(pare/closed(GMT +3)/change, %)

EUR/USD $1,1040 -0,90%

GBP/USD $1,2396 -0,98%

USD/CHF Chf0,9741 +0,59%

USD/JPY Y104,45 +1,27%

EUR/JPY Y115,31 +0,42%

GBP/JPY Y129,47 +0,32%

AUD/USD $0,7726 +0,70%

NZD/USD $0,7342 +0,23%

USD/CAD C$1,3361 -0,31%

00:30 Australia National Australia Bank's Business Confidence October 6

02:00 China Trade Balance, bln October 41.99 51.7

05:00 Japan Leading Economic Index (Preliminary) September 100.9

05:00 Japan Coincident Index (Preliminary) September 112

06:45 Switzerland Unemployment Rate (non s.a.) October 3.2%

07:00 Germany Current Account September 17.9

07:00 Germany Industrial Production s.a. (MoM) September 2.5% -0.2%

07:00 Germany Trade Balance (non s.a.), bln September 20.0

07:45 France Trade Balance, bln September -4.3

09:30 United Kingdom Industrial Production (MoM) September -0.4% 0.1%

09:30 United Kingdom Industrial Production (YoY) September 0.7% 0.8%

09:30 United Kingdom Manufacturing Production (MoM) September 0.2% 0.4%

09:30 United Kingdom Manufacturing Production (YoY) September 0.5% -0.2%

12:00 U.S. Presidential Election

13:15 Canada Housing Starts October 220.6

13:30 Canada Building Permits (MoM) September 10.4%

15:00 United Kingdom NIESR GDP Estimate October 0.4%

15:00 U.S. JOLTs Job Openings September 5.443

23:30 Australia Westpac Consumer Confidence November 1.1%

23:50 Japan Current Account, bln September 2000 1960

Gold futures fell Monday morning as markets were soothed by news that the FBI has cleared Hillary Clinton yet again.

After taking another look at her email issue, the feds said they found nothing to charge her with any criminal wrongdoing.

Clinton, the candidate favored by Wall Street, is expected to edge protectionist Donald Trump in the U.S. election tomorrow.

Gold, which surged higher on its safe haven appeal last week as Trump narrowed the gap, is now in retreat.

According to rttnews, on Sunday, Donald Trump warned that if a company leaves Minnesota, fire their workers, and move to another country, and then ship their products back into the United States, his administration will make them pay a 35 percent tax.

Foreign exchange reserves in Switzerland increased indicating continued intervention by the Swiss National Bank to curb the growth of the national currency.

In October, foreign currency reserves amounted to 630.34 billion Swiss francs (644.7 billion US dollars), an increase of 2 billion francs vs September.

EUR/USD 1.0800 (EUR 908m) 1.0900 (338m) 1.0995-00 (632m) 1.1050 (414m), 1.1075 (798m) 1.1100 (777m) 1.1130-40 (652m)

USD/JPY 103.00 (USD 499m) 103.50 (507m) 104.00 (460m) 105.00 (340m)

AUD/USD 0.7600-05 (AUD 475m) 0.7700 (328m)

USD/CAD 1.3190-00 (USD 930m) 1.3340-50 (550m) 1.3500 (420m) 1.3700 (601m)

EUR/JPY 114.50 (EUR 310m)

EUR/USD

Offers : 1.1070 1.1085 1.1100 1.1130 1.1150 1.1180 1.1200 1.1250

Bids : 1.1050 1.1030 1.1000 1.0980 1.0950 1.0935 1.0900

GBP/USD

Offers : 1.2430 1.2460 1.2485 1.2500 1.2520 1.2550 1.2580 1.2600

Bids : 1.2400 1.2380 1.2365 1.2350 1.2330 1.2300 1.2280 1.2250

EUR/GBP

Offers : 0.8930-35 0.8950 0.8980 0.9000 0.9030 0.9050 0.9070 0.9100

Bids : 0.8900 0.8885 0.8860 0.8835 0.8800 0.8785 0.8750

EUR/JPY

Offers : 116.00 116.30 116.50 116.90-117.00 117.50 118.00

Bids : 115.30 115.00 114.85 114.50 114.20 114.00 113.85 113.50 113.00

USD/JPY

Offers : 104.75-80 105.00 105.20 105.50 105.80 106.00 106.50

Bids : 104.20 104.00 103.80 103.50 103.35 103.00 102.80 102.50 102.20 102.00

AUD/USD

Offers : 0.7700-10 0.7730 0.7750 0.7780 0.7800

Bids : 0.7660 0.7630 0.7600 0.7580 0.7550 0.7500

"The High Court's decision that Parliament needs to support Article 50 before the government can trigger it is about the process of leaving the EU and in no way challenges the referendum's decision to leave. Should the Supreme Court uphold the High Court's decision, the government would have to bring in a new law, voted on in Parliament, to leave the EU. That could be subject to much debate over what Brexit will look like in both the House of Commons and House of Lords and it could delay PM Theresa May's plan to trigger Article 50 before the end of March 2017. Needless to say, if the Supreme Court overturns the High Court's decision, expectations of a hard Brexit will spring back.

