(raw materials / closing price /% change)

Oil 49.93 +0.04%

Gold 1,311.00 +0.02%

(index / closing price / change items /% change)

TOPIX +6.81 1638.94 +0.42%

Hang Seng +352.18 28159.77 +1.27%

CSI 300 +11.84 3843.14 +0.31%

Euro Stoxx 50 +11.19 3526.74 +0.32%

FTSE 100 +37.81 7253.28 +0.52%

DAX +40.58 12559.39 +0.32%

CAC 40 +15.41 5229.32 +0.30%

DJIA +63.01 22331.35 +0.28%

S&P 500 +3.64 2503.87 +0.15%

NASDAQ +6.17 6454.64 +0.10%

S&P/TSX +63.64 15236.67 +0.42%

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

EUR/USD $1,9498 +0,33%

GBP/USD $1,3495 -0,68%

USD/CHF Chf0,96124 +0,20%

USD/JPY Y111,54 +0,65%

EUR/JPY Y133,30 +0,68%

GBP/JPY Y150,516 -0,03%

AUD/USD $0,7958 -0,53%

NZD/USD $0,7257 -0,42%

USD/CAD C$1,22895 +0,79%

01:30 Australia House Price Index (QoQ) Quarter II 2.2%

01:30 Australia RBA Meeting's Minutes

08:00 Eurozone Current account, unadjusted, bln July 28.1

09:00 Eurozone ZEW Economic Sentiment September 29.3

09:00 Germany ZEW Survey - Economic Sentiment September 10 12.5

12:30 Canada Manufacturing Shipments (MoM) July -1.8% -1.8%

12:30 U.S. Housing Starts August 1155 1180

12:30 U.S. Building Permits August 1230 1220

12:30 U.S. Import Price Index August 0.1% 0.3%

12:30 U.S. Current account, bln Quarter II -116.8 -115.0

22:45 New Zealand Current Account Quarter II 0.24

23:50 Japan Trade Balance Total, bln August 419 93.9

Major US stock indexes rose slightly, reaching new highs in the course of trading, thanks to financial, technological and industrial shares. At the same time, investors were cautious in expectation of signals from the Federal Reserve about their future path on monetary policy.

The FOMC meeting will begin tomorrow, and its results will be announced on Wednesday. This meeting will be extended - it will be accompanied by a renewal of economic forecasts and a press conference of the chairman. At the upcoming meeting, with a high degree of probability, we can expect the rates to remain unchanged. But the main thing in the meeting will not be this. Markets expect that in September the Fed will announce the beginning of the process of normalizing its balance sheet, which representatives of the regulator have been saying for several months.

In addition, as it became known today, the housing market index weakened in September. The confidence of home builders in the market for newly built single-family houses fell by three points to 64 in September from the revised August reading of 67 according to the housing market index (HMI) from the National Association of House Builders (NAHB) / Wells Fargo. In September, all three components of HMI suffered losses, but remained at healthy levels. The component measuring current sales conditions fell by 4 points to 70, and the sales forecast index in the next 6 months decreased by 4 points to 74. The component measuring consumer traffic decreased by 1 point, to 47.

Components of the DOW index finished trading mixed (15 in positive territory, 15 in negative territory). The leader of growth was shares of General Electric Company (GE, + 2.59%). Outsider were the shares of Apple Inc. (AAPL, -0.61%).

Most sectors of the S & P index recorded an increase. The industrial goods sector grew most (+ 1.1%). The utilities sector showed the greatest decrease (-0.9%).

At closing:

DJIA + 0.28% 22,331.35 +63.01

Nasdaq + 0.10% 6,454.64 +6.17

S & P + 0.15% 2,503.88 +3.65

• Some of the disinflationary shock to demand has been deferred while most inflationary channels have begun to appear

• Says main question about Brexit's impact on inflation is extent to which it has been brought forward

Builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September from a downwardly revised August reading of 67 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

"The recent hurricanes have intensified our members' concerns about the availability of labor and the cost of building materials," said NAHB Chairman Granger MacDonald, a home builder and developer from Kerrville, Texas. "Once the rebuilding process is underway, I expect builder confidence will return to the high levels we saw this spring."

"Despite this month's drop, builder confidence is still on very firm ground," said NAHB Chief Economist Robert Dietz. "With ongoing job creation, economic growth and rising consumer confidence, we should see the housing market continue to recover at a gradual, steady pace throughout the rest of the year."

EURUSD: 1.1855 (EUR 325m) 1.1970 (330m)

USDJPY: 110.00 (USD 675m) 111.00-05 (795m) 111.20 (495m)

U.S. stock-index futures were slightly higher on Monday, indicating a continuation of last week's winning streak, as investor appetite for riskier assets increased on fading concerns over North Korea and ahead of FOMC meeting.

Global Stocks:

Nikkei -

Hang Seng 28,159.77 +352.18 +1.27%

Shanghai 3,363.22 +9.60 +0.29%

S&P/ASX 5,720.60 +25.58 +0.45%

FTSE 7,246.26 +30.79 +0.43%

CAC 5,226.00 +12.09 +0.23%

DAX 12,552.95 +34.14 +0.27%

Crude $49.59 (-0.60%)

Gold $1,315.30 (-0.75%)

Foreign investment in Canadian securities amounted to $24.0 billion in July, led by record acquisitions of Canadian bonds. At the same time, Canadian investors reduced their holdings of foreign securities by $1.8 billion, following strong acquisitions in June.

