Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
06:00 Germany Producer Price Index (MoM) September -0.1% +0.1% 0.0%
06:00 Germany Producer Price Index (YoY) September -0.8% -1.0% -1.0%
08:00 Eurozone Current account, adjusted, bln August 21.6 Revised From 18.7 21.3 18.9
The U.S. dollar traded mixed against the most major currencies. The greenback was supported by Friday's U.S. economic data. The Reuters/Michigan consumer sentiment index rose to 86.4 in October from 84.6 in September, beating forecasts of a decline to 84.3.
Housing starts in the U.S. climbed 6.3% to 1.017 million annualized rate in September from a 957,000 pace in August, in line with expectations.
The New Zealand dollar traded higher against the U.S. dollar in the absence of any major economic reports from New Zealand.
The Australian dollar traded higher against the U.S. dollar in the absence of any major economic reports from Australia.
The Aussie was supported by news from China. A Chinese government official said the China's central bank is planning to inject about 200 billion yuan into some lenders.
The Japanese yen fell against the U.S. dollar on Government Pension Investment Fund (GPIF) report. The Nikkei newspaper said that Japan's Government Pension Investment Fund will raise its target for foreign bonds and shares to around 30% from 23%.
Comments by the Bank of Japan Governor Haruhiko Kuroda also weighed on yen. He said on Monday that Japan's economy "will continue to recover moderately as a trend". Kuroda added that the annual inflation rate is expected to remain at around 1.25% "for some time".
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair increased to $1.6111
USD/JPY: the currency pair fell to Y107.38
The most important news that are expected (GMT0):
10:00 Germany Bundesbank Monthly Report
12:30 Canada Wholesale Sales, m/m August -0.3% +0.2%
21:45 New Zealand Visitor Arrivals September -3.0%
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.