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

EUR/USD $1,1764 -0,41%

GBP/USD $1,2821 -0,58%

USD/CHF Chf0,96769 +0,62%

USD/JPY Y109,57 +0,58%

EUR/JPY Y128,91 +0,16%

GBP/JPY Y140,494 0,00%

AUD/USD $0,7912 -0,31%

NZD/USD $0,7279 -0,63%

USD/CAD C$1,2561 +0,04%

00:30 Japan Manufacturing PMI (Preliminary) August 52.1 52.3

07:00 Eurozone ECB President Mario Draghi Speaks

07:00 France Services PMI (Preliminary) August 56 55.8

07:00 France Manufacturing PMI (Preliminary) August 54.9 54.5

07:30 Germany Services PMI (Preliminary) August 53.1 53.3

07:30 Germany Manufacturing PMI (Preliminary) August 58.1 57.7

08:00 Eurozone Manufacturing PMI (Preliminary) August 56.6 56.3

08:00 Eurozone Services PMI (Preliminary) August 55.4 55.4

13:05 U.S. FOMC Member Kaplan Speak

13:45 U.S. Manufacturing PMI (Preliminary) August 53.3 53.3

13:45 U.S. Services PMI (Preliminary) August 54.7 54.9

14:00 Eurozone Consumer Confidence (Preliminary) August -1.7 -1.8

14:00 U.S. New Home Sales July 610 612

14:30 U.S. Crude Oil Inventories August -8.945

22:45 New Zealand Trade Balance, mln July 242 -200

Reports on Fifth District manufacturing activity were largely unchanged in August, according to the latest survey by the Federal Reserve Bank of Richmond. The composite index remained at 14 in August, with an increase in the employment index offsetting a decrease in the shipments index and a very slight decline in the new orders metric. Although the employment index rose from 10 to 17 in August, other measures of labor market activity - wages and average workweek - were largely unchanged.

Expectations around manufacturing activity six months ahead were somewhat tempered from July, but manufacturers remained optimistic. Every index for expected activity was well into positive territory, although almost all of the indexes declined from July to August. The one exception was the measure for expected lead time, which rose from 7 in July to 10 in August.

Survey responses show that growth in both prices paid and prices received moderated in August. Meanwhile, reports on inventory levels were little changed, with the index for finished goods inventories down from 17 to 15 and the index for raw materials inventories rising from 17 to 19.

EUR/USD: $1.1500(E1.88 млрд), $1.1575(E551 млрд), $1.1650-60(E2.38 млрд), $1.1685(E366 млн), $1.1700(E352 млн), $1.1800(E455 млн), $1.1825(E602 млн), $1.1850(E2.26 млрд)

USD/JPY: Y108.50($1.06 млрд), Y109.00($798 млн), Y109.50 ($323 млн), Y110.00-10($1.16 млрд), Y111.00($664 млн)

USD/CHF: Chf0.9770($342 млн)

USD/CAD: C$1.2600($550 млн)

AUD/USD: $0.7795-0.7800(A$649 млн)

NZD/USD: $0.7195-0.7200(NZ$379 млн)

U.S. house prices rose 1.6 percent in the second quarter of 2017 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 6.6 percent from the second quarter of 2016 to the second quarter of 2017. FHFA's seasonally adjusted monthly index for June was up 0.1 percent from May.

The HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.

"U.S. house prices rose in most states during the second quarter," said FHFA Senior Economist William Doerner. "New home sales are climbing but, relative to the overall population, they still remain low from a historical perspective. The tight inventory is a major explanation for why house prices have been increasing every quarter over the last six years."

• Says strategy on Pakistan is broader than in previous administrations and will come down to execution

Sales were up in 6 of 11 subsectors, representing 38% of total retail trade.

Higher sales at general merchandise stores, clothing and clothing accessories stores, and building material and garden equipment and supplies dealers offset lower sales at motor vehicle and parts dealers and gasoline stations. Excluding the latter two subsectors, retail sales were up 1.1%.

After removing the effects of price changes, retail sales in volume terms increased 0.5%.

Sales at general merchandise stores rose 2.9% in June, the largest gain in dollar terms and the fifth increase in six months.

Sales at clothing and clothing accessories stores rose 2.7%. Higher sales at clothing stores (+3.3%) and shoe stores (+5.3%) both followed decreases in May. Jewellery, luggage and leather goods stores sales (-3.7%) were down for the first time since February 2017.

Sales at building material and garden equipment and supplies dealers (+2.2%) rose for the 9th time in 10 months.

