Foreign exchange market. Asian session: the Australian dollar dropped against the U.S. dollar after mixed economic data from Australia

Economic calendar (GMT0):

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

22:30 New Zealand Business NZ PMI June 52.7 53.3

23:01 United Kingdom RICS House Price Balance June 57% 55% 53%

23:50 Japan Core Machinery Orders May -9.1% +0.9% -19.5%

23:50 Japan Core Machinery Orders, y/y May +17.6% +9.5% -14.3%

23:50 Japan Tertiary Industry Index May -5.4% +1.9% +0.9%

01:00 Australia Consumer Inflation Expectation July +4.0% +3.8%

01:30 Australia Changing the number of employed June -4.8 +12.3 +15.9

01:30 Australia Unemployment rate June 5.8% 5.9% 6.0%

02:00 China Trade Balance, bln June 35.9 37.3 31.6

05:00 Japan Consumer Confidence June 39.3 40.7 41.1

06:45 France CPI, m/m June 0.0% +0.2% 0.0%

06:45 France CPI, y/y June +0.7% +0.6%

06:45 France Industrial Production, m/m May +0.3% +0.5% -1.7%

06:45 France Industrial Production, y/y May -2.0% -3.7%

08:00 Eurozone ECB Monthly Report July

08:30 United Kingdom Trade in goods May -8.9 -9.0 -9.2

The U.S. dollar traded mixed against the most major currencies due to yesterday's Fed's monetary policy meeting minutes. There was no new information on when the Fed could start to raise its interest rate. Fed policymakers agreed to end the Fed's bond-buying programme in October.

The Fed said that the economy is continuing to improve. But there are different views over the outlook for inflation.

The central bank added that U.S. consumer prices should increase and the labour market tighten before it will start to raise its interest rate.

The New Zealand dollar traded mixed near 3-year highs against the U.S dollar. The kiwi was supported by the better-than-expected Business NZ purchasing managers' index for New Zealand. The index climbed to 53.3 in June from a reading of 52.6 in May. May's figure was revised down from 52.7.

The weaker-than-expected Chinese trade balance data put the kiwi under pressure. China's trade surplus declined to $31.6 billion in June from a surplus of $35.9 billion in May, missing expectations for an increase to a surplus of $37.3 billion.

The Australian dollar dropped against the U.S. dollar after mixed economic data from Australia. The number of employed people in Australia jumped by 15,900 in June, exceeding expectations for a rise of 12,300, after a 5,100 drop in May. May's figure was revised down from a 4,800 decrease.

Australia's unemployment rate surged to 6.0% in June from 5.9% in May. May's figure was revised up from 5.8%. Analysts had expected the rate to remain unchanged at 5.9%.

The consumer inflation expectations in Australia fell to 3.8% in June from 4.0% in May.

The Japanese yen traded higher against the U.S. dollar after the weaker-than- expected economic data from Japan. The core machinery orders in Japan dropped 19.5% in May, missing expectations for a 0.9% gain, after a 9.1% fall in April.

On a yearly basis, the core machinery orders in Japan declined 14.3% in May, missing expectations for a 9.5% rise, after a 17.6% increase in April.

Japan's tertiary industry index rose 0.9% in May, missing forecasts of a 1.9% increase, after a 5.4% drop in April.

EUR/USD: the currency pair increased to $1.3650

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair decreased to Y101.50

The most important news that are expected (GMT0):

11:00 United Kingdom Asset Purchase Facility 375 375

11:00 United Kingdom BoE Interest Rate Decision 0.50% 0.50%

11:00 United Kingdom MPC Rate Statement

12:30 Canada New Housing Price Index May +0.2% +0.3%

12:30 U.S. Initial Jobless Claims July 315 316

14:00 U.S. Wholesale Inventories May +1.1% +0.6%