The euro rose against the dollar after weak U.S. data on manufacturing activity in the United States . The index of business activity in the U.S. industry from Markit in January , according to final data , fell to 53.7 , below the 11 -month high of 55.0 in December. January's value was the lowest since October , but the index remained above the level of 50.0, which is neutral. This points to the continued improvement of business conditions .

In turn, data from the Institute for Supply Management (ISM), published on Monday, suggests that manufacturing activity in the U.S. in January, has stalled due to lower inventories . According to the report , the Purchasing Managers Index (PMI) for the manufacturing the United States in January fell to 51.3 from 56.5 in December. Index value above 50 indicates growth in the sector of activity . Economists had expected the index in January was 56.2 .

Earlier support Eurocurrency have data showing that the eurozone manufacturing sector grew last month, slightly more than originally expected . According to the report , the final purchasing managers index , which assesses activity in the manufacturing sector rose to 54 points in January , compared with the initial assessment at the level of 53.9 points , and the final reading for December at 52.7 points . We add that the last value was the highest since May 2011. Manufacturing PMI increased in each of the last four months and demonstrates an extension to July last year.

Pound declined significantly against the dollar, which was caused by the publication of weak data on Britain. Recent research results that were announced earlier today by Markit Economics and Chartered Institute, showed that UK manufacturing index fell slightly last month , beating forecasts while most experts . Nevertheless , despite the recession , the manufacturing sector continued to expand in January , reflecting the improvement in output and new orders growth . According to the report , the seasonally adjusted purchasing managers' index for the manufacturing sector fell last month to a level of 56.7 points , compared with a revised figure for December at the level of 57.2 points in December . Economists expected the index to decline to 57.1 from 57.3 points in December , which was originally reported. Although PMI is now and is at its lowest level in the last three months , it is still significantly higher than the average - at the level of 51.3 points.

European stocks declined, following their worst start to a year since 2010, as Lloyds Banking Group Plc dragged a gauge of banks lower and a report showed U.S. manufacturing expanded at the slowest pace in eight months.

The Stoxx Europe 600 Index fell 1.3 percent to 318.21 at the close of trading, dropping to its lowest level in six weeks. The benchmark slid 1.8 percent in January. It has slumped 5.3 percent from a six-year high on Jan. 22 as the Argentinian government’s decision to allow the peso to devalue triggered a rout in emerging-market currencies.

In the U.S., the Institute for Supply Management said its manufacturing gauge fell to 51.3 in January from a revised 56.5 in December. Economists surveyed by Bloomberg had projected the index would drop to 56. Numbers above 50 mean activity climbed.

In China, a release showed manufacturing output slowed in January to its lowest level in six months. The purchasing managers’ index fell to 50.5 from 51, the National Bureau of Statistics and China Federation of Logistics and Purchasing said Feb. 1. A separate report today showed British manufacturing also expanded last month at a slower pace than in December, missing the median economist prediction.

National benchmark indexes fell in 14 of the 18 western-European markets today. Germany’s DAX slid 1.3 percent and France’s CAC 40 retreated 1.4 percent, while the U.K.’s FTSE 100 declined 0.7 percent.

Lloyds retreated 4 percent to 79.99 pence. The lender, which is 33 percent-owned by the U.K. government, also said it will not apply to the Prudential Regulatory Authority to resume dividend payouts until the second half of this year.

Julius Baer Group Ltd. declined 5.9 percent to 41.44 Swiss francs after saying net new money climbed 4 percent to 7.6 billion francs ($8.4 billion) in 2013. The wealth manager said in November that it would target annualized growth of 4 percent to 6 percent.

Colruyt slumped 8.8 percent to 38.41 euros. The Belgian discount food retailer said it will report a smaller profit for the year ending March 31 because sales growth has slowed in the last three months and the company has lost market share. It had predicted in November that profit would remain little changed. Colruyt reports its annual financial results on June 23.

Dufry AG declined 2.9 percent to 138.20 francs. Citigroup Inc. lowered its rating on the operator of duty-free shops to sell from neutral. Analyst Mauro Baragiola said passengers from Argentina, Brazil, Turkey and Ukraine may spend less in dollars or euros because their home currencies have slumped. The shares retreated 9.1 percent in January.

Randgold Resources Ltd. rose 6.3 percent to 4,455 pence, its biggest gain since September. Gold production increased 15 percent in 2013, while costs fell 3 percent to $715 per ounce, the company said in a statement.

West Texas Intermediate crude fell for a second day after manufacturing gauges in China and the U.S. dropped, signaling reduced fuel demand.

