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  • Foreign exchange market. Asian session: the U.S. dollar traded mixed to higher against the most major currencies, supported by Friday’s U.S. labour market data
Market news
08.12.2014, 09:59

Foreign exchange market. Asian session: the U.S. dollar traded mixed to higher against the most major currencies, supported by Friday’s U.S. labour market data

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

00:01 United Kingdom BOE Quarterly Bulletin

00:30 Australia ANZ Job Advertisements (MoM) November +0.2% +0.7%

02:00 China Trade Balance, bln November 45.4 44.3 54.5

05:00 Japan Eco Watchers Survey: Current November 44.0 45.9 41.5

05:00 Japan Eco Watchers Survey: Outlook November 46.6 44.0

07:00 Germany Industrial Production s.a. (MoM) October +1.1% Revised From +1.4% +0.2% +0.2%

07:00 Germany Industrial Production (YoY) October -0.1% +0.8%

08:15 Switzerland Retail Sales Y/Y October +0.5% +0.9% +0.3%

08:15 Switzerland Consumer Price Index (MoM) November 0.0% 0.0% 0.0%

08:15 Switzerland Consumer Price Index (YoY) November 0.0% 0.0% -0.1%

09:30 Eurozone Sentix Investor Confidence December -11.9 -9.9 -2.5

The U.S. dollar traded mixed to higher against the most major currencies. The greenback was supported by Friday's U.S. labour market data. The U.S. economy added 321,000 jobs in November, exceeding expectations for a rise of 225,000 jobs, after a gain of 243,000 jobs in October. October's figure was revised up from a rise of 214,000 jobs.

The U.S. unemployment rate remained unchanged at 5.8% in November, in line with expectations.

The U.S. currency was also supported by weak Chinese trade data. China's imports dropped 6.7% in November, after a 4.6% rise in October. Exports climbed 4.7% in November, after 11.6% gain in October.

The New Zealand dollar declined against the U.S. dollar due to stronger the U.S. currency. No major market reports were released in New Zealand.

The Australian dollar fell against the U.S. dollar despite the solid economic data from Australia. Job advertisements in Australia increased 0.7% in November, after a 0.2% rise in October.

The Japanese yen traded mixed against the U.S. dollar after the mostly weak economic data from Japan. Japan's gross domestic product (GDP) was revised down to an annual fall of 1.9% in the third quarter from the preliminary estimate of a 1.6% decrease.

Japan's adjusted current account surplus rose to 947.0 billion yen in October from 414.4 billion yen in September.

Japan's economy watchers' current conditions index declined to 41.5 in November from 44.0 in October, missing expectations for an increase to 45.9.

Japan's economy watchers' future conditions index dropped to 44.0 in November from 46.6 in October.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair fell to $1.5554

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

10:00 Eurozone Eurogroup Meetings

13:15 Canada Housing Starts November 184 201

13:30 Canada Building Permits (MoM) October +12.7% +2.1%

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