European session:

Data:

07:00 United Kingdom Nationwide house price index January -0.2% -0.1% -0.2%

07:00 United Kingdom Nationwide house price index, y/y January +1.0% +1.2% +0.6%

08:15 Switzerland Retail Sales Y/Y December +1.8% +1.6% +0.6%

08:30 Switzerland Manufacturing PMI January 50.7 52.0 47.3

08:50 France Manufacturing PMI (finally) January 48.9 48.5 48.5

08:55 Germany Manufacturing PMI (finally) January 48.4 50.9 51.0

09:00 Eurozone Manufacturing PMI (finally) January 46.9 48.7 48.8

09:30 United Kingdom Purchasing Manager Index Manufacturing January 49.6 50.2 52.1

10:00 Eurozone Harmonized CPI, Y/Y (preliminary) January +2.7% +2.7% +2.7%

The euro rose  as a purchasing managers’ index of manufacturing output in the region beat analysts’ estimates, adding to signs Europe’s economy is stabilizing.

The greenback  as equities advanced, damping demand for safer assets.

The euro reversed an earlier decline after Markit Economics said its manufacturing gauge based on a survey of purchasing managers in the euro region rose to 48.8 in January from 46.9 in December.

EUR/USD: the pair grown, showed high in $1,3200 area.

GBP/USD: the pair shown high in $1,5860 area, but receded later.

USD/JPY: the pair decreased, showed low in Y76.00 area.

Will continue put the block of statistics from the USA - industrial index ISM (15:00 GMT), data on EIA Crude Oil Stock from the ministry of power (15:30 GMT). Will finish put New Zealand data on employment and unemployment (21:45 GMT).