(pare/closed(GMT +2)/change, %)

EUR/USD $1,0863 +0,60%

GBP/USD $1,2557 +0,68%

USD/CHF Chf0,9855 -0,59%

USD/JPY Y110,63 -0,62%

EUR/JPY Y120,18 -0,02%

GBP/JPY Y138,91 +0,06%

AUD/USD $0,7613 -0,12%

NZD/USD $0,7042 +0,23%

USD/CAD C$1,338 +0,01%

07:00 Eurozone ECB's Benoit Coeure Speaks

11:45 Eurozone ECB's Benoit Coeure Speaks

12:30 U.S. Goods Trade Balance, $ bln. February -69.2

13:00 U.S. S&P/Case-Shiller Home Price Indices, y/y January 5.6% 5.7%

14:00 U.S. Richmond Fed Manufacturing Index March 17

14:00 U.S. Consumer confidence March 114.8 113.8

14:10 Canada BOC Gov Stephen Poloz Speaks

16:45 U.S. FOMC Member Esther George Speaks

16:50 U.S. Fed Chairman Janet Yellen Speaks

17:00 U.S. FOMC Member Kaplan Speak

20:30 U.S. FOMC Member Jerome Powell Speaks

23:50 Japan Retail sales, y/y February 1% 0.5%

• Ecb says first covered bond purchase programme total now 10.183 bln euros

• Ecb says second covered bond purchase programme total now 6.226 bln euros

EURUSD: 1.0680 (EUR 385m) 1.0790-1.0800 (495m) 1.0825-30 (535m) 1.0900 (235m) 1.1000 (300m)

USDJPY: 111.00 (USD 390m) 112.00 (395m)

AUDUSD: 0.7560-70 (AUD 405m)

NZDUSD: 0.7000 (NZD 395m) 0.7068-70 ( 855m)

EUR/USD

Offers: 1.0880 1.0900 1.0930 1.0950 1.1000

Bids: 1.0850 1.0835 1.0820 1.0800 1.0780 1.0765 1.0750 1.0700

GBP/USD

Offers: 1.2580 1.2600 1.2630 1.2650 1.2575 1.2700

Bids: 1.2550 1.2530 1.2500 1.2480-85 1.2465 1.2450 1.2425-30 1.2400

EUR/JPY

Offers: 120.00 120.30 120.50 120.85 121.00 121.50

Bids: 119.50 119.30 119.00 118.80 118.65 118.50

EUR/GBP

Offers: 0.8650-55 0.8685 0.8700 0.8725-30 0.8750 0.8780-85 0.8800

Bids: 0.8635 0.8620 0.8600 0.8580-85 0.8550 0.8530 0.8500

USD/JPY

Offers: 110.35 110.50 110.80 111.00 111.20 111.50-55 111.65 111.80 112.00

Bids: 110.00 109.85 109.65 109.50 109.30 109.00 108.80 1.0850

AUD/USD

Offers: 0.7650 0.7665 0.7680-85 0.7700 0.7720 0.7735 0.7750

Bids: 0.7600 0.7580 0.7565 0.7550 0.7500

• PM wants to use Scotland visit to point to significant areas of agreement on what they want to get from Article 50 Brexit process

• Already sharing info on Vicenza and Veneto with commission

• We need possibility to supervise systemic broker dealers

• Claw-back concept of EBA's bad bank idea is no solution because we need certainty in prices

• Other banks we've already started sharing information with commission

• There will be decision soon about Monte Paschi

• No news from U.S colleague on Basel

• If bank wants to move back-to-back, it will have to be more urgent

• Some will take months, some may even take 1 or 2 years

• Phase-in periods depend on risk, information

• We probably will have many banking groups coming in due to Brexit

• Wants to avoid spillover from any sudden adjustment to banks' business models

• Will oversee banks' contingency plans to handle "range of possible outcomes" from Brexit talks

• 2017 stress tests to have two scenarios, one short-term and one long-term

• Remains committed to robust regulatory standards

• BoE to launch review into credit quality of new consumer lending

• Will review 13.5 pct tier capital ratio goal once basel iii standards completed

• 2017 explanatory scenario focuses on pressures to bank profits

• 2017 short-term 'cyclical' scenario similar to 2016, factors in risk of sharper china down turn

The Ifo Business Climate Index rose to 112.3 points in March from 111.1 (seasonally adjusted) points last month, reaching its highest level since July 2011. The upwards trend in assessments of the current business situation continues unabated. The business outlook for companies also improved again this month. The upswing in the German economy is gaining impetus.

