Foreign exchange market. Asian session: the Australian dollar traded higher against the U.S. dollar after the better-than-expected private capital expenditure data from Australia

Economic calendar (GMT0):

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

01:00 Australia HIA New Home Sales, m/m July +1.2% -5.7%

01:30 Australia Private Capital Expenditure Quarter II -2.5% -0.8% +1.1%

07:15 Switzerland Employment Level Quarter II 4.19 4.21 4.19

07:55 Germany Unemployment Change August -11 -6 +2

07:55 Germany Unemployment Rate s.a. August 6.7% 6.7%

08:00 Eurozone M3 money supply, adjusted y/y July +1.6% +1.5% +1.8%

08:00 Eurozone Private Loans, Y/Y July -1.8% -1.5% -1.6%

The U.S. dollar traded mixed to lower against the most major currencies. No major economic reports were released in the U.S. yesterday.

The New Zealand dollar traded higher against the U.S dollar in the absence of any major reports in New Zealand.

The Australian dollar traded higher against the U.S. dollar after the better-than-expected private capital expenditure data from Australia. Private capital expenditure in Australia rose 1.1% in the second quarter, beating expectations for a 0.8% decline, after a 2.5% fall in the first quarter. The first quarter figure was revised up from a 4.2% drop.

The Housing Industry Association released new home sales data for Australia. New home sales in Australia dropped 5.7% in July, after a 1.2% rise in June.

The Japanese yen traded slightly higher against the U.S. dollar in the absence of any major reports in Japan.

EUR/USD: the currency pair rose to $1.3217

GBP/USD: the currency pair increased to $1.6604

USD/JPY: the currency pair fell to Y103.67

The most important news that are expected (GMT0):

09:00 Eurozone Business climate indicator August 0.17

09:00 Eurozone Industrial confidence August -3.8

09:00 Eurozone Economic sentiment index August 102.2

10:00 United Kingdom CBI retail sales volume balance August 21 25

12:00 Germany CPI, m/m (Preliminary) August +0.3% 0.0%

12:00 Germany CPI, y/y (Preliminary) August +0.8% +0.8%

12:30 Canada Current Account, bln Quarter II -12.4 -11.4

12:30 U.S. PCE price index, q/q Quarter II +2.5%

12:30 U.S. PCE price index ex food, energy, q/q Quarter II +2.0%

12:30 U.S. Initial Jobless Claims August 298 299

12:30 U.S. GDP, q/q (Revised) Quarter II +4.0% +3.9%

14:00 U.S. Pending Home Sales (MoM) July -1.1% +0.6%

22:45 New Zealand Building Permits, m/m July +3.5%

23:30 Japan Tokyo Consumer Price Index, y/y August +2.8%

23:30 Japan Tokyo CPI ex Fresh Food, y/y August +2.8% +2.7%

23:30 Japan Household spending Y/Y July -3.0% -2.7%

23:30 Japan National Consumer Price Index, y/y July +3.6%

23:30 Japan National CPI Ex-Fresh Food, y/y July +3.3% +3.3%

23:50 Japan Retail sales, y/y July -0.6% -0.1%

23:50 Japan Industrial Production (MoM) (Preliminary) July -3.4% +1.4%

23:50 Japan Industrial Production (YoY) (Preliminary) July +3.1%