The dollar rose against the euro, though it has lost some of the previously -earned positions. Note that a positive impact on the U.S. currency had reports of the United States. It is learned that manufacturing activity in the U.S. in August grew. This is according to the Institute for Supply Management (ISM). According to the report , Purchasing Managers Index (PMI) for the manufacturing sector in the U.S. August rose to 55.7 against 55.4 in July. Values ​​above 50 indicate an increase in activity in the sector . Economists had expected the August PMI to fall to 54.2 .

Earlier Tuesday, the company Markit said its own final PMI to the U.S. in August almost unchanged at 53.1 against the July final value of 53.7 . The report Markit said that its index of " corresponds to a moderate improvement of overall business conditions in the manufacturing sector ." As the data ISM, Markit index value above 50 indicates an increase in activity.

Meanwhile, we add that little support Eurocurrency had a report on the euro area, which showed that the producer price index for the industrial sector , with the exception of construction, rose in July by 0.2 percent year on year, which followed a 0.3 percent increase in June. Note that many economists forecast growth of 0.1 percent.

The pound rose earlier against the dollar after the data on the index of business activity in the construction sector. As the results of studies that have been conducted Chartered Institute of Purchasing and supply , as well as Markit Economics, business activity in the construction sector rose unexpectedly in August, which was supported by the improvement in output and new orders. According to reports, the purchasing managers' index for the construction sector rose last month to the level of 59.1 from 57 in July , while the projected slight decline , namely to 58.4 .

The Australian dollar rose against the U.S. dollar after the rate decision and the statement by the RBA . As it became known , the Reserve Bank of Australia kept its benchmark interest rate at a record low - 2.5 %% , as weak retail sales data were reminded that the country is going through a difficult end of a long boom in the mining industry. According to the bank , to boost the economy of the country will require longer maintain the low rate, as slowing growth in China have a negative impact on the value of commodities and does not stimulate the flow of investment in the mining industry .

Since November 2011 the central bank eight times to cut interest rates , trying to smooth the transition to an economy less dependent on the mining sector, and to prevent excessive growth of unemployment.

"Over the past year, Australia's economy grew slightly slower trend - the manager said RBA Governor Glenn Stevens , commenting on the decision of the bank. - In the short term, this will continue until the economy will adapt to the smaller volume of investments in the mining industry ."

European stocks declined as U.S. Speaker of the House John Boehner said he supports the president’s call for action against Syria, offsetting better-than-forecast manufacturing data.

Boehner, an Ohio Republican, told reporters after meeting with President Barack Obama that the use of chemical weapons requires a response and only the U.S. has the capability to “warn others around the world that this type of behavior is not going to be tolerated.”

The U.S. Institute for Supply Management’s manufacturing index increased to 55.7 in August from 55.4 a month earlier, the Tempe, Arizona-based group said today. The median forecast of 85 economists called for the measure to rise to 54. A reading of 50 is the dividing line between expansion and contraction.

National benchmark indexes declined in 11 of the 18 western-European markets today. France’s CAC 40 and Germany’s DAX each retreated 0.8 percent. The U.K.’s FTSE 100 lost 0.6 percent, while Greece’s ASE advanced 2.4 percent.

Vodafone lost 5 percent to 202.5 pence as Verizon Communications Inc. agreed to buy the U.K. company’s 45 percent stake in Verizon Wireless for $130 billion. The payout was structured to prevent Vodafone from ending up with a large stake in Verizon, two people familiar with the terms said. That forces Vodafone investors who’d prefer cash, or aren’t authorized to hold Verizon stock, to sell the shares they receive.

Nokia rallied 34 percent to 3.97 euros, its biggest gain since at least 1991. The deal with Microsoft includes 3.79 billion euros for the devices unit and 1.65 billion euros for patents, the companies said. Nokia Chief Executive Officer Stephen Elop will step aside to return to Microsoft.

