Foreign exchange market. Asian session: the U.S. dollar traded lower against the most major currencies on comments by Federal Reserve Vice Chairman Stanley Fischer

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

00:00 Japan Bank holiday

02:00 China Trade Balance, bln September 49.8 41.2 31.0

09:00 Eurozone Eurogroup Meetings

The U.S. dollar traded lower against the most major currencies on comments by Federal Reserve Vice Chairman Stanley Fischer. He warned at the weekend that the global recovery slowed down and the Fed could delay an interest rate hike.

The New Zealand dollar rose against the U.S. dollar after the Chinese trade data. Chinese exports increased 15.3% in September, while imports climbed 7%. China's trade surplus decreased to $31 billion in September from $49.8 billion in August, missing expectations for a decline to a surplus of $41.2 billion.

New Zealand's food price index dropped 0.8% in September, after a 0.3% rise in August.

The Australian dollar increased against the U.S. dollar after the Chinese trade data. No major economic reports were released in Australia.

The Japanese yen jumped against the U.S. dollar due to increasing demand for safe-haven currency on concerns about the global economic growth. Markets in Japan were closed for a public holiday.

EUR/USD: the currency pair rose to $1.2697

GBP/USD: the currency pair increased to $1.6120

USD/JPY: the currency pair fell to Y107.05

The most important news that are expected (GMT0):

12:00 Canada Bank holiday

22:30 Australia RBA Assist Gov Debelle Speaks