The survey of 432 manufacturers found that total order books and export order books were strong in August. The firming in export orders relative to the previous month reflected rising orders in 10 of the 17 manufacturing sub-sectors, led by mechanical engineering and aerospace.

Output growth remained strong and broad based and is expected to remain so over the next quarter. Meanwhile, firms' expectations for output price inflation picked up again after having eased briefly. However, they remained lower than in the first half of 2017.

Stocks were considered to be just above adequate levels, after dipping below in July, but remained below the long-run average.

• Welcomes president Trump's new approach to Afghanistan and the region

• Urges all countries in the region to do their utmost to shut down sanctuaries for extremist groups

The ZEW Indicator of Economic Sentiment for Germany fell considerably by 7.5 points in August 2017 and now stands at 10.0 points. The indicator thus remains significantly below the long-term average of 23.8 points. The assessment of the current economic situation in Germany increased slightly by 0.3 points in August. The corresponding indicator now stands at 86.7 points.

"The significant decrease of the ZEW economic sentiment indicator reflects the high degree of nervousness over the future path of growth in Germany. Both weaker than expected German exports as well as the widening scandal in the German automobile sector in particular have helped contribute to this situation. Overall, the economic outlook still remains relatively stable at a fairly high level," comments ZEW President Professor Achim Wambach.

Public sector net borrowing (excluding public sector banks) increased by £1.9 billion to £22.8 billion in the current financial year-to-date (April 2017 to July 2017), compared with the same period in 2016.

The Office for Budget Responsibility (OBR) forecast that public sector net borrowing (excluding public sector banks) will be £58.3 billion during the financial year ending March 2018.

Public sector net borrowing (excluding public sector banks) was in surplus by £0.2 billion in July 2017, the first July surplus since 2002, while borrowing in July 2016 was £0.3 billion.

Public sector net borrowing (excluding public sector banks) decreased by £27.0 billion to £45.1 billion in the financial year ending March 2017 (April 2016 to March 2017) compared with the financial year ending March 2016; this is the lowest net borrowing since the financial year ending March 2008.

Central government net cash requirement decreased by £25.5 billion to £4.4 billion in the current financial year-to-date (April 2017 to July 2017), compared with the same period in 2016, largely as a result of two large cash transactions; this is the lowest year-to-date central government net cash requirement since 2002.

EUR / USD: $ 1.1500 (E1.88 b), $ 1.1575 (E551 b), $ 1.1650-60 (E2.38 b), $ 1.1685 (E366 m), $ 1.1700 (E352 m), $ 1.1800 (E455 m), $ 1.1825 (E602 m), $ 1.1850 (E2.26 b)

USD / JPY: Y108.50 ($ 1.06 b), Y109.00 ($ 798 m), Y109.50 ($ 323 m), Y110.00-10 ($ 1.16 b), Y111.00 ($ 664 m)

USD / CHF: Chf0.9770 ($ 342 m)

USD / CAD: C $ 1.2600 ($ 550 m)

AUD / USD: $ 0.7795-0.7800 (A $ 649 m)

NZD / USD: $ 0.7195-0.7200 (NZ $ 379m)

• " We stand ready to support peace talks between the afghan government and the taliban without preconditions"

EUR/USD

Resistance levels (open interest**, contracts)

$1.1905 (3148)

$1.1884 (2064)

$1.1856 (1686)

Price at time of writing this review: $1.1802

Support levels (open interest**, contracts):

$1.1748 (1396)

$1.1723 (2524)

$1.1693 (3197)

Comments:

- Overall open interest on the CALL options and PUT options with the expiration date September, 8 is 125948 contracts (according to data from August, 21) with the maximum number of contracts with strike price $1,1600 (5106);

GBP/USD

Resistance levels (open interest**, contracts)

$1.3011 (3121)

$1.2985 (1307)

$1.2948 (541)

Price at time of writing this review: $1.2884

Support levels (open interest**, contracts):

$1.2826 (2012)

$1.2797 (2639)

$1.2763 (1948)

Comments:

- Overall open interest on the CALL options with the expiration date September, 8 is 33046 contracts, with the maximum number of contracts with strike price $1,3150 (3153);

- Overall open interest on the PUT options with the expiration date September, 8 is 28630 contracts, with the maximum number of contracts with strike price $1,2850 (2639);

- The ratio of PUT/CALL was 0.87 versus 0.87 from the previous trading day according to data from August, 21

* - 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.

Exports increased by 4.5% in July 2017, but lost momentum compared to the previous two months. Meanwhile, the imports slipped slightly (- 0.5%). The trade balance showed a large surplus of CHF 3.6 billion.