Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:00 China Bank holiday
01:00 Australia HIA New Home Sales, m/m August -5.7%
01:30 Australia Building Permits, y/y August +9.4% +14.5%
01:30 Australia Building Permits, m/m August +2.5% +1.1% +3.0%
01:30 Australia Trade Balance August -1.36 -0.78 -0.79
05:15 Australia RBA Annual Report
08:30 United Kingdom PMI Construction September 64.0 63.7 64.2
09:00 Eurozone Producer Price Index, MoM August -0.1% -0.2% -0.1%
09:00 Eurozone Producer Price Index (YoY) August -1.1% -1.1% -1.4%
11:45 Eurozone ECB Interest Rate Decision 0.05% 0.05% 0.05%
The U.S. dollar traded mixed to higher against the most major currencies ahead of the number of initial jobless claims and factory orders in the U.S. The number of initial jobless claims is expected to climb by 6,000 to 299,000.
Factory orders in the U.S. are expected to drop 9.2% in August, after a 10.5% gain in July.
The euro traded mixed against the U.S. dollar ahead of the European Central Bank's press conference. The European Central Bank kept its interest rate unchanged at 0.05%.
Investors are awaiting the release the size of the ECB's asset-buying program.
Eurozone's producer price index fell 0.1% in August, beating forecasts for a 0.2% drop, after a 0.2% decline in July. July's figure was revised down from a 0.1% decrease.
The British pound dropped against the U.S. dollar despite the better-than-expected construction purchasing managers' index from U.K. The U.K. construction purchasing managers' index rose to 64.2 in September from 64.0 in August. Analysts had expected the index to decline to 63.7.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair fell to $1.6127
USD/JPY: the currency pair traded mixed
The most important news that are expected (GMT0):
12:30 Eurozone ECB Press Conference
12:30 U.S. Initial Jobless Claims September 293 299
14:00 U.S. Factory Orders August +10.5% -9.2%