Futures decreased as much as 1 percent. The Institute for Supply Management’s U.S. factory index dropped more than forecast last month. China’s Purchasing Managers’ Index slipped to a six-month low in January, a sign that government efforts to rein in credit will cool growth in the biggest oil-consuming country after the U.S. WTI’s discount to Brent shrank to the narrowest level since October today.

WTI for March delivery dropped 94 cents, or 1 percent, to $96.55 a barrel at 11:13 a.m. on the New York Mercantile Exchange. The volume of all futures traded was 13 percent above the 100-day average.

Brent for March settlement decreased 99 cents, or 0.9 percent, to $105.41 a barrel on the London-based ICE Futures Europe exchange. The volume of all futures traded was 7.6 higher than the 100-day average.

The European benchmark’s premium to WTI narrowed to as little at $8.09, the least since Oct. 18 on an intraday basis.

The price of gold is growing at a weaker dollar after weak data on manufacturing activity in the United States .

Manufacturing activity in the U.S. in January, has stalled due to lower inventories . This is according to the Institute for Supply Management (ISM), published on Monday . According to the report , the Purchasing Managers Index (PMI) for the manufacturing the United States in January fell to 51.3 from 56.5 in December. Index value above 50 indicates growth in the sector of activity . Economists had expected the index in January was 56.2 .

Another indicator of manufacturing activity , the index of business activity in the U.S. industry from Markit in January , according to final data , fell to 53.7 , below the 11 -month high of 55.0 in December. January's value was the lowest since October , but the index remained above the level of 50.0, which is neutral. This points to the continued improvement of business conditions .

At the same time, some experts attribute the increase in demand for the precious metal to concerns about the economies of developing countries. "At this point, investors will focus on the problems of emerging markets , which supported the gold price in a few weeks ," - said Bank of America analyst Michael Widmer .

The cost of the April gold futures on the COMEX today rose to $ 1264.70 per ounce.

U.S. stock-index futures were little changed, as investors awaited a report on manufacturing in the world’s biggest economy.

Global markets:

Nikkei 14,619.13 -295.40 -1.98%

FTSE 6,524.88 +14.44 +0.22%

CAC 4,155.98 -9.74 -0.23%

DAX 9,283.26 -23.22 -0.25%

Crude oil $97.55 (+0.06%)

Gold $1245.80 (+0.48%).

USD/JPY Y102.00, Y102.45, Y102.50, Y102.75, Y103.00, Y103.50

EUR/USD $1.3500, $1.3600

GBP/USD $1.6500

EUR/GBP stg0.8020, stg0.8035

USD/CHF Chf0.8850, Chf0.8900, Chf0.8925, Chf0.9000, Chf0.9040, Chf0.9050

EUR/CHF Chf1.2295

AUD/USD $0.8660, $0.8700, $0.8750, $0.8820, $0.8850, $0.8870, $0.8900

AUD/JPY Y88.50, Y89.00, Y90.60

NZD/USD $0.8350

USD/CAD C$1.1050, C$1.1150

Data

00:00 China Bank holiday

00:30 Australia Building Permits, m/m December -0.3% Revised From -1.5% -0.3% -2.9%

00:30 Australia Building Permits, y/y December +23.6% Revised From +22.2% +21.8%

00:30 Australia ANZ Job Advertisements (MoM) January -0.8% Revised From -0.8% -0.3%

01:00 China Non-Manufacturing PMI January 54.6 53.4

05:30 Australia RBA Commodity prices, y/y January -4.0% -9.9%

08:30 Switzerland Manufacturing PMI January 53.9 55.1 56.1

08:48 France Manufacturing PMI (Finally) January 48.8 48.8 49.3

08:53 Germany Manufacturing PMI (Finally) January 56.3 56.3 56.5

08:58 Eurozone Manufacturing PMI (Finally) January 53.9 53.9 54.0

09:30 United Kingdom Purchasing Manager Index Manufacturing January 57.3 57.1 56.7

12:00 Eurozone ECB’s Vitor Constancio Speaks

The euro exchange rate is traded slightly higher against the dollar. Positive data for the euro area had considerable support Eurocurrency , but even they were not enough to hold near session highs . As it became known , the manufacturing sector grew in the eurozone last month a little more than originally expected . This was stated in the data that were presented today Markit Economics. According to the report , the final purchasing managers index , which assesses activity in the manufacturing sector rose to 54 points in January, compared with the initial assessment at the level of 53.9 points , and the final reading for December at 52.7 points . We add that the last value was the highest since May 2011. Manufacturing PMI increased in each of the last four months and demonstrates an extension to July last year.

