Foreign exchange market. European session: the euro traded higher against the U.S. dollar on the positive economic data from the Eurozone

Economic calendar (GMT0):

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

00:30 Australia Current Account, bln Quarter III -20.5 Revised From -19.0 -16.5 -18.1

00:30 Australia Building Permits, m/m October 2.3% Revised From 2.2% -2.3% 3.9%

01:00 China Non-Manufacturing PMI November 53.1 53.6

01:00 China Manufacturing PMI November 49.8 49.8 49.6

01:35 Japan Manufacturing PMI (Finally) November 52.4 52.8 52.6

01:45 China Markit/Caixin Manufacturing PMI November 48.3 48.3 48.6

03:30 Australia Announcement of the RBA decision on the discount rate 2% 2% 2%

03:30 Australia RBA Rate Statement

06:45 Switzerland Gross Domestic Product (YoY) Quarter III 0.9% Revised From 1.2% 0.9% 0.8%

06:45 Switzerland Gross Domestic Product (QoQ) Quarter III 0.2% 0.2% 0.0%

08:15 Switzerland Retail Sales (MoM) October 0.1% 0.3%

08:15 Switzerland Retail Sales Y/Y October 0.2% 0.4% -0.8%

08:30 Switzerland Manufacturing PMI November 50.7 51 49.7

08:50 France Manufacturing PMI (Finally) November 50.6 50.8 50.6

08:55 Germany Manufacturing PMI (Finally) November 52.1 52.6 52.9

08:55 Germany Unemployment Change November -7 Revised From -5 -5 -13

08:55 Germany Unemployment Rate s.a. November 6.4% 6.4% 6.3%

09:00 Eurozone Manufacturing PMI (Finally) November 52.3 52.8 52.8

09:00 United Kingdom BOE Financial Stability Report

09:00 United Kingdom BOE Gov Mark Carney Speaks

09:30 United Kingdom Purchasing Manager Index Manufacturing November 55.2 Revised From 55.5 53.6 52.7

10:00 Eurozone Unemployment Rate October 10.8% 10.8% 10.7%

The U.S. dollar traded mixed against the most major currencies ahead the release of the U.S. economic data. The final manufacturing purchasing managers' index is expected to decline to 52.6 in November from 54.1 in October.

The ISM manufacturing purchasing managers' index is expected to rise to 50.4 in November from 50.1 in October.

The euro traded higher against the U.S. dollar on the positive economic data from the Eurozone. Eurostat released its unemployment data for the Eurozone on Tuesday. Eurozone's unemployment rate declined to 10.7% in October from 10.8% in September. It was the lowest reading since January 2012. Analysts had expected the unemployment rate to remain unchanged at 10.8%.

Markit Economics released its final manufacturing purchasing managers' index (PMI) for the Eurozone on Tuesday. Eurozone's final manufacturing purchasing managers' index (PMI) rose to 52.8 in November from 52.3 in October, in line with the preliminary reading.

Production and new orders grew in all countries except Greece.

"The euro area's manufacturing recovery continued to build momentum in November, with factory output and new orders both showing the largest monthly gains for one-and-a-half years," Chris Williamson, Chief Economist at Markit said.

"It's by no means a spectacular pace of expansion, however, broadly consistent with 2% annualised growth, and there are also few signs of underlying inflationary pressures picking up," he added.

Germany's final manufacturing purchasing managers' index (PMI) climbed to 52.9 in November from 52.1 in October, up from the preliminary reading of 52.6.

France's final manufacturing purchasing managers' index (PMI) remains unchanged at 50.6 in November, down from the preliminary reading of 50.8.

The Federal Labour Agency released its unemployment figures for Germany on Monday. The number of unemployed people in Germany fell by 13,000 in November, exceeding expectations for a 5,000 decline, after a 7,000 decrease in October. October's figure was revised up from a 5,000 decline.

The unemployment rate fell to 6.3% in November from 6.4% in October. Analysts had expected the unemployment rate to remain unchanged at 6.4%.

The British pound traded lower against the U.S. dollar after the weaker-than-expected manufacturing PMI data from the U.K. Markit Economics released its manufacturing purchasing managers' index (PMI) for the U.K. on Tuesday. The Markit/Chartered Institute of Procurement & Supply manufacturing PMI for the U.K. declined to 52.7 in November from 55.2 in October, missing expectations for a fall to 53.6. October's figure was revised down from 55.5.

A reading above 50 indicates expansion.

The decline was driven by a slower pace of the growth in output and new orders.

"UK manufacturing is moving back into expansion mode during quarter four, as it starts to reverse the losses sustained in the prior quarter. Although the pace of growth so far is only very modest, it positions manufacturing as less of a drag on the broader economy," Markit's Senior Economist Rob Dobson said.

The Canadian dollar traded higher against the U.S. dollar ahead of the release of Canadian gross domestic product (GDP) data. Canada's GDP growth is expected to be flat in September, after a 0.1% gain in August.

The Swiss franc traded lower against the U.S. dollar after the release of the weaker-than-expected Swiss economic data. Switzerland's GDP was flat in the third quarter, missing expectations for a 0.2% rise, after a 0.2% increase in the second quarter.

On a yearly basis, Switzerland's economy grew at 0.8% in the third quarter, missing expectations for a 0.9% rise, after a 0.9% increase in the second quarter. The second quarter's figure was revised down from a 1.2% gain.

Retail sales in Switzerland were down at an annual rate of 0.8% in October, missing expectations for a 0.4% rise, after a 0.2% increase in September.

On a monthly basis, retail sales increased by 0.3% in October, after a 0.1% rise in September.

Credit Suisse released its manufacturing purchasing managers' index (PMI) for Switzerland on Tuesday. The manufacturing purchasing managers' index in Switzerland fell to 49.7 in November from 50.7 in October, missing expectations for an increase to 51.0.

EUR/USD: the currency pair rose to $1.0619

GBP/USD: the currency pair fell to $1.5064

USD/JPY: the currency pair increased to Y123.19

The most important news that are expected (GMT0):

13:30 Canada GDP QoQ Quarter III -0.1%

13:30 Canada GDP (YoY) Quarter III -0.5% 2.3%

13:30 Canada GDP (m/m) September 0.1% 0%

14:45 U.S. Manufacturing PMI (Finally) November 54.1 52.6

15:00 U.S. Construction Spending, m/m October 0.6% 0.5%

15:00 U.S. ISM Manufacturing November 50.1 50.4

17:45 U.S. FOMC Member Charles Evans Speaks

23:30 Australia RBA's Governor Glenn Stevens Speech