro traded mixed against the U.S. dollar as concerns over Greece's further bailout policy still weighed on the euro.
German industrial production increased 0.1% in December, missing forecasts of a 0.4% rise, after a 0.1% gain in November. November's figure was revised up from a 0.1% decrease.
The British pound traded mixed against the U.S. dollar after the weaker-than-expected U.K. trade data. The U.K. trade deficit increased to £10.2 billion in December from £9.3 billion in November, missing expectations for a deficit of £9.0 billion. November's figure was revised down from a deficit of £8.85 billion.
The Canadian dollar traded mixed against the U.S. dollar ahead of Canadian labour market data. The unemployment rate in Canada is expected to rise to 6.7% in January from 6.6% in December.
Canada's economy is expected to add 5,100 jobs in January.
The Swiss franc traded higher against the U.S. dollar. Retail sales in Switzerland increased at an annual rate of 2.2% in December, exceeding expectations for a 0.4% rise, after a 0.6% decline in November. November's figure was revised up from a 1.2% drop.
The Swiss National Bank's foreign exchange reserves increased to 498.398 billion Swiss francs in January from 495.130 billion francs in December. That might be the result of the Swiss National Bank's (SNB) intervention in currency markets last month.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair traded mixed
USD/JPY: the currency pair traded mixed
The most important news that are expected (GMT0):
13:30 Canada Building Permits (MoM) December -13.8% +4.5%
13:30 Canada Employment January -4.3 +5.1
13:30 Canada Unemployment rate January 6.6% 6.7%
13:30 U.S. Average hourly earnings January -0.2% +0.3%
13:30 U.S. Nonfarm Payrolls January 252 231
13:30 U.S. Unemployment Rate January 5.6% 5.6%