European session: The yen rose slightly against the dollar

Data

00:01 UK House Price Balance of RICS in November 57 % 59 % 58%

00:30 Australia index business sentiment from the National Australia Bank Ноябрь May 5

00:30 AU Gross mortgage lending in October +4.4% +1.3% +1.0 %

05:00 Japan Consumer Confidence 41.2 44.2 42.5 November

5:30 China Retail Sales y / y in November +13.3 % +13.2 % +13.7 %

5:30 China Investment in fixed assets in November +20.1 % +20.1 % +19.9 %

5:30 China Industrial Production y / y in November +10.3 % +10.2 % +10.0 %

6:00 Japan Change in orders for equipment (preliminary data) , y / y in November +8.4 % 15.4 %

7:45 France Industrial Production m / m in October -0.5% +0.2% -0.3%

7:45 France Industrial Production y / y in October -0.9% 0.3% 0.0%

09:30 UK Industrial Production m / m +0.9 % in October +0.4% +0.4%

09:30 UK Industrial Production y / y in October +2.2% +3.2 % +3.2 %

09:30 UK Manufacturing output , m / m +1.2 % in October +0.4% +0.4%

09:30 UK Manufacturing output y / y in October +0.8% +2.9 % +2.7 %

09:30 UK Trade balance -9.8 -9.2 -9.7 October

The euro exchange rate fell slightly against the dollar retreated from a session high of what influenced weak report on industrial production in France. Data from the National Bureau of Statistics Insee, published earlier today showed that industrial production in France unexpectedly fell in October , registering with the second monthly decline in a row, which is another sign of a weak start to the last quarter of 2013 in the euro area .

According to the report , industrial production in the second largest economy in the eurozone fell in October by 0.3 % on a monthly basis , which followed after a similar drop in September. Analysts had expected growth in October by 0.2%. Reduction in October confirms steady downtrend issue in the industrial sector . Falling for the three months to October was 0.6 % compared with the previous three-month period .

In addition, data showed that production in the manufacturing sector of the industry - a key component of the overall figures for the manufacturing sector rose by 0.4 % in October , due to increased production of vehicles and electronic equipment.

The yen rose against the U.S. dollar , which was associated with the publication of data on Japan. Despite today's pullback , the couple grows 7th consecutive week against the backdrop of risk appetite , which activates sell yen . As for the reports , orders for machinery and equipment in Japan rose by 15.4 % y / y in November , nearly doubling the October value of 8.4 %.

Meanwhile, it became known that the level of consumer confidence in Japan improved in November , but less than economists had forecast .

The unadjusted consumer confidence index , which excludes households with one person was in the last month of 41.9 points, compared with 41.2 in October. Economists expected the index to rise to the level of 44 points .

Sub- index of overall confidence rose to 39.1 in November from 37.7 a month earlier. At the same time , the sub- index , which assesses the expectations regarding the growth of household income rose to 39.1 from 38.1 . We also add that consumers' willingness to buy durable goods was less positive in November - the corresponding indicator fell to 42.4 from 42.9 in October. Employment sub-index rose to 47.1 from 46.1 .

Pound traded mixed against the dollar , which is primarily due to the release of data on Britain. The Office for National Statistics reported that industrial production in the UK rose in October , while the figures for international trade continued to disappoint , highlighting the challenges facing policy-makers who are eager to see the rebalancing of the UK economy on the export of consumer spending.

The report showed that production in the manufacturing sector rose by 0.4 % between September and October , which helped increase the total volume of industrial production by 0.4%. I also add that the production in the manufacturing sector turned in October by 2.7 % higher than the same period a year earlier , which allowed to fix the largest annual growth rate since May 2011.

Led growth activity was the production of cars, airplanes and other vehicles , which in October reached its highest level since the beginning of research in 1968 , said the Office for National Statistics .

But the rise in industrial production in October was not reflected in the UK trade figures . Although the UK deficit in trade in goods with the rest of the world fell in October to 9.7 billion pounds, he was bigger than analysts had expected - at 9.2 billion pounds .

In addition , we add that the deficit in trade in goods for September was revised up to 10.1 billion pounds from 9.8 billion pounds . We also learned that the UK deficit in trade in goods with the European Union set a new record in October - at 6.5 billion pounds .

EUR / USD: during the European session, the pair rose to $ 1.3767 , and then retreated to $ 1.3744

GBP / USD: during the European session, the pair traded in the range of $ 1.6415 -$ 1.6465

USD / JPY: during the European session, the pair dropped to Y102.70

At 15:00 GMT Britain to publish data on the change in GDP from NIESR November . At 15:00 GMT the United States will announce the level of vacancies and labor turnover in October. At 23:30 GMT Australia will present consumer confidence index from Westpac in December. At 23:50 GMT , Japan will release data on changes in the volume of orders for machinery and equipment in October.