In the short term, therefore, the political situation is something of a vacuum and some scaling back of hard Brexit-related bearishness towards the sterling may be prudent over the coming weeks. Sterling's most recent slide started in early October as the Conservative Party conference got underway. Sterling was trading just below 1.30 vs USD back then, so a recovery towards a 1.28-1.30 range is feasible, and possibly more likely if the Supreme Court upholds the High Court's decision.

...We highlighted this view Outlook for November, arguing that a pause for breath in sterling's decline was warranted. That was premised largely on the view that the hard Brexit story was largely discounted based on available information and recent political rhetoric. We also anticipated that the BoE was likely to revise up its inflation forecasts in the November Inflation Report and that the case for additional easing in the near term was not there. What we did not know a couple of weeks ago was what the ruling of the High Court would be.

Therefore, our expectation that sterling would trade in a 1.20- 1.25 range over the next six months or so might be vulnerable to a more sustained topside break driven by expectations of potentially greater balance returning to the Brexit debate. We therefore see upside risks to our current sterling forecasts of 1.25-1.30 vs USD in the coming months, but would be hesitant to get more bullish that that until the political and legal framework becomes clearer".

Copyright © 2016 ANZ, eFXnews™

In September 2016 compared with August 2016, the seasonally adjusted volume of retail trade fell by 0.2% in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union.

In August the retail trade volume decreased by 0.2% in the euro area and by 0.1% in the EU28. In September 2016 compared with September 2015 the calendar adjusted retail sales index increased by 1.1% in the euro area and by 2.2% in the EU28.

This morning, the New York futures for Brent rose 1.52% to $ 44.75 and crude oil futures for WTI rose 1.27% to $ 46.16 per barrel. Thus, the black gold is gaining in anticipation of the presidential elections in the United States, which will take place on 8 November. Last week, oil prices fell to the lowest level since early August. Fundamentals in the oil market remained negative. According to Baker Hughes, the number of drilling rigs in the United States increased by 9, up to 450. Brent crude oil prices dropped by 15% since mid-October, when it was worth from $ 53.7. This happened against the backdrop of OPEC talks to freeze oil production, which are still ongoing.

Latest Eurozone Retail PMI data pointed to a further decrease in sales in October, the fourth in the past five months. Although Germany saw ongoing sales growth, it was offset by further contractions in both France and Italy.

October's headline Markit Eurozone Retail PMI - which tracks month-on-month changes in like-for-like retail sales in the bloc's biggest three economies combined - registered 48.6, down from 49.6 in September and its lowest reading since June.

Sales also decreased on an annual basis at the start of the fourth quarter, with the rate of decline the second-fastest seen in over one-and-a-half years (second only to that observed in April).

• House prices in the three months to October were 5.2% higher than in the same three months of 2015

• Prices in the last three months (AugustOctober) were 0.1% higher than in the preceding quarter

Martin Ellis, Halifax housing economist, said: "House prices in the three months to October were largely unchanged compared with the previous quarter. The annual rate of growth continued on its recent downward trend, easing to 5.2%. "Activity levels, like house price growth, have softened compared with a year ago. Home sales, however, appear to have stabilised in recent months following the distortions earlier in the year due to the changes to stamp duty in April".

The Swiss Consumer Price Index (CPI) increased by 0.1% in October 2016 compared with the previous month, reaching 100.3 points (December 2015=100). Inflation was -0.2% in comparison with the same month in the previous year. These are the findings from the Federal Statistical Office

EUR/USD 1.0800 (EUR 908m) 1.0900 (338m) 1.0995-00 (632m) 1.1050 (414m), 1.1075 (798m) 1.1100 (777m) 1.1130-40 (652m)

USD/JPY 103.00 (USD 499m) 103.50 (507m) 104.00 (460m) 105.00 (340m)

AUD/USD 0.7600-05 (AUD 475m) 0.7700 (328m)

USD/CAD 1.3190-00 (USD 930m) 1.3340-50 (550m) 1.3500 (420m) 1.3700 (601m)

EUR/JPY 114.50 (EUR 310m)

"The Dollar has fallen sharply over the past week, as polls have tightened into the upcoming election. On a trade-weighted basis versus the majors, the greenback is down more than one percent, a number that understates the decline because the fall in oil prices has weighed on the Canadian Dollar, which has a large weight in our Dollar index.

