(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual
00:01 United Kingdom Rightmove House Price Index (MoM) December -1.7% -3.3%
00:01 United Kingdom Rightmove House Price Index (YoY) December +8.5% +7.0%
00:30 Australia New Motor Vehicle Sales (MoM) November -1.6% -0.6%
00:30 Australia New Motor Vehicle Sales (YoY) November -0.5% -3.8%
The greenback traded mixed to weaker against its major peers after its recent gains. Markets await data on the Industrial Production, Capcity Utilisation and the NAHB Housing Market index later in the day and the FED's interest rate decision on Wednesday.
The Australian dollar recovered from early losses trading at the lowest since June 2010 after commodities slumped and a hostage situation in a café in Sydney's financial district where a black flag with Arabic writing was placed in a window. New Motor Vehicle Sales in November declined -0.6%, with a reading for October of -1.6%. Data for the whole year showed a decline of -3.8%.
New Zealand's dollar further declined after its recent rally against the U.S. dollar. Markets are looking forward to the release of the GDP data on Wednesday.
The Japanese yen rose against in the U.S. dollar after Prime Minister Shinzo Abe led his ruling coalitition to a landslide victory at this weekend's snap elections securing a two-third majority of the lower house of parliament now controlling 325 of the 475 seats. The outcome of the elections backs up Prime Minister Abe's "Abenomics", his structural reforms and monetary and fiscal stimulus which are likely to weigh on the yen in the long term. Yesterday BoJ Tankan. Manufacturing Index declined from 13 to a reading of 12 whereas the BoJ Tankan. Non-Manufacturing Index climbed from 13 to 16 giving a mixed picture.
EUR/USD: the euro added against the greenback
The most important news that are expected (GMT0):
(time / country / index / period / previous value / forecast)
08:15 Switzerland Producer & Import Prices, m/m November -0.1% +0.2%
08:15 Switzerland Producer & Import Prices, y/y November -1.1%
11:00 United Kingdom CBI industrial order books balance December 3 3
11:00 Germany Bundesbank Monthly Report
13:30 U.S. NY Fed Empire State manufacturing index November 10.2 12.1
14:15 U.S. Industrial Production (MoM) November -0.1% +0.8%
14:15 U.S. Capacity Utilization November 78.9% 79.4%
15:00 U.S. NAHB Housing Market Index December 58 59
21:00 U.S. Net Long-term TIC Flows October 164.3 72.8
21:00 U.S. Total Net TIC Flows October -55.6