Dufry climbed 3.4 percent to 130.30 Swiss francs. The company said it signed long-term contracts with airports in Brazil and is investing $250 million to $275 million in its projects in the country.

Construction spending in the U.S. rose by more than expected in the month of July, according to a report released by the Commerce Department on Tuesday, with an increase in spending on private construction more than offsetting a drop in spending on public construction.

The report said construction spending rose 0.6 percent to a seasonally adjusted annual rate of $900.8 billion in July. Economists had been expecting spending to increase by about 0.3 percent.

Revised data showed that construction spending was roughly unchanged in June following a 2 percent increase in May. Spending was originally said to have fallen by 0.6 percent in June.

The increase in construction spending in July came as spending on private construction rose by 0.9 percent to an annual rate of $631.4 billion.

Spending on residential construction increased by 0.6 percent to an annual rate of $334.6 billion, while spending on non-residential construction surged up by 1.3 percent to an annual rate of $296.8 billion.

Meanwhile, the report said spending on public construction dropped by 0.3 percent to an annual rate of $269.4 billion in July.

The Commerce Department said spending on state and local construction dipped 0.4 percent to an annual rate of $245.4 billion, while spending on federal construction rose 1.1 percent to $24.0 billion.

Germany's car registrations were down 5 percent in August from a year ago, data released by the German Association of the Automotive Industry (VDA) showed Tuesday.

New car registrations totaled 214,100 units in August. The report showed that this August had fewer working-day than in the previous year.

Sales for the year-to-date period decreased by 7 percent to 1.97 million.

VDA President Matthias Wissmann emphasized that domestic orders continued its uptrend despite an overall decrease in registrations. Demand from domestic markets gained 2 percent in August.

West Texas Intermediate crude advanced after an Israeli missile-defense test provoked war jitters in the Middle East, source of about 35 percent of the world’s oil output.

Futures climbed as much as 0.8 percent after Israel said it carried out a joint test launch with the U.S. in the Mediterranean Sea. Republican Senators John McCain of Arizona and South Carolina’s Lindsey Graham warned fellow lawmakers not to let Syrian President Bashar al-Assad’s alleged use of chemical weapons go unanswered.

WTI for October delivery rose 22 cents to $107.87 a barrel at 10:25 a.m. on the New York Mercantile Exchange. Trading was 29 percent above the 100-day average. There was no floor trading yesterday because of the U.S. Labor Day holiday, and yesterday’s electronic transactions will be booked today for settlement purposes.

Brent oil for October settlement rose 63 cents, or 0.6 percent, to $114.96 a barrel on the ICE Futures Europe exchange. Trading was 32 percent above the 100-day average. The European benchmark grade traded at a $7.09 premium to WTI.

Gold gained for the first time in four sessions after Israel tested its missile-defense system, fueling concern that tensions in the Middle East will escalate and boosting the appeal of haven assets.

Stock and oil markets were rattled by what Israel described as a joint flight test with the U.S. of its Arrow missile-interception system over the Mediterranean Sea. President Barack Obama is stepping up lobbying since saying on Aug. 31 that he would seek the authorization of Congress to attack Syria for alleged use of chemical weapons. Gold climbed 6.3 percent last month, the second straight advance.

Gold futures for December delivery rose 0.3 percent to $1,400.50 an ounce at 10:20 a.m. on the Comex in New York. Comex floor trading was closed yesterday for the Labor Day holiday and yesterday’s transactions on the Globex electronic system will be booked with today’s trades for settlement purposes.

Prices pared advances after a private report showed expansion for U.S. manufacturing, raising concern that the economy has gained enough traction for the Federal Reserve to cut its stimulus program. The metal has dropped 16 percent this year as some investors lost faith in bullion as a store of value and as demand for an inflation hedge diminished on signs the Fed will taper its bond-buying program.

