The European trading session starts with traders focus on German Industrial Production due at 6:00GMT, the France trade balance will be released at 6:45GMT.
In the American forex calendar we have from Canada the CMHC Housing Starts at 12:15GMT and Building Permits m/m due at 12:30GMT. In the US we have the PPI m/m and Core PPI m/m due at 12:30GMT.
In our central bank calendar, the BOE’s Tenryro and ECB’s Lane both speak at 9:30GMT while Fed Chair Powell will deliver a speech at 18:30GMT.
Download our Markets Q4 Outlook Today!
During the Asian trading session, China’s Caixin Composite PMI came in at 51.9 in September from 51.6 in August.
Australia business confidence came in at 0 the previous reading was 1 while the business conditions came in at 2 from the previous reading of 1. The Japan Household spending for August came in at +1.0% y/y above expectations of -1.0%.
Asian indices are trading higher today; Nikkei is 1.16% higher at 21,621. EURUSD trades 0.01% higher at 1.0980; the USDJPY is 0.14% higher at 107.39 while the AUDUSD is 0.26% higher at 0.6750.
The central bank of China set the Yuan rate (USDCNY) at 7.0726.