Pound declined significantly against the dollar, which was caused by the publication of weak data on Britain. Recent research results that were announced earlier today by Markit Economics and Chartered Institute, showed that UK manufacturing index fell slightly last month , beating forecasts while most experts . Nevertheless , despite the recession , the manufacturing sector continued to expand in January , reflecting the improvement in output and new orders growth . According to the report , the seasonally adjusted purchasing managers' index for the manufacturing sector fell last month to a level of 56.7 points , compared with a revised figure for December at the level of 57.2 points in December . Economists expected the index to decline to 57.1 from 57.3 points in December , which was originally reported. Although PMI is now and is at its lowest level in the last three months , it is still significantly higher than the average - at the level of 51.3 points.

EUR / USD: during the European session, the pair rose to $ 1.3518 , then dropped to $ 1.3495

GBP / USD: during the European session, the pair fell to $ 1.6320

USD / JPY: during the European session, the pair fell to Y101.65, but then recovered to Y102.10

At 13:30 GMT , Canada will present the raw material price index for December and 14:30 GMT - PMI index for the manufacturing of RBC in January . At 15:00 GMT the U.S. will release the ISM manufacturing index for January. At 23:50 GMT , Japan will announce to the change in the monetary base in January .

European stocks declined, following their worst start to a year since 2010, as Lloyds Banking Group Plc dragged a gauge of banks lower. U.S. index futures were little changed, while Asian shares fell.

The Stoxx Europe 600 Index retreated 0.4 percent to 321.16 at 9:19 a.m. in London, erasing an advance of as much as 0.4 percent. The Stoxx 600 declined 1.8 percent last month. The equity gauge has slumped 4.2 percent from its six-year high on Jan. 22 as the Argentinian government’s decision to allow the peso to devalue triggered a rout in emerging-market currencies. The benchmark fell 0.7 percent last week.

In China, a manufacturing gauge showed output slowed in January to its lowest level in six months. The purchasing managers’ index fell to 50.5 from 51, the National Bureau of Statistics and China Federation of Logistics and Purchasing said Feb. 1. Numbers above 50 mean activity increased. A separate report today showed output from services industries in the world’s second-largest economy also cooled last month.

Lloyds retreated 2.4 percent to 81.3 pence. The lender, which is 33 percent-owned by the U.K. government, also said it will not apply to the Prudential Regulatory Authority to resume dividend payouts until the second half of this year.

Julius Baer Group Ltd. declined 2.8 percent to 42.80 francs after saying net new money climbed 4 percent to 7.6 billion francs ($8.4 billion) in 2013. The Swiss wealth manager said in November that it would target annualized growth of 4 percent to 6 percent.

Colruyt SA slumped 8.7 percent to 38.42 euros, its biggest decline in more than two years. The Belgian discount food retailer said it will report a smaller profit for the current financial year because sales growth has slowed in the last three months and the company has lost market share. Colruyt reports its annual financial results on June 23.

Dufry AG (DUFN) declined 2.6 percent to 138.60 Swiss francs after Citigroup Inc. lowered its rating on the operator of duty-free shops to sell from neutral. The shares retreated 9.1 percent in January to close at a three-month low.

FTSE 100 6,496.63 -13.81 -0.21%

CAC 40 4,144.82 -20.90 -0.50%

DAX 9,247.18 -59.30 -0.64%

USD/JPY Y102.00, Y102.45, Y102.50, Y102.75, Y103.00, Y103.50

EUR/USD $1.3500, $1.3600

GBP/USD $1.6500

EUR/GBP stg0.8020, stg0.8035

USD/CHF Chf0.8850, Chf0.8900, Chf0.8925, Chf0.9000, Chf0.9040, Chf0.9050

EUR/CHF Chf1.2295

AUD/USD $0.8660, $0.8700, $0.8750, $0.8820, $0.8850, $0.8870, $0.8900

AUD/JPY Y88.50, Y89.00, Y90.60

NZD/USD $0.8350

USD/CAD C$1.1050, C$1.1150

Asian stocks fell, with Japan’s Nikkei 225 Stock Average extending its slump from its close on the final day of 2013 to 10 percent, after a slowdown in Chinese manufacturing growth added to concern the global economic recovery is faltering.

Nikkei 225 14,619.13 -295.40 -1.98%

S&P/ASX 200 5,187.91 -2.09 -0.04%

Shanghai Composite 2,033.08 -16.83 -0.82%

Hokkaido Electric Power Co. slumped 9 percent, leading losses on the MSCI Asia Pacific Index, as the Japanese utility forecast a full-year loss.

Treasury Wine Estates Ltd. sank 3.6 percent in Sydney, extending last week’s 20 percent decline after the maker of Penfolds Grange wine said earnings fell.

Fanuc Corp. advanced 3.3 percent in Tokyo after orders at the factory-robotics maker topped projections.

