European session: the euro fell slightly against the U.S. dollar

Data

05:00 Japan Monthly Economic Report Bank of Japan in December

7:45 France Consumer spending in November -0.2% +0.3% +1.4%

7:45 France Consumer Spending y / y in November -0.1 % -0.1 % +1.5 %

7:45 France GDP q / q ( final data ) III m -0.1 % -0.1 % -0.1 %

7:45 France GDP y / y (final ) III m +0.2% +0.2% +0.2%

09:30 UK approved applications for mortgage loans as BBA, th November 42.8 44.5 45.0

The dollar rose slightly against the euro, on the eve of the release of statistics on the volume of orders for durable goods in the United States. According to the median forecast of economists , the November figure to grow by 1.7 %, whereas in the previous month , it fell by 2%. Recall that yesterday 's report showed that U.S. consumer spending rose in November, the largest in the last five months , thereby complementing the recent series of strong data pointing to a sustained U.S. economic recovery. This set of positive data justifies the Fed's recent actions aimed at reducing monthly bond purchases since January .

Meanwhile, we add that the course of trade is also affected data on the GDP of France . As it became known , the French economy shrank by 0.1 percent in the third quarter, and confirmed the initial assessment, and being in line with economists' forecasts . Reported by the Statistical Office of Insee.

Nevertheless, it is worth noting that Statistics revised slightly upward GDP growth for the second quarter - to the level of 0.6 per cent compared with the previous estimate at around 0.5 percent. The data also showed that the annualized gross domestic product grew in the third quarter by 0.2 percent , which was in line with expectations of experts , as well as equal to the initial assessment .

Pound rose against the dollar , recovering with almost all previously lost ground, which has helped to publish a report on Britain. The data , which were presented by the British Bankers Association showed that the number of mortgage approvals in the UK has increased markedly in the last month , while reaching the highest level since December 2009 , but, despite this, remained well below the levels that were observed to the financial crisis.

According to the report , the number of approved applications for mortgage loans, which is a reliable indicator of future housing market has risen in the past month, 45,044 units, compared to the upwardly revised figure for the previous month at 43,315 units (initially reported 42.8 thousand). It is worth noting that according to the average forecasts of experts, this indicator would grow by 44.5 thousand

EUR / USD: during the European session, the pair fell to $ 1.3670

GBP / USD: during the European session, the pair fell to $ 1.6320 , but then returned to the area of ​​$ 1.6345/50

USD / JPY: during the European session, the pair fell Y103.77, then recovered slightly

At 13:30 GMT the United States to declare changes in orders for durable goods in November. At 15:00 GMT the U.S. will report on sales in the primary market in November.