Investors await today the Fed decision but before that we have many macro data coming out from Europe; the France Q3 preliminary GDP figures due at 6:30GMT, France September consumer spending data will be out at 7:45GMT. The Switzerland October KOF leading indicator index will be released at 8:00GMT. Spain October preliminary CPI figures expected at 8:00GMT, Germany October unemployment change, rate will be out at 8:55GMT.
Switzerland October Credit Suisse investor sentiment survey will be released at 9:00GMT, followed by the Eurozone October final consumer confidence and Eurozone October economic, industrial and services confidence due at 10:00GMT. US MBA mortgage applications for the week 25 October will be out at 11:00GMT, the Germany October preliminary CPI figures will be out at 13:00GMT.
In the American forex calendar we have the ADP Nonfarm Employment Change due at 12:15, followed by the US GDP q/q at 12:30.
Crude oil traders await the EIA Crude Oil Stocks Change due at 14:30GMT.
Asian equity indices are trading lower today; Nikkei is 0.57% lower at 22,843 and the Hang Seng trading 0.48% lower at 26,655. EURUSD trades 0.0% higher at 1.1116; the USDJPY is 0.04% lower at 108.84 while the AUDUSD is 0.02% higher at 0.6865.
The central bank of China set the Yuan rate (USDCNY) at 7.0617 versus yesterday settlement at 7.0762.Download our latest quarterly market outlookfor our longer-term trade ideas.
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