Asian session: The euro fell

01:00 China Non-Manufacturing PMI September 56.3 53.7
01:00 Australia HIA New Home Sales, m/m August -5.6% -5.3%
01:30 Australia Trade Balance August -0.56 -0.62 -2.03

The euro approached a three-week low against the dollar on expectations that signs of an economic slowdown in Europe will increase pressure on the European Central Bank, which at the next meeting on Thursday to consider new steps can mitigate.
Recall that this week ahead of the ECB meeting will be held, the Bank of England and Bank of Japan.
The pressure on the euro remains in connection with the position of the Prime Minister of Spain, Mariano Raho, who made it clear that the country is now the European Union will not ask for help. Investors are eagerly waiting for the Spanish government requested financial support from the European Union, as it will allow the European Central Bank to start buying bonds of Spain.
In the rating agency Moody's said that the analysis of Spain's sovereign debt rating will be completed by the end of October. At the moment, according to Moody's, Spain ranks Baa3, which is the lowest rating, a certain agency. Loss of one stage will mean that Moody's first of the three major rating agencies downgraded Spain to "junk."
The focus is on Wednesday ADP report on employment in the United States and data from the Institute for Supply Management (ISM) for the non-manufacturing sector.
The Australian dollar fell amid evidence that Australia's trade deficit in August was more than expected, and reached 2.027 billion Australian dollars. July figure was revised up to 1.530 billion Australian dollars. Analysts had expected that, given the seasonally adjusted trade deficit of Australia in August will be 685 million Australian dollars.
Recall that the Reserve Bank of Australia on Tuesday decided to lowering key interest rates by a quarter percentage point to 3.25%, which led to an immediate weakening of the national currency.

EUR / USD: during the Asian session the pair fell to $ 1.2876.
GBP / USD: during the Asian session the pair fell to $ 1.6083.
USD / JPY: during the Asian session the pair dropped to Y78.11

At 07:50 GMT France will release PMI index for the services sector in September. At 07:55 GMT Germany will provide PMI index for the services sector in September. At 08:00 GMT the euro area index will be released for the services sector PMI for September and the composite PMI index for September. At 08:30 GMT the UK will provide PMI index for the services sector in September. At 09:00 GMT the UK will hold parliamentary hearings on inflation in Q3. At the same time declares Eurozone Retail Sales for August. At 12:15 GMT the U.S. will publish data on the change in the number of employees from ADP in September. At 14:00 GMT the U.S. will composite index ISM non-manufacturing areas in September. At 14:30 GMT the United States will present data on stocks of crude oil from the Department of Energy. At 18:00 GMT the U.S. will be publication of the minutes of the Fed meeting in September. At 22:00 GMT New Zealand will release a sentiment indicator of the business environment of the NZIER Q3. At 23:30 GMT Australia is to publish the index of activity in the service of the AiG in September.