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Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
01:30 Australia New Motor Vehicle Sales (MoM) July +1.7% -1.3%
01:30 Australia New Motor Vehicle Sales (YoY) July -2.2% -0.4%
The U.S. dollar traded mixed to lower against the most major currencies. Tensions over the crisis in Ukraine weighed on markets. The Ukrainian government said on Friday its troops attacked a military convoy that entered the country from Russia.
The New Zealand dollar traded mixed against the U.S dollar in the absence of any major economic reports in New Zealand.
The Australian dollar traded mixed against the U.S. dollar after weaker new motor vehicle sales in Australia. New motor vehicle sales in Australia declined 1.3% in July, after a 1.7% rise in June.
On a yearly basis, new motor vehicle sales in Australia fell 0.4% in July, after a 2.2% drop in June.
The Japanese yen traded slightly higher against the U.S. dollar due to demand for safe-haven currency as tensions between Russia and Ukraine rose. No major economic reports were released in Japan.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair increased to $1.6763
USD/JPY: the currency pair declined to Y102.24
The most important news that are expected (GMT0):
09:00 Eurozone Trade Balance s.a. June 15.3 14.9
10:00 Germany Bundesbank Monthly Report August
12:30 Canada Foreign Securities Purchases June 21.43 14.68
14:00 U.S. NAHB Housing Market Index August 53 53
22:45 New Zealand PPI Input (QoQ) Quarter II +1.0% +0.7%
22:45 New Zealand PPI Output (QoQ) Quarter II +0.9% +0.8%
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