EUR/USD $1.3100, $1.3150, $1.3190, $1.3200, $1.3320, $1.3350, $1.3370

USD/JPY Y98.50, Y99.15, Y99.20, Y99.75

EUR/JPY Y129.05

GBP/USD $1.5400, $1.5500, $1.5550

EUR/GBP stg0.8460

USD/CHF Chf0.9350, Chf0.9500

EUR/CHF Chf1.2335, Chf1.2400

AUD/USD $0.8930, $0.8940, $0.8950, $0.8975, $0.9000

NZD/USD $0.7770

USD/CAD C$1.0475, C$1.0575

Global Stocks:

Nikkei  13,978.44 +405.52 +2.99%

Hang Seng 22,394.58 +219.24 +0.99%

Shanghai Composite 2,123.11 +24.66 +1.18%

FTSE  6,499.19 -7.00 -0.11%

CAC  3,998.23 -7.78 -0.19%

DAX 8,220.4 -23.47 -0.28%

Crude oil $107.37 -0.26%

Gold $1398.00 +0.19%

Upgrades:

Verizon (VZ) upgraded to Outperform from Sector Perform at RBC Capital Mkts

Downgrades:

Coca-Cola (KO) downgraded from Outperform to Underperform at Credit Agricole

Other:

Verizon (VZ) reiterated at Outperform at Oppenheimer, target raised from $55 to $56

Data

01:00 China Non-Manufacturing PMI August 54.1 53.9

01:30 Australia Retail sales (MoM) July 0.0% +0.4% +0.1%

01:30 Australia Retail Sales Y/Y July +1.1% +1.9%

01:30 Australia Current Account, bln Quarter II -8.5 -8.3 -9.4

01:30 Japan Labor Cash Earnings, YoY July +0.1% +0.8% +0.4%

04:30 Australia Announcement of the RBA decision on the discount rate 2.50% 2.50% 2.50%

04:30 Australia RBA Rate Statement

05:45 Switzerland Gross Domestic Product (QoQ) Quarter II +0.6% +0.3% +0.5%

05:45 Switzerland Gross Domestic Product (YoY) Quarter II +1.1% +1.7% +2.5%

08:30 United Kingdom PMI Construction August 57.0 58.4 59.1

09:00 Eurozone Producer Price Index, MoM July 0.0% +0.2% +0.3%

09:00 Eurozone Producer Price Index (YoY) July +0.3% +0.1% +0.2%

The dollar rose sharply against the euro , reaching maximum values ​​at the same session , despite attempts to reduce the rate of market participants . Note that the expectation of currency appreciation is due out U.S. data on the production index

Meanwhile, we add that little support Eurocurrency had a report on the euro area, which showed that the producer price index for the industrial sector , with the exception of construction, rose in July by 0.2 percent year on year, which followed a 0.3 percent increase in June. Note that many economists forecast growth of 0.1 percent.

In addition, it was reported that the producer price index for intermediate goods fell in July by 0.5 percent in annual terms . In the energy sector , prices were down 0.6 percent. The cost of the capital goods industry , meanwhile, increased by 0.5 percent. We also add that the prices of durable consumer goods rose by 0.6 percent, while the value of non-durable goods industries rose by 2.2 percent compared with a year earlier. On a monthly basis , the overall producer price index rose 0.3 percent after remained unchanged in June. It is estimated that growth would be 0.1 percent.

The pound fell against the dollar, losing all previously earned positions on expectations of the publication of data on the U.S.. Add that earlier in the trading data on the index of business activity in the construction sector had a significant support British currency .

As the results of studies that have been conducted Chartered Institute of Purchasing and supply , as well as Markit Economics, business activity in the construction sector rose unexpectedly in August, which was supported by the improvement in output and new orders.

According to reports, the purchasing managers' index for the construction sector rose last month to the level of 59.1 from 57 in July , while the projected slight decline , namely to 58.4 .

In addition, it was reported that among the three areas of activity in the sector , housing shows the best results - construction output grew at the fastest pace since June 2010 . The data also indicated a sharp increase in civil engineering activities and an increase in commercial construction the highest rate since May 2012 . The volume of new orders , meanwhile, rose at the fastest pace since March 2012 . A higher level of new orders helped construction companies remain confident in the future of business in their units for the year ahead .

