Economic calendar (GMT0):
Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual
01:30 Australia New Motor Vehicle Sales (MoM) July 3.8% -1.3%
01:30 Australia New Motor Vehicle Sales (YoY) July 4.0% 3.7%
01:30 Australia RBA Meeting's Minutes
The U.S. dollar traded in a narrow range after it had advanced against the euro and the sterling as investors focused on monetary policies and interest rates of central banks. New data will be closely watched by investors, who need to see new signs of improvements in the U.S. economy. U.S. consumer price index and Fed Meeting Minutes will be published on Wednesday.
The pound traded in a narrow range ahead of inflation and retail sales data. According to a median forecast, the index of retail price fell by 0.1% in July compared to a 0.2% increase in June. This report may weigh on the GBP.
The Australian dollar slightly advanced after the Reserve Bank of Australia published minutes of its latest meeting. The central bank noted positive changes in the economy helped by a weaker AUD.
EUR/USD: the pair fluctuated within $1.1070-80 in Asian trade
USD/JPY: the pair traded within Y124.35-50
GBP/USD: the pair traded within $1.5575-95
The most important news that are expected (GMT0):
(time / country / index / period / previous value / forecast)
08:30 United Kingdom Retail Price Index, m/m July 0.2% -0.1%
08:30 United Kingdom Retail prices, Y/Y July 1% 1%
08:30 United Kingdom Producer Price Index - Input (MoM) July -1.3% -1.9%
08:30 United Kingdom Producer Price Index - Input (YoY) July -12.6% -12.7%
08:30 United Kingdom Producer Price Index - Output (MoM) July 0% -0.1%
08:30 United Kingdom Producer Price Index - Output (YoY) July -1.5% -1.5%
08:30 United Kingdom HICP, m/m July 0.0% -0.3%
08:30 United Kingdom HICP, Y/Y July 0.0% 0%
08:30 United Kingdom HICP ex EFAT, Y/Y July 0.8%
12:30 U.S. Housing Starts July 1174 1190
12:30 U.S. Building Permits July 1343 1232
20:30 U.S. API Crude Oil Inventories August -0.85
22:45 New Zealand PPI Input (QoQ) Quarter II -1.1%
22:45 New Zealand PPI Output (QoQ) Quarter II -0.9%
23:50 Japan Trade Balance Total, bln July -69.0 -56.7