Economic calendar (GMT0):
Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual
04:30 Japan All Industry Activity Index, m/m August 0.2% -0.2%
The euro rose against the U.S. dollar amid data on loans in the single currency area. Data showed that banks made more efforts lending to companies using cheap liquidity available due to ECB's asset purchase program. These data suggest that the QE program stimulates economic growth and further monetary policy easing might not be necessary.
The yen slightly declined amid Japanese September international trade data. Exports rose by 0.6% vs 3.4% expected. Exports to China fell by 3.5% after a 4.6% decline in August. Imports fell by 11.1%. Declines in exports might intensify expectations for a monetary policy easing when Bank of Japan Board members meet on October 30.
The New Zealand dollar continued declining amid weaker-than-expected results of the GlobalDairyTrade auction. Global dairy prices declined by 3.1% after rising for four straight auctions before.
EUR/USD: the pair rose to $1.1365 in Asian trade
USD/JPY: the pair rose to Y120.00
GBP/USD: the pair traded within $1.5435-45
The most important news that are expected (GMT0):
(time / country / index / period / previous value / forecast)
08:30 United Kingdom PSNB, bln September -11.31 -9.4
11:00 U.S. MBA Mortgage Applications October -27.6%
14:00 Canada Bank of Canada Rate 0.5% 0.5%
14:00 Canada BOC Rate Statement
14:30 U.S. Crude Oil Inventories October 7.562 3.65
15:15 Canada BOC Press Conference
17:30 U.S. FOMC Member Jerome Powell Speaks
22:45 Australia RBA Assist Gov Edey Speaks