Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
01:30 Australia Unemployment rate July 6.0% 6.0% 6.4%
01:30 Australia Changing the number of employed July 15.9 13.5 -0.3
05:45 Switzerland SECO Consumer Climate Quarter II 1 4 -1
06:00 Germany Industrial Production s.a. (MoM) June -1.7% Revised From -1.8% +1.4% +0.3%
06:00 Germany Industrial Production (YoY) June +1.1% Revised From +1.3% -0.5%
06:45 France Trade Balance, bln June -5.1 Revised From -4.9 -5.0 -5.4
07:00 Switzerland Foreign Currency Reserves July 449.6 453.4
11:00 United Kingdom Asset Purchase Facility 375 375 375
11:00 United Kingdom BoE Interest Rate Decision 0.50% 0.50% 0.50%
11:00 United Kingdom MPC Rate Statement
11:45 Eurozone ECB Interest Rate Decision 0.15% 0.15% 0.15%
The U.S. dollar traded mixed against the most major currencies ahead of the number of initial jobless claims in the U.S. The number of initial jobless claims in the U.S. is expected to climb by 3,000 to 305,000.
The euro traded little changed against the U.S. dollar after the European Central Bank's decision. The ECB kept its interest rate unchanged at 0.15%.
Germany's industrial production climbed 0.3% in June, after a 1.7% decline in May, but missing expectations for a 1.4% rise. May's figure was revised up from a 1.8% fall.
France's trade deficit widened to 5.4 billion euro in June from a deficit of 5.1 billion euro in May, missing forecasts of a decline to 5.0 billion euro deficit. May's figure was revised down from a deficit of 4.9 billion euro.
The British pound fell against the U.S. dollar after the Bank of England's interest decision. The BoE kept its interest rate at 0.50%. This decision was expected by analysts.
The BoE's asset purchase facility program remained at £375 billion. This decision was also expected by analysts.
The Swiss franc traded mixed against the U.S. dollar. Switzerland's foreign currency reserves increased to 453.4 billion Swiss francs in July from 449.6 billion in June.
SECO consumer climate index declined to -1 in the second quarter from 1 in the previous quarter, missing expectations for a rise to 4.
EUR/USD: the currency pair declined to $1.3364
GBP/USD: the currency pair fell to $1.6833
USD/JPY: the currency pair decreased to Y102.19
The most important news that are expected (GMT0):
12:30 Eurozone ECB Press Conference
12:30 Canada Building Permits (MoM) June +13.8% -1.8%
12:30 U.S. Initial Jobless Claims July 302 305
14:00 Canada Ivey Purchasing Managers Index July 46.9 54.1
23:50 Japan Current Account (adjusted), bln June 384.6 110.0