In the manufacturing sector, the index also rose to its highest level since July 2011. This was primarily due to markedly more optimistic expectations on the part of manufacturers. Assessments of the current business situation also improved. This very positive development was partly driven by a renewed upturn in demand. Prices continued to follow an upwards trend. The index rose in nearly all key segments of manufacturing.

The annual growth rate of the broad monetary aggregate M3 stood at 4.7% in February 2017, after 4.8% in January 2017 (revised from 4.9%). The annual growth rate of the narrower aggregate M1, which includes currency in circulation and overnight deposits, stood at 8.4% in February, unchanged from the previous month. The annual growth rate of adjusted loans to households stood at 2.3% in February, compared with 2.2% in January. The annual growth rate of adjusted loans to non-financial corporations decreased to 2.0% in February, from 2.3% in January.

Corporate service prices in Japan were up 0.8 percent on year in February, the Bank of Japan cited by rttnews.

That exceeded forecasts for 0.5 percent, which would have been unchanged from the January reading.

On a monthly basis, prices added 0.3 percent after sliding 0.5 percent in the previous month.

Among the individual components, prices were up for advertising services, transportation, communications and real estate. Prices were down for leasing and rental.

• "I'm a little surprised" by opposition from house freedom caucus

• We have to let Obamacare go its own way for a little while

• Republicans will probably work on tax reform now

• We learned a lot about loyalty

• Would be really good is if democrats got together with us

• Outlook is stable, given the unchanged very strong credit fundamentals, expectations those strengths will be maintained over medium term

• For 2017, expects growth to accelerate further to 1.5% and close to 2% in 2018

• Appropriate for BoJ to pursue easy policy as still a long way to 2 pct inflation target

• JGB yield curve remains in line with guidelines for BoJ market operations

• Outlook is stable, given the unchanged very strong credit fundamentals, expectations those strengths will be maintained over medium term

• For 2017, expects growth to accelerate further to 1.5% and close to 2% in 2018

EUR/USD

Resistance levels (open interest**, contracts)

$1.0974 (2326)

$1.0921 (990)

$1.0871 (110)

Price at time of writing this review: $1.0844

Support levels (open interest**, contracts):

$1.0693 (432)

$1.0639 (721)

$1.0576 (1291)

Comments:

- Overall open interest on the CALL options with the expiration date June, 9 is 42473 contracts, with the maximum number of contracts with strike price $1,1450 (3934);

- Overall open interest on the PUT options with the expiration date June, 9 is 48232 contracts, with the maximum number of contracts with strike price $1,0350 (3949);

- The ratio of PUT/CALL was 1.14 versus 1.10 from the previous trading day according to data from March, 24

GBP/USD

Resistance levels (open interest**, contracts)

$1.2810 (2168)

$1.2713 (842)

$1.2617 (324)

Price at time of writing this review: $1.2526

Support levels (open interest**, contracts):

$1.2385 (574)

$1.2288 (251)

$1.2191 (520)

Comments:

- Overall open interest on the CALL options with the expiration date June, 9 is 15209 contracts, with the maximum number of contracts with strike price $1,3000 (1197);

- Overall open interest on the PUT options with the expiration date June, 9 is 17434 contracts, with the maximum number of contracts with strike price $1,1500 (3088);

- The ratio of PUT/CALL was 1.15 versus 1.14 from the previous trading day according to data from March, 24

* - 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.