We show that recent Dollar weakness is associated with a meaningful pullback in market pricing for the Fed, with cumulative hikes through end-2017 falling to 32 bps as of Friday, down from 41 bps a week earlier. That said, the drop in the Dollar has gone beyond what rate differentials indicate, suggesting that a risk premium has formed even beyond expectations for Fed hikes.

While near-term focus in the market is on potential further declines in the Dollar in the event of a Trump victory, the likelihood of a meaningful Dollar rise in a Clinton win scenario is rising. In particular, based on the make-up of the Dollar sell-off over the past 10 days, we think the greenback could recover the most ground against the Euro and the Yen.

Although we are bearish on the Canadian Dollar, targeting 1.37 by year-end, we think it is better to steer clear of long $/CAD on a Clinton win, because there could be a material bounce in risk appetite that would drive oil prices higher, temporarily buoying CAD. Finally, RMB depreciation pressure is likely to mount again on a Clinton win, as the Dollar gains into the December FOMC, where our economists expect a hike with a large probability".

Copyright © 2016 Goldman Sachs, eFXnews™

• Some members said caution about inflation may last longer than expected

• Many members shared the view that QQE lowered real interest rates by raising inflation expectations and push down nominal interest rates

• One member said that it was necessary for the implementation of monetary policy to increase inflation expectations

Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in September 2016 a seasonally and working-day adjusted 0.6% on August 2016. For August 2016, revision of the preliminary outcome resulted in an increase of 0.9% compared with July 2016 (primary +1.0%). Price-adjusted new orders without major orders in manufacturing had increased in September 2016 a seasonally and working-day adjusted 1.0% on August 2016.

In September 2016, domestic orders decreased by 1.1% and foreign orders decreased by 0.3% on the previous month. New orders from the euro area were down 4.5% on the previous month, while new orders from other countries increased by 2.5% compared to August 2016.

In September 2016 the manufacturers of intermediate goods saw new orders rise by 0.5% compared with August 2016. The manufacturers of capital goods showed decreases of 1.6% on the previous month. For consumer goods, an increase in new orders of 0.5% was recorded.

According to rttnews, the U.K. private sector growth picked up in the three months to October, the latest growth indicator from the Confederation of British Industry showed Sunday.

The growth indicator rose to +8 percent from +3 percent in three months to September.

Output continued to grow at a robust pace in manufacturing and distribution, while it remained flat in consumer services. Meanwhile, business and professional services logged only a marginal growth.

A balance of +13 percent expect further increase in activity in the next three months, with predictions of healthy growth across all sectors.

"Although growth will be robust for the remainder of this year, we expect uncertainty around the UK's relationship with the EU to dampen business investment in 2017, along with a rise in inflation which will knock household spending," Rain Newton-Smith, CBI chief economist, said.

EUR/USD

Resistance levels (open interest**, contracts)

$1.1257 (3721)

$1.1214 (1916)

$1.1172 (318)

Price at time of writing this review: $1.1070

Support levels (open interest**, contracts):

$1.1026 (1930)

$1.0981 (3121)

$1.0924 (3136)

Comments:

- Overall open interest on the CALL options with the expiration date December, 9 is 57559 contracts, with the maximum number of contracts with strike price $1,1400 (6589);

- Overall open interest on the PUT options with the expiration date December, 9 is 50310 contracts, with the maximum number of contracts with strike price $1,0900 (4234);

- The ratio of PUT/CALL was 0.87 versus 1.04 from the previous trading day according to data from November, 4

GBP/USD

Resistance levels (open interest**, contracts)

$1.2710 (1746)

$1.2613 (1147)

$1.2518 (1827)

Price at time of writing this review: $1.2440

Support levels (open interest**, contracts):

$1.2388 (1094)

$1.2291 (3397)

$1.2194 (946)

Comments:

- Overall open interest on the CALL options with the expiration date December, 9 is 32078 contracts, with the maximum number of contracts with strike price $1,3400 (2559);

- Overall open interest on the PUT options with the expiration date December, 9 is 33627 contracts, with the maximum number of contracts with strike price $1,2300 (3397);

- The ratio of PUT/CALL was 1.05 versus 0.94 from the previous trading day according to data from November, 4

* - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** - Open interest takes into account the total number of option contracts that are open at the moment.