Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

00:00 Australia Consumer Inflation Expectation September +3.5% 3.4%

02:00 Australia RBA Assist Gov Debelle Speaks

02:00 China New Loans September 703 750 857.2

05:45 Switzerland SECO Economic Forecasts Quarter IV

The U.S. dollar traded mixed against the most major currencies on comments. The greenback dropped yesterday due to disappointing U.S. economic data. The U.S. retail sales declined 0.3% in September, missing expectations for a 0.1% drop, after a 0.6% gain in August.

The U.S. PPI fell 0.1% in September, missing expectations for a 0.1% gain, after a flat reading in August.

The NY Fed Empire State manufacturing index decreased to 6.2 in September from 27.5 in August. Analysts had expected the index to decline to 20.3.

The New Zealand dollar traded mixed against the U.S. dollar. The Business NZ performance of manufacturing index (PMI) rose to 58.1 in September from 57.0 in August. August's figure was revised up from 56.5.

The Australian dollar traded lower against the U.S. dollar. Australia's Consumer Inflation Expectation declined to 3.4% in September from 3.5% in August.

The Japanese yen traded slightly lower against the U.S. dollar in the absence of any major economic reports from Japan.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair declined to $1.5949

USD/JPY: the currency pair rose to Y106.22

The most important news that are expected (GMT0):

09:00 Eurozone Harmonized CPI September +0.1% +0.4%

09:00 Eurozone Harmonized CPI, Y/Y (Finally) September +0.3% +0.3%

09:00 Eurozone Harmonized CPI ex EFAT, Y/Y September +0.7% +0.7%

09:00 Eurozone Trade Balance s.a. August 12.2 13.5

10:00 Eurozone ECB's Jens Weidmann Speaks

12:00 U.S. FOMC Member Charles Plosser Speaks

12:30 Canada Manufacturing Shipments (MoM) August +2.5% -1.6%

12:30 Canada Foreign Securities Purchases July 5.30 4.31

12:30 U.S. Initial Jobless Claims October 287 286

13:15 U.S. Industrial Production (MoM) September -0.1% +0.4%

13:15 U.S. Capacity Utilization September 78.8% 79.0%

14:00 U.S. Philadelphia Fed Manufacturing Survey October 22.5 19.9

14:00 U.S. FOMC Member Narayana Kocherlakota

14:00 U.S. NAHB Housing Market Index October 59 59

20:00 U.S. Net Long-term TIC Flows August -18.6 23.3

20:00 U.S. Total Net TIC Flows August 57.7