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Economic calendar (GMT0):
Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual
03:30 Australia Announcement of the RBA decision on the discount rate 2.0% 2% 2.0%
03:30 Australia RBA Rate Statement
The euro little changed before speeches of officials from the EU, the U.K. and the U.S. U.K. finance Minister George Osborne will tell European leaders about his country's demands regarding EU membership. He is expected to demand legally-binding safeguards for the single market and a commitment not to "discriminate" against countries not in the euro area. EU Finance commissioner Pierre Moscovici will visit Greece today and tomorrow and meet Prime Minister Alexis Tsipras. The visit will take place amid Greece's preparations for reforms required for financial aid from international lenders.
The Australian dollar rose against the greenback after the Reserve Bank of Australia decided to keep its benchmark interest rate at 2%. The bank said in its statement that the country's economy continued to expand at a moderate pace and prospects of improvements got clearer even though economic indices remained slightly below long-term targets. RBA Governor Glenn Stevens said that the AUD was adjusting to lower commodity prices.
EUR/USD: the pair fluctuated within $1.1005-20 in Asian trade
USD/JPY: the pair fell to Y120.60
GBP/USD: the pair traded within $1.5410-25
The most important news that are expected (GMT0):
(time / country / index / period / previous value / forecast)
09:30 United Kingdom PMI Construction October 59.9 58.8
15:00 U.S. Factory Orders September -1.7% -0.9%
19:00 Eurozone ECB President Mario Draghi Speaks
20:30 U.S. Total Vehicle Sales, mln October 18.2 17.7
21:45 New Zealand Employment Change, q/q Quarter III 0.3% 0.4%
21:45 New Zealand Unemployment Rate Quarter III 5.9% 6.0%
22:30 Australia AIG Services Index October 52.3
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