Economic calendar (GMT0):

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

05:00 Japan Leading Economic Index January 105.3 Revised From 105.6 105.9 105.1

05:00 Japan Coincident Index January 110.6 Revised From 110.7 113

07:00 Germany Industrial Production s.a. (MoM) January +1.0% Revised From +0.1% +0.6% +0.6%

07:00 Germany Industrial Production (YoY) January +0.5% Revised From -0.7% +0.9%

07:45 France Trade Balance, bln January -3.4 -3.7

08:00 Switzerland Foreign Currency Reserves February 498.4 509.3

08:15 Switzerland Consumer Price Index (MoM) February -0.4% +0.1% -0.3%

08:15 Switzerland Consumer Price Index (YoY) February -0.5% -0.6% -0.8%

09:30 United Kingdom Consumer Inflation Expectations Quarter I +2.5% +1.9%

10:00 Eurozone GDP (QoQ) (Revised) Quarter IV +0.3% +0.3% +0.3%

10:00 Eurozone GDP (YoY) (Revised) Quarter IV +0.8% +0.9% +0.9%

The U.S. dollar traded mixed against the most major currencies ahead of the U.S. labour market data. The U.S. unemployment rate is expected to decline to 5.6% in February from 5.7% in January. The U.S. economy is expected to add 241,000 jobs in February.

The U.S. trade deficit is expected to narrow to $41.6 billion in January from $46.6 billion in December.

The euro fell against the U.S. dollar. The euro remained under pressure after yesterday's comments by the ECB President Mario Draghi. The European Central Bank (ECB) President Mario Draghi said at the press conference on Thursday that the central bank will start its 60 billion euro-a-month bond purchases on March, 9. He noted that the ECB will buy euro-dominated public sector securities in the secondary market, and it will also continue to purchase asset-backed securities and covered bonds.

Eurozone's revised gross domestic product (GDP) rose 0.32% in fourth quarter, in line with expectations and matching an initial estimate.

On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 0.9% in fourth quarter, in line with expectations, up from an initial estimate of 0.8%.

German industrial production increased 0.6% in January, in line with expectations, after a 1.0% gain in December. December's figure was revised up from a 0.1% increase.

The British pound traded lower against the U.S. dollar after consumer inflation expectations from the U.K. Consumer inflation expectations for the coming year in the UK declined to 1.9% in February from 2.5% in November. That was the lowest level since late 2001.

The Canadian dollar traded higher against the U.S. dollar ahead of Canadian economic data. Building permits in Canada are expected to climb 5.5% in January, after a 7.7% rise in December.

The Canadian trade deficit is expected to narrow to a surplus of C$0.3 billion in January from a deficit of C$0.65 billion in December.

Canadian labour productivity is expected to rise 0.2% in the fourth quarter, after a 0.1% increase in the third quarter.

The Swiss franc traded lower against the U.S. dollar after the weak consumer price inflation from Switzerland. Switzerland's consumer price index dropped 0.3% in February, missing expectations for a 0.1% rise, after a 0.4% decline in January.

The decline was driven by a decrease in petrol and diesel fuel, groceries, and package holidays.

On a yearly basis, Switzerland's consumer price index declined to -0.8% in February from -0.5% in January, missing expectations for a 0.6% drop. That was the since June 2012.

The Swiss National Bank's foreign exchange reserves increased to 509.250 billion Swiss francs in February from 498.463 billion francs in January. January's figure was revised up from 498.398 billion francs.

The increase was likely driven by a decline in the Swiss franc.

The SNB declined to comment if it may have intervened.

EUR/USD: the currency pair fell to $1.0929

GBP/USD: the currency pair declined to $1.5160

USD/JPY: the currency pair decreased to Y119.93

The most important news that are expected (GMT0):

13:30 Canada Building Permits (MoM) January +7.7% +5.5%

13:30 Canada Trade balance, billions January -0.6 0.3

13:30 Canada Labor Productivity Quarter IV +0.1% +0.2%

13:30 U.S. International Trade, bln January -46.6 -41.6

13:30 U.S. Average hourly earnings February +0.5% +0.2%

13:30 U.S. Nonfarm Payrolls February 257 241

13:30 U.S. Unemployment Rate February 5.7% 5.6%