Foreign exchange market. European session: the U.S. dollar traded mixed to higher against the most major currencies ahead of the existing home sales in the U.S.

Economic calendar (GMT0):

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

00:30 Australia RBA Monetary Policy Statement

02:00 China Retail Sales y/y September +11.9% +11.8% +11.6%

02:00 China Industrial Production y/y September +6.9% +7.5% +8.0%

02:00 China Fixed Asset Investment September +16.5% +16.2% +16.1%

02:00 China GDP y/y Quarter III +7.5% +7.2% +7.3%

02:00 New Zealand Credit Card Spending September +4.2% 4.4%

04:30 Japan All Industry Activity Index, m/m August -0.4% -0.3% -0.1%

06:00 Switzerland Trade Balance September 1.33 Revised From 1.39 2.43 2.45

08:30 United Kingdom PSNB, bln September 10.9 9.3 11.8

08:55 Australia RBA Assist Gov Lowe Speaks

The U.S. dollar traded mixed to higher against the most major currencies ahead of the existing home sales in the U.S. The existing home sales in the U.S. are expected to increase to 5.11 million units in September from 5.05 million units in August.

The euro dropped against the U.S. dollar as the European Central Bank is considering to buy corporate bonds.

Reuters reported today that the European Central Bank (ECB) considering to start buying corporate bonds. The ECB could discuss the possibility of corporate bond buying program at its December meeting.

The British pound traded lower against the U.S. dollar. The U.K. public sector net borrowing climbed to £11.8 billion in September from £10.9 billion in August, missing expectations for a decline to £9.3 billion.

The Swiss franc fell against the U.S. dollar. Switzerland's trade surplus widened CHF2.45 billion in September from CHF1.33 billion in August, exceeding expectations for a rise to CHF 2.43 billion. August's figure was revised down from a surplus of CHF1.39 billion.

EUR/USD: the currency pair dropped to 1.2760

GBP/USD: the currency pair decreased to $1.6140

USD/JPY: the currency pair rose to Y106.93

The most important news that are expected (GMT0):

14:00 U.S. Existing Home Sales September 5.05 5.11

23:00 Australia Conference Board Australia Leading Index August +0.5%

23:30 Australia Leading Index September -0.1%

23:50 Japan Adjusted Merchandise Trade Balance, bln September -924.4 -910.0