Foreign exchange market. European session: the British pound traded lower against the U.S. dollar after the revised GDP data from the U.K.

Economic calendar (GMT0):

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

05:45 Switzerland Gross Domestic Product (YoY) Quarter II 1.2% Revised From 1.1% 0.9% 1.2%

05:45 Switzerland Gross Domestic Product (QoQ) Quarter II -0.2% -0.1% 0.2%

08:30 United Kingdom Business Investment, q/q Quarter II 2% 1.7% 2.9%

08:30 United Kingdom GDP, y/y (Revised) Quarter II 2.9% 2.6% 2.6%

08:30 United Kingdom GDP, q/q (Revised) Quarter II 0.4% 0.7% 0.7%

09:00 Eurozone Economic sentiment index August 104 103.8 104.2

09:00 Eurozone Consumer Confidence (Finally) August -7.2 Revised From -7.1 -6.9 -6.9

09:00 Eurozone Business climate indicator August 0.41 Revised From 0.39 0.34 0.21

09:00 Eurozone Industrial confidence August -2.9 -3.1 -3.7

12:00 Germany CPI, y/y (Preliminary) August 0.2% 0.2% 0.2%

12:00 Germany CPI, m/m (Preliminary) August 0.2% -0.1% 0%

The U.S. dollar traded mixed against the most major currencies ahead the release of the U.S. economic data. The personal consumer expenditures (PCE) price index excluding food and energy is expected to increase 0.1% in July, after a 0.1 rise in June.

Personal income in the U.S. is expected to rise 0.4% in July, after a 0.4% gain in June.

Personal spending in the U.S. is expected to gain 0.4% in July, after a 0.2% rise in June.

The final Reuters/Michigan Consumer Sentiment Index is expected to decline to 93.0 in August from 93.1 in July.

The greenback remained supported by yesterday's GDP data from the U.S. The U.S. revised GDP climbed 3.7% in the second quarter, exceeding expectations for a 3.2% increase, up from the preliminary estimate of a 2.3% rise.

The euro traded mixed against the U.S. dollar after the mixed economic data from the Eurozone. German preliminary consumer price index was flat in August, beating expectations for a 0.1% decline, after a 0.2% rise in July.

On a yearly basis, German preliminary consumer price index remained unchanged at 0.2% in August, in line with expectations.

The European Commission released its economic sentiment index for the Eurozone on Friday. The index increased to 104.2 in August from 104.0 in July, beating expectations for a decline to 103.8. It was the highest level since June 2011.

The increase was driven by improvements in the construction, services and retail trade sectors.

The industrial confidence index decreased to -3.7 in August.

The final consumer confidence index was up to -6.9 in August from -7.2 in July, in line with expectations. July's figure was revised down from -7.1.

The business climate index was down to 0.21 in August from 0.41 in July, missing forecasts of a decline to 0.34.

The British pound traded lower against the U.S. dollar after the revised GDP data from the U.K. The revised U.K. GDP expanded at 0.7% in the second quarter, in line with expectations and the preliminary reading, after a 0.4% rise in the first quarter.

The growth was driven by a rise in exports and business investment. Exports climbed 3.9% in the second quarter, while imports were up 0.6%.

Business investment jumped 2.9% in the second quarter.

Economists have said the increase trade might be temporary due to a stronger pound, which makes British products more expensive abroad.

On a yearly basis, the revised U.K. GDP rose 2.6% in the second quarter, in line with expectations and the preliminary reading, after a 2.9% gain in the first quarter.

The service sector climbed 0.7% in the second quarter.

Household spending rose 0.7% in the second quarter, after a 0.9% increase in the first quarter.

The Canadian dollar traded lower against the U.S. dollar ahead of the release of Canadian Industrial Product Price Index, which is expected to be flat in July, after a 0.5% rise in June.

The Swiss franc traded higher against the U.S. dollar after the positive GDP data from Switzerland. Switzerland's GDP increased 0.2% in the second quarter, beating expectations for a 0.1% fall, after a 0.2% decline in the first quarter.

The increase was driven by higher exports. Exports of goods climbed 0.5% in the first quarter.

Household spending climbed to 0.3% in the second quarter, government spending was up 0.2%, equipment and software spending rose 1.5%, while construction spending increased 0.1%.

On a yearly basis, Switzerland's economy grew at 1.2% in the first quarter, exceeding expectations for a 0.9% rise, after a 1.2% increase in the first quarter. The first quarter's figure was revised up from a 1.1% gain.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair fell to $1.5362

USD/JPY: the currency pair declined to Y120.64

The most important news that are expected (GMT0):

12:30 Canada Industrial Product Price Index, m/m July 0.5% 0%

12:30 U.S. Personal Income, m/m July 0.4% 0.4%

12:30 U.S. Personal spending July 0.2% 0.4%

12:30 U.S. PCE price index ex food, energy, m/m July 0.1% 0.1%

12:30 U.S. PCE price index ex food, energy, Y/Y July 1.3%

14:00 U.S. Reuters/Michigan Consumer Sentiment Index (Finally) August 93.1 93

16:00 U.S. Jackson Hole Symposium