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Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:00 Australia HIA New Home Sales, m/m November -3.0% -2.7%
00:00 Australia Consumer Inflation Expectation January 4.0% 3.6%
05:30 Japan All Industry Activity Index, m/m November 1.0% -0.7% -1.0%
09:00 Switzerland World Economic Forum Annual Meetings
12:45 Eurozone ECB Interest Rate Decision 0.05% 0.05% 0.05%
The U.S. dollar traded mixed to higher against the most major currencies ahead of the release of the U.S. economic index. The number of initial jobless claims in the U.S. is expected to decline by 6,000 to 278,000 last week.
The Philadelphia Federal Reserve Bank' manufacturing index is expected to rise to -5 in January from -10.2 in December.
The euro traded lower against the U.S. dollar after the European Central Bank's (ECB) interest rate decision. The ECB kept its interest rate unchanged at 0.05%.
The ECB President Mario Draghi will speak at 13:30 GMT.
The British pound traded lower against the U.S. dollar in the absence of any major economic reports from the U.K.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair declined to $1.4084
USD/JPY: the currency pair rose to Y117.17
The most important news that are expected (GMT0):
13:30 Eurozone ECB Press Conference
13:30 U.S. Continuing Jobless Claims January 2263 2248
13:30 U.S. Initial Jobless Claims January 284 278
13:30 U.S. Philadelphia Fed Manufacturing Survey January -10.2 -5
15:00 Eurozone Consumer Confidence (Preliminary) January -5.7 -5.7
16:00 U.S. Crude Oil Inventories January 0.234 2.750
|remaining time till the new event being published|
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