Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
06:00 France Bank holiday
08:30 United Kingdom GDP, q/q (Revised) Quarter II +0.8% +0.8% +0.8%
08:30 United Kingdom GDP, y/y (Revised) Quarter II +3.1% +3.1% +3.2%
The U.S. dollar traded mixed to lower against the most major currencies. Yesterday's disappointing the number of initial jobless claims in the U.S. weighed on the U.S. currency. The number of initial jobless claims in the week ending August 9 rose by 21,000 to 311,000 from 290,000 in the previous week.
The New Zealand dollar traded mixed against the U.S dollar in the absence of any major economic reports in New Zealand.
The Australian dollar rose against the U.S. dollar due to yesterday's weaker-than-expected number of initial jobless claims in the U.S. No major economic reports were released in Australia.
The Japanese yen traded mixed against the U.S. dollar in absence of any major economic reports in Japan.
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):
12:30 Canada Manufacturing Shipments (MoM) June +1.6% +0.5%
12:30 U.S. PPI, m/m July +0.4% +0.1%
12:30 U.S. PPI, y/y July +1.9% +1.8%
12:30 U.S. PPI excluding food and energy, m/m July +0.2% +0.2%
12:30 U.S. PPI excluding food and energy, Y/Y July +1.8% +1.6%
12:30 U.S. NY Fed Empire State manufacturing index August 25.6 20.3
13:00 U.S. Total Net TIC Flows June 19.4 27.3
13:00 U.S. Net Long-term TIC Flows June 35.5
13:15 U.S. Industrial Production (MoM) July +0.2% +0.3%
13:15 U.S. Capacity Utilization July 79.1% 79.2%
13:55 U.S. Reuters/Michigan Consumer Sentiment Index (Preliminary) August 81.3 82.7