As a result, Canada's international transactions in securities generated a net inflow of funds into the Canadian economy of $25.8 billion in July. Foreign investment in Canadian securities has exceeded Canadian investment in foreign securities by $86.2 billion since the beginning of 2017, led by foreign acquisitions of Canadian private corporate instruments.

(company / ticker / price / change ($/%) / volume)

Caterpillar (CAT) upgraded to Buy from Neutral at UBS

Euro area annual inflation was 1.5% in August 2017, up from 1.3% in July 2017. In August 2016 the rate was 0.2%. European Union annual inflation was 1.7% in August 2017, up from 1.5% in July 2017. A year earlier the rate was 0.3%. These figures come from Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Ireland (0.4%), Cyprus (0.5%), Greece and Romania (both 0.6%). The highest annual rates were recorded in Lithuania (4.6%), Estonia (4.2%), and Latvia (3.2%). Compared with July 2017, annual inflation rose in twenty Member States, remained stable in five and fell in three.

The largest upward impacts to the euro area annual inflation came from fuels for transport (+0.16 percentage points), accommodation services (+0.10 pp) and air transport (+0.06 pp), while telecommunication (-0.12 pp), vegetables (-0.05 pp) and social protection (-0.04 pp) had the biggest downward impacts

In July 2017 seasonally-adjusted data, compared to June 2017, decreased by 1.4% for outgoing flows and increased by 0.9% for incoming flows. Exports decreased for non EU countries (-1.8%) and for EU countries (-1.1%). Imports increased for EU countries (+2.4%) and decreased for non EU countries (-1.4%). Over the last three months, seasonally-adjusted data, in comparison with the previous three months, showed a stationary growth for exports and an increase of 1.0% for imports.

In July 2017, compared with the same month of the previous year, exports and imports increased (+5.1% and +10.5% respectively). Outgoing flows increased by 6.2% for EU countries and by 3.8% for non EU countries. Incoming flows increased by 12.1% for EU area and by 8.2% for non EU area. The trade balance in July amounted to +6,560 million Euros (+4,532 million Euros for non EU area and +2,028 million Euros for EU countries).

• Says EU decision on tariffs against China solar panels a positive step for market normalisation

The August 2017 trend estimate (100,809) increased by 0.3% when compared with July 2017.

When comparing national trend estimates for August 2017 with July 2017, sales for Sports utility vehicles and Other vehicles increased by 0.8% and 0.7% respectively. By contrast, Passenger vehicles decreased by 0.4%.

The largest upward movement across all states and territories, on a trend basis, was in the Northern Territory (0.9%), continuing an upward trend that began in January 2017.

The largest downward movement across all states and territories, on a trend basis, was in Tasmania (-0.6%).

European stocks finished with modest losses Friday, led by a sharp drop in U.K. stocks that followed signs that the Bank of England is getting ready to hike interest rates soon. The Stoxx Europe 600 index SXXP, -0.28% ended 0.3% lower at 380.71, after closing at its highest level since Aug. 8 on Thursday.

U.S. stock benchmarks finished in the green on Friday, posting sharp weekly gains, with a big assist from rallying telecommunication and bank shares as Wall Street shook off North Korea's latest missile launch. The Dow Jones Industrial Average DJIA, +0.29% rose 64.86 points, to 0.3%, to close at 22,268.34, logging its fourth straight record close and its sixth consecutive day of gains.

Asia-Pacific equity markets were higher early Monday, with Australia's benchmark index rebounding from three straight sessions of declines, led by strength in financial stocks. The Dow Jones Industrial Average on Friday posted its biggest weekly gain of the year.

EUR/USD

Resistance levels (open interest**, contracts)

$1.2048 (3170)

$1.2022 (1485)

$1.2000 (494)

Price at time of writing this review: $1.1943

Support levels (open interest**, contracts):

$1.1881 (3147)

$1.1850 (4460)

$1.1815 (2592)

Comments:

- Overall open interest on the CALL options and PUT options with the expiration date October, 6 is 96363 contracts (according to data from September, 15) with the maximum number of contracts with strike price $1,1900 (4460);

GBP/USD

Resistance levels (open interest**, contracts)

$1.3732 (998)

$1.3708 (844)

$1.3671 (1123)

Price at time of writing this review: $1.3593

Support levels (open interest**, contracts):

$1.3476 (215)

$1.3450 (101)

$1.3420 (342)

Comments:

- Overall open interest on the CALL options with the expiration date October, 6 is 28684 contracts, with the maximum number of contracts with strike price $1,3300 (2587);

- Overall open interest on the PUT options with the expiration date September, 8 is 30886 contracts, with the maximum number of contracts with strike price $1,2950 (2496);

- The ratio of PUT/CALL was 1.08 versus 1.04 from the previous trading day according to data from September, 15

* - 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.