The Australian dollar rose against the U.S. dollar after the rate decision and the statement by the RBA . As it became known , the Reserve Bank of Australia kept its benchmark interest rate at a record low - 2.5 %% , as weak retail sales data were reminded that the country is going through a difficult end of a long boom in the mining industry. According to the bank , to boost the economy of the country will require longer maintain the low rate, as slowing growth in China have a negative impact on the value of commodities and does not stimulate the flow of investment in the mining industry .

Since November 2011 the central bank eight times to cut interest rates , trying to smooth the transition to an economy less dependent on the mining sector, and to prevent excessive growth of unemployment.

"Over the past year, Australia's economy grew slightly slower trend - the manager said RBA Governor Glenn Stevens , commenting on the decision of the bank. - In the short term, this will continue until the economy will adapt to the smaller volume of investments in the mining industry ."

EUR / USD: during the European session, the pair fell to $ 1.3160

GBP / USD: during the European session, the pair rose to $ 1.5602 , but then fell to $ 1.5540

USD / JPY: during the European session, the pair fell to Y99.15, but then rose to Y99.55

At 14:00 GMT the U.S. ISM manufacturing index will be released in August. At 23:30 GMT Australia will present the index of activity in the service sector of the AiG in August.

EUR/USD

Offers $1.3340/50, $1.3290/300, $1.3250/60, $1.3225, $1.3200

Bids $1.3150/45, $1.3135/30, $1.3120/10, $1.3100, $1.3090

GBP/USD

Offers $1.5780/85, $1.5750/55, $1.5720/25, $1.5680/85, $1.5640/50, $1.5605/15

Bids $1.5567, $1.5537, $1.5510/00, $1.5460/50

AUD/USD

Offers $0.9180, $0.9150, $0.9100, $0.9080, $0.9050

Bids 0.8975/70, $0.8950, $0.8910/00, $0.8890, $0.8880/75

EUR/GBP

Offers stg0.8620, stg0.8590/600, stg0.8570, stg0.8550/55, stg0.8520

Bids stg0.8445/40, stg0.8425/20, stg0.8400

EUR/JPY

Offers Y132.31/43, Y131.95/00, Y131.80, Y131.50

Bids Y130.50, Y130.25/20, Y130.00, Y129.50

USD/JPY

Offers Y100.45, Y100.15/20, Y100.00, Y99.80

Bids Y99.00, Y98.78/76, Y98.55/50, Y98.28/26

European stocks fell slightly , partly offsetting yesterday's growth while the Stoxx Europe 600 up to an eight-week high against the background of the fact that many market participants expect the publication of data on business activity in the U.S. manufacturing sector . U.S. index futures and Asian shares rose .

Add that to the course of trade was also influenced by reports on Britain, the Eurozone and Switzerland, which were better than expected .

As the results of studies that have been conducted Chartered Institute of Purchasing and supply , as well as Markit Economics, business activity in the construction sector rose unexpectedly in August, which was supported by the improvement in output and new orders.

According to reports, the purchasing managers' index for the construction sector rose last month to the level of 59.1 from 57 in July , while the projected slight decline , namely to 58.4 .

Another report showed that economic growth in Switzerland in the second quarter slowed less than expected mainly due to private consumption and investment.

Real gross domestic product increased by 0.5 % , showed data released by the State Secretariat for Economic Affairs (SECO) on Tuesday . Economists had forecast a drop in growth to 0.3 % from 0.6 % a quarter earlier. Household spending rose 0.6 percent , the investment in the second quarter increased 1.4 percent after falling 0.2 percent in 1kvartale .

On an annualized basis , growth was more than two times higher than in the first quarter, and it was at 2.5 %.

The Stoxx 600 index fell 0.1 percent to 302.78 .

