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Market news
10.12.2014, 13:00

Foreign exchange market. European session: the British pound traded mixed against the U.S. dollar after the weaker-than-expected trade data from the U.K

Economic calendar (GMT0):

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

00:30 Australia Home Loans October -0.4% Revised From -0.7% +0.2% +0.3%

01:30 China PPI y/y November -2.2% -2.3% -2.7%

01:30 China CPI y/y November +1.6% +1.6% +1.4%

05:00 Japan Coincident Index November 38.9 39.6 37.7

06:30 France Non-Farm Payrolls (Finally) Quarter III 0.0% Revised From -0.2% -0.2% -0.3%

07:45 France Industrial Production, m/m October 0.0% +0.2% -0.8%

07:45 France Industrial Production, y/y October -0.3% -1.0%

09:30 United Kingdom Trade in goods October -10.5 Revised From -9.8 -9.5 -9.6

The U.S. dollar traded mixed against the most major currencies. Risk aversion by investors weighed on the greenback. The Greek presidential elections next week and restrictions on collateral for short-term loans by Chinese government led to investments in safe-haven assets.

The Greek government announced yesterday that it would hold presidential elections on Dec. 17. Analysts had not expected this decision.

The euro traded mixed against the U.S. dollar despite the weaker-than-expected trade data from France. Industrial production in France declined 0.8% in October, missing expectations for a 0.2% gain, after the flat reading in September.

On a yearly basis, French industrial production dropped 1.0% in October, after a 0.3% decline in September.

Final non-farm payrolls in France decreased 0.3% in the third quarter, missing forecasts of a 0.2% decline, after the flat reading in the second quarter. The second quarter's figure was revised up from a 0.2 fall.

The British pound traded mixed against the U.S. dollar after the weaker-than-expected trade data from the U.K. The U.K. trade deficit fell to £9.6 billion in October from £10. 5 billion in September, missing expectations for a deficit of £9.5 billion. September's figure was revised down from a deficit of £9.8 billion.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

16:15 Canada Gov Council Member Wilkins Speaks

20:00 New Zealand RBNZ Interest Rate Decision 3.50% 3.50%

20:00 New Zealand RBNZ Rate Statement

20:00 New Zealand RBNZ Press Conference

23:50 Japan Core Machinery Orders October +2.9% -1.7%

23:50 Japan Core Machinery Orders, y/y October +7.3%

23:50 Japan Tertiary Industry Index October +1.0% -0.1%

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