Foreign exchange market. Asian session: the Australian dollar climbed against the U.S. dollar due to the solid economic data from Australia

Economic calendar (GMT0):

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

00:00 China Bank holiday

01:00 Australia HIA New Home Sales, m/m August -5.7%

01:30 Australia Building Permits, y/y August +9.4% +14.5%

01:30 Australia Building Permits, m/m August +2.5% +1.1% +3.0%

01:30 Australia Trade Balance August -1.36 -0.78 -0.79

05:15 Australia RBA Annual Report

08:30 United Kingdom PMI Construction September 64.0 63.7 64.2

09:00 Eurozone Producer Price Index, MoM August -0.1% -0.2% -0.1%

09:00 Eurozone Producer Price Index (YoY) August -1.1% -1.1% -1.4%

The U.S. dollar traded lower against the most major currencies due to yesterday's weaker-than-expected ISM manufacturing purchasing managers' index. The ISM manufacturing purchasing managers' index in the U.S. decreased to 56.6 in September from 59.0 in August, missing expectations for a decline to 58.6.

The New Zealand dollar increased against the U.S. dollar due to weaker U.S. dollar. No major economic reports were released in New Zealand.

The Australian dollar climbed against the U.S. dollar due to the solid economic data from Australia. The building permits in Australia rose 3.0% in August, exceeding expectations for a 1.1% increase, after a 2.1% gain in July. July's figure was revised down from a 2.5% rise.

Australia's trade deficit fell to A$0.79 billion in August from A$1.08 billion in July. July's figure was revised from a deficit of A$1.36 billion. Analysts had expected the trade deficit to decline to A$0.78 billion.

The Japanese yen rose against the U.S. dollar due to the weaker U.S. dollar.

Japan's monetary base increased 35.3% in September, missing expectations for a 38.9% rise, after a 40.5% gain in August.

EUR/USD: the currency pair rose to $1.2673

GBP/USD: the currency pair increased to $1.6249

USD/JPY: the currency pair fell to Y108.54

The most important news that are expected (GMT0):

11:45 Eurozone ECB Interest Rate Decision 0.05% 0.05%

12:30 Eurozone ECB Press Conference

12:30 U.S. Initial Jobless Claims September 293 299

14:00 U.S. Factory Orders August +10.5% -9.2%