Nokia share price has jumped to a record in the history of 47 % in the first minutes of trading on news of the sale Microsoft Corp. business for the production of mobile phones. Note that the U.S. Microsoft Corp. in order to strengthen its competitive position in the growing market of mobile technologies has agreed to buy the business of the Finnish Nokia Corp. the production of mobile devices for 5.44 billion euros ($ 7.2 billion ) . For the business itself for the production of Nokia mobile phones and smartphones Microsoft will pay 3.79 billion euros. In addition, Microsoft will buy Nokia patents to 1.65 billion euros, the company said . Who shares show a growth rate of 38.39 % , and has risen to 4.1 euros.

The cost of Vodafone Group Plc (VOD) fell by 3.42 % , after the American telecommunications company, one of the largest in the United States and around the world , Verizon Communications has agreed to purchase from Vodafone Group Plc 45% stake in their joint enterprise for the U.S. $ 130 billion . reportedly , Verizon will pay for Verizon Wireless in cash and stock , and then have access to the profits of the largest U.S. mobile operator. Through the deal Vodafone will be able to return 71 % of net revenue ( $ 84 billion , including all of the shares ) to the shareholders , and to increase investment in its network to break away from the competition. Under the agreement , Vodafone will receive $ 58.9 billion in cash , shares of Verizon in the amount of $ 60.2 billion and $ 11 billion in small transactions.

FTSE 100 6,489.39 -16.80 -0.26%

CAC 40 3,985.53 -20.48 -0.51%

DAX 8,193.27 -50.60 -0.61%

EUR/USD $1.3100, $1.3150, $1.3190, $1.3200, $1.3320, $1.3350, $1.3370

USD/JPY Y98.50, Y99.15, Y99.20, Y99.75

UER/JPY Y129.05

GBP/USD $1.5400, $1.5500, $1.5550

EUR/GBP stg0.8460

USD/CHF Chf0.9350, Chf0.9500

EUR/CHF Chf1.2335, Chf1.2400

AUD/USD $0.8930, $0.8940, $0.8950, $0.8975, $0.9000

NZD/USD $0.7770

USD/CAD C$1.0475, C$1.0575

Asian stocks rose for a fourth day, with the regional benchmark gauge climbing the most in a month, as Japanese shares were boosted by the yen weakening against the dollar and amid optimism the global economy is recovering.

Nikkei 225 13,978.44 +405.52 +2.99%

Hang Seng 22,382.89 +207.55 +0.94%

S&P/ASX 200 5,196.57 +8.29 +0.16%

Shanghai Composite 2,123.11 +24.66 +1.18%

Nissan Motor Co. climbed 3.2 percent, leading Japanese exporters higher as the yen touched a one-month low against the dollar.

Tokyo Electric Power Co. gained 3.4 percent after the government said it may may spend 47 billion yen ($473 million) to control radiation leaks at the Fukushima Dai-Ichi nuclear plant.

Rio Tinto Group , the world’s second-biggest miner, led raw-material producers higher, rising 3.1 percent in Sydney after metals prices advanced.

01:00 China Non-Manufacturing PMI August 54.1 53.9

01:30 Australia Retail sales (MoM) July 0.0% +0.4% +0.1%

01:30 Australia Retail Sales Y/Y July +1.1% +1.9%

01:30 Australia Current Account, bln Quarter II -8.5 -8.3 -9.4

01:30 Japan Labor Cash Earnings, YoY July +0.1% +0.8% +0.4%

04:30 Australia Announcement of the RBA decision on the discount rate 2.50% 2.50% 2.50%

04:30 Australia RBA Rate Statement

Japan’s currency slid versus all its 16 major peers after data showed the nation’s monetary base expanded in August by the most in 40 years as Bank of Japan policy makers prepare to meet this week. The BOJ said today the nation’s monetary base expanded 42 percent in August from a year earlier, the biggest gain since 1973, to 177 trillion yen ($1.78 trillion). The central bank buys more than 7 trillion yen of Japanese government bonds every month to increase the gauge of the supply of money to 270 trillion yen by the end of 2014 and stoke 2 percent inflation.

