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00:30 Australia Home Loans October +2.2% +0.2% +0.7%
00:30 Australia Trade Balance October 2.56 2.12 1.60
05:00 Japan Consumer Confidence November 38.6 38.5 38.1
06:00 Japan Prelim Machine Tool Orders, y/y November +26.0% +15.9%
The dollar gained against most of its major counterparts before a German report tomorrow that may show investor confidence in Europe’s largest economy slid to a three-year low, boosting demand for safer assets. The ZEW Center for European Economic Research may say its index of German investor and analyst expectations, which aims to predict developments six months in advance, declined to minus 55.8 in December, according to the median estimate in a Bloomberg News survey of economists.
The euro slid versus the yen as Italy and France prepare to sell bills amid concern the region’s debt crisis is spreading to bigger nations.
EUR/USD: on Asian session the pair fell.
GBP/USD: on Asian session the pair dropped.
USD/JPY: on Asian session the pair holds in range Y77.60-Y77.70.
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