Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
06:30 France GDP, q/q (Preliminary) Quarter III -0.1% Revised From 0.0% +0.1% +0.3%
06:30 France GDP, Y/Y (Preliminary) Quarter III +0.1% +0.6% +0.4%
07:00 Germany GDP (QoQ) (Preliminary) Quarter III -0.1% Revised From -0.2% +0.1% +0.1%
07:00 Germany GDP (YoY) (Preliminary) Quarter III +0.8% +1.0% +1.2%
07:45 France Non-Farm Payrolls (Preliminary) Quarter III +0.1% +0.2% -0.2%
10:00 Eurozone Harmonized CPI October +0.4% 0.0% 0.0%
10:00 Eurozone Harmonized CPI, Y/Y (Finally) October +0.4% +0.4% +0.4%
10:00 Eurozone Harmonized CPI ex EFAT, Y/Y October +0.8% +0.7% +0.7%
10:00 Eurozone GDP (QoQ) (Preliminary) Quarter III +0.1% Revised From 0.0% +0.1% +0.2%
10:00 Eurozone GDP (YoY) (Preliminary) Quarter III +0.8% +0.6% +0.8%
The U.S. dollar traded mixed against the most major currencies ahead of the U.S. retail sales and Reuters/Michigan consumer sentiment index. U.S. retail sales are expected to rise 0.2% in October, after a 0.3% decline in September.
Retail sales excluding automobiles are expected to climbs 0.2% in October, after a 0.2% fall in September.
The preliminary Reuters/Michigan consumer sentiment index is expected to increase to 87.3 in November from 86.9 in October.
The euro traded mixed against the U.S. dollar after the economic data from the Eurozone. Eurozone's consumer price index was flat in October, in line with expectations, after a 0.4% gain in September.
On a yearly basis, Eurozone's consumer price inflation remained unchanged at 0.4% in October, in line with expectations.
Eurozone's consumer price inflation excluding food, energy, alcohol and tobacco fell to an annual rate of 0.7% in October from 0.8% in September.
Eurozone's preliminary gross domestic product (GDP) increased 0.2% in the third quarter, exceeding expectations for a 0.1% rise, after a 0.1% gain in the second quarter.
Germany's preliminary GDP gained 0.1% in the third quarter, in line with expectations, after a 0.1% decline in the second quarter. The second quarter's figure was revised up from a 0.2% drop.
France's preliminary GDP increased 0.3% in the third quarter, beating expectations for a 0.1% gain, after a 0.1% decrease in the previous quarter. The second quarter's figure was revised down from a flat reading.
The British pound traded lower against the U.S. dollar after the U.K. construction output. The U.K. construction output rose 1.8% in September, after a revised 3.0% drop in August.
The Canadian dollar traded mixed against the U.S. dollar ahead Canadian manufacturing shipments. Canada's manufacturing shipments are expected to rise 1.3% in September, after a 3.3% drop in August.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair fell to $1.5645
USD/JPY: the currency pair climbed to Y116.48
The most important news that are expected (GMT0):
13:30 Canada Manufacturing Shipments (MoM) September -3.3% +1.3%
13:30 U.S. Retail sales October -0.3% +0.2%
13:30 U.S. Retail sales excluding auto October -0.2% +0.2%
14:45 U.S. Reuters/Michigan Consumer Sentiment Index (Preliminary) November 86.9 87.3
15:00 U.S. Business inventories September +0.2% +0.3%
15:00 U.S. Mortgage Delinquencies Quarter III 6.04%