The dollar touched a six-week high against a basket of its main counterparts ahead of a U.S. report that may signal growth in factory output, fanning speculation the Federal Reserve will start to taper its quantitative-easing program as early as this month. The Institute for Supply Management’s U.S. factory index is estimated at 54 in August, compared with a two-year high of 55.4 in July, economists forecast before the release of the data today.

The European Union’s statistics office will probably confirm tomorrow that gross domestic product in the 17-nation currency bloc expanded 0.3 percent in the April-June period, ending the longest recession on record, according to the median estimate of economists surveyed by Bloomberg News.

EUR / USD: during the Asian session the pair fell to $ 1.3180

GBP / USD: during the Asian session, the pair rose to $ 1.5560

USD / JPY: during the Asian session the pair rose to Y99.70

There is only limited UK data set for release, with the August  CIPS/Markit Construction PMI numbers due to be published at 0830 GMT.  Economists are looking for a monthly print of 56.9, down modestly from July's 57.0. After the excitement of Monday's manufacturing PMI data, the European calendar slows somewhat Tuesday. However, US markets return from the  Labor Day holiday, with their PMI data due later in the day. The Euro area calendar gets underway from 0700GMT, with the release of the Spanish August unemployment numbers due. Analysts are looking for a modest uptick of 7,500 in the overall unemployment numbers. French August car registration data is expected at 0700GMT. German car registrations are also expected at some time in the morning session. Switzerland's second quarter GDP data will be released at 0745GMT. Expectations are for an increase of 0.3% q/q, with an annualised increase of 1.7%. At 0900GMT, EMU July PPI numbers will cross the wires. Expectations are for an increase of 0.1% quarterly and annually.

Change % Change Last

GOLD 1,391.10  -4.70 -0.34%

OIL (WTI) 106.63  -1.02 -0.95%

Nikkei 225 13,572.92 +184.06 +1.37%

Hang Seng 22,176.99 +445.62 +2.05%

S&P/ASX 200 5,188.3 +53.34 +1.04%

Shanghai Composite 2,098.45 +0.07 0.00%

FTSE 100 6,500.05 +87.12 +1.36%

CAC 40 3,998.48 +64.70 +1.64%

DAX 8,233.18 +130.03 +1.60%

Dow Closed

Nasdaq Closed

S&P Closed

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,3195 -0,32%

GBP/USD $1,5546 +0,28%

USD/CHF Chf0,9340 +0,31%

USD/JPY Y99,36 +1,04%

EUR/JPY Y131,12 +0,73%

GBP/JPY Y154,46 +1,32%

AUD/USD $0,8993 +0,80%

NZD/USD $0,7831 +0,96%

USD/CAD C$1,0547 +0,09%

01:00 China Non-Manufacturing PMI August 54.1 53.9

01:30 Australia Retail sales (MoM) July 0.0% +0.4% +0.1%

01:30 Australia Retail Sales Y/Y July +1.1%

01:30 Australia Current Account, bln Quarter II -8.5 -8.3 -9.4

01:30 Japan Labor Cash Earnings, YoY July +0.1% +0.8% +0.4%

04:30 Australia Announcement of the RBA decision on the discount rate 2.50% 2.50%

04:30 Australia RBA Rate Statement

05:45 Switzerland Gross Domestic Product (QoQ) Quarter II +0.6% +0.3%

05:45 Switzerland Gross Domestic Product (YoY) Quarter II +1.1% +1.7%

08:30 United Kingdom PMI Construction August 57.0 58.4

09:00 Eurozone Producer Price Index, MoM July 0.0% +0.2%

09:00 Eurozone Producer Price Index (YoY) July +0.3% +0.1%

13:00 U.S. Manufacturing PMI (Finally) August 53.9 53.9

14:00 U.S. ISM Manufacturing August 55.4 54.2

23:30 Australia AIG Services Index August 39.4