00:00 China Bank holiday

00:30 Australia Building Permits, m/m December -1.5% -0.3% -2.9%

00:30 Australia Building Permits, y/y December +22.2% +21.8%

00:30 Australia ANZ Job Advertisements (MoM) January -0.7% -0.3%

01:00 China Non-Manufacturing PMI January 54.6 53.4

05:30 Australia RBA Commodity prices, y/y January -4.0% -9.9%

The euro was 0.1 percent from its lowest level in more than two months on concern weakening inflation pressures in the region will prompt the European Central Bank to ease monetary policy. Euro-area consumer prices climbed an annual 0.7 percent last month after a 0.8 percent advance in December, the European Union’s statistics office said last week. That’s the fourth consecutive reading of less than 1 percent while the ECB aims to keep inflation at just under 2 percent.

The yen declined following its biggest monthly gain in almost two years before Bank of Japan Deputy Governor Kikuo Iwata speaks on Feb. 6 amid prospects the BOJ will persist with monetary stimulus. Iwata said in October that the BOJ will continue to buy bonds until its 2 percent inflation target is achieved. In contrast, the Federal Reserve is projected to end its asset-purchase program this year, according to analysts in a Jan. 10 Bloomberg survey. It announced on Jan. 29 that it will trim its monthly bond buying by $10 billion to $65 billion.

Australia’s dollar held gains from last week before the nation’s central bank sets interest rates tomorrow. Swaps trades show more than 90 percent odds the Reserve Bank of Australia will keep rates unchanged at 2.5 percent tomorrow. The central bank has cut the benchmark by 2.25 percentage points starting November 2011 to spur the domestic economy as it adjusts to the end of a record mining boom.

EUR / USD: during the Asian session, the pair traded in the range of $ 1.3480-95

GBP / USD: during the Asian session, the pair traded in the range of $ 1.6420-35

USD / JPY: during the Asian session, the pair rose to Y102.40

There is a full calendar Monday, the day that ushers in a new regime at the Federal Reserve, with the market set to see a host of final manufacturing PMI data. The European calendar gets underway at 0800GMT, with the release of French January car registrations and Spain's January unemployment data. Also at 0800GMT, Spanish Finance Minister de Guindos is slated to speak in Madrid. The main euro area PMI releases kick off at 0813GMT, when Spanish January final manufacturing numbers will be released. Italian numbers are set to be released at 0843GMT, France at 0848GMT, Germany at 0853GMT and Euro area data at 0858GMT. The amalgamated euro area data is expected to come in at 53.9, unchanged on the prior. German December machine orders data will be released at 0900GMT. The US calendar starts at 1358GMT, when the January Markit manufacturing PMI data will be released. The number is seen edging higher to 53.8 from December's 53.7. US Treasury Secretary Jack Lew is set to deliver a speech on the need to raise the debt limit in Washington, starting at 1400GMT. At 1500GMT, US December construction spending and January ISM index data will be released. The ISM manufacturing index is expected to decline further to a reading of 56.0 in January from 56.5 in December after annual revisions. Construction spending is expected to rise 0.2% in December as residential construction is seen advancing further based on the recent strong pace of housing starts, even with the decline in December starts. US light vehicle sales data is also due for release Monday. Sales are expected to rebound to a 12.2 million annual rate in January after falling sharply to 11.7 million in December. Seasonal adjustment factors are far more accommodative than December, adding significantly to unadjusted sales to compensate for what is usually a weak month.

00:00 China Bank holiday

00:30 Australia Building Permits, m/m December -1.5% -0.3%

00:30 Australia Building Permits, y/y December +22.2%

00:30 Australia ANZ Job Advertisements (MoM) January -0.7%

01:00 China Non-Manufacturing PMI January 54.6

05:30 Australia RBA Commodity prices, y/y January -4.0%

08:30 Switzerland Manufacturing PMI January 53.9 55.1

08:48 France Manufacturing PMI (Finally) January 48.8 48.8

08:53 Germany Manufacturing PMI (Finally) January 56.3 56.3

08:58 Eurozone Manufacturing PMI (Finally) January 53.9 53.9

09:30 United Kingdom Purchasing Manager Index Manufacturing January 57.3 57.1

12:00 Eurozone ECB’s Vitor Constancio Speaks

13:30 Canada Industrial Product Prices, m/m December +0.1% +0.4%

13:30 Canada Raw Material Price Index December -4.1% +2.1%

14:00 U.S. Treasury Sec Lew Speaks

14:00 U.S. Manufacturing PMI (Finally) January 53.7 53.8

15:00 U.S. Construction Spending, m/m December +1.0% +0.3%

15:00 U.S. ISM Manufacturing January 57.0 56.2

23:50 Japan Monetary Base, y/y January +46.6% +47.2%