Economic calendar (GMT0):
Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual
00:30 Australia ANZ Job Advertisements (MoM) December 1.1% Revised From 1.3% -0.1%
The Australian dollar fell against the greenback at the beginning of the session amid inflation data from China. The consumer price index came in at 0.5% in December. Economists had expected a reading of 0.4%. The index rose by 1.6% on an annualized basis after rising 1.5% in the previous month, which is well below the government's 2015 target of 3%.
The Australian dollar was further weighed by ANZ Job Advertisements data. The index declined by 0.1% in December compared to 1.3% reported previously. A low reading is a negative factor for the Australian economy.
The New Zealand dollar was supported by construction permissions data. The corresponding index rose by 1.8% in November after a 5.4% rise in October (revised from 5.1%) marking the tenth straight month of growth. A long-term indicator rose by 0.6% to the highest level since July 2004.
EUR/USD: the pair fluctuated within $1.0905-70 in Asian trade
USD/JPY: the pair traded within Y116.65-45
GBP/USD: the pair traded within $1.4490-55
The most important news that are expected (GMT0):
(time / country / index / period / previous value / forecast)
08:15 Switzerland Retail Sales (MoM) November 0.3%
08:15 Switzerland Retail Sales Y/Y November -0.8% 0.3%
09:30 Eurozone Sentix Investor Confidence December 15.7
13:15 Canada Housing Starts December 211.9 213
15:00 U.S. Labor Market Conditions Index December 0.5
15:30 Canada Bank of Canada Business Outlook Survey
23:50 Japan Current Account, bln November 1458.4 858.5