(raw materials / closing price /% change)

Oil 47.85 +0.25%

Gold 1,254.10 -0.13%

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

Nikkei -276.94 18985.59 -1.44%

TOPIX -19.53 1524.39 -1.26%

Hang Seng -164.57 24193.70 -0.68%

CSI 300 -11.56 3478.04 -0.33%

Euro Stoxx 50 -7.01 3437.14 -0.20%

FTSE 100 -43.32 7293.50 -0.59%

DAX -68.20 11996.07 -0.57%

CAC 40 -3.47 5017.43 -0.07%

DJIA -45.74 20550.98 -0.22%

S&P 500 -2.39 2341.59 -0.10%

NASDAQ +11.64 5840.38 +0.20%

S&P/TSX +63.55 15506.22 +0.41%

(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%

The main US stock indexes ended the auction mixed in the background of Friday's failure to vote in the US Congress on President Donald Trump's bill on health care reform, which made investors doubt that he will be able to carry out tax reform.

In addition, as shown by data provided by the Federal Reserve Bank of Dallas, business activity of Texas producers deteriorated significantly in March, recording the first drop in the last 7 months. In addition, the March value was lower than the experts' forecasts. According to the report, the manufacturing index of the Federal Reserve Bank of Dallas in March fell to 16.9 points from 24.5 points in February. Experts expected that the index will drop only to 22.0 points.

The cost of oil moderately declined on Monday amid uncertainty over whether OPEC will extend the agreement to cut production for the second half of the year. Pressure on oil also provided data from the company Baker Hughes. On Friday, Baker Hughes reported that from 18 to 24 March the number of active drilling rigs for oil production in the US increased to 652 units from 631 units. The latter value is the highest since mid-September 2015.

The components of the DOW index have mostly grown (18 out of 30). The shares of Chevron Corporation fell more than others (CVX, -1.52%). The leader of growth was the shares of E. I. du Pont de Nemours and Company (DD, + 1.28%).

Most sectors of the S & P index recorded an increase. The financial sector fell most of all (-0.2%). The leader of growth was the healthcare sector (+ 0.7%).

At closing:

DJIA -0.22% 20.550.66 -46.06

Nasdaq + 0.20% 5,840.37 +11.63

S & P -0.10% 2,341.61 -2.37

Major U.S. stock-indexes little changed on Monday as investors picked up beaten-down stocks after Wall Street tumbled following the withdrawal of President Donald Trump's healthcare reform bill. Wall Street has rallied since November on bets that Trump's campaign promises of tax cuts and deregulation would sail through a Congress controlled by Republicans.

Most of Dow stocks in negative area (17 of 30). Top loser - Chevron Corporation (CVX-1.31%). Top gainer - E. I. du Pont de Nemours and Company (DD, +1.23%).

Most of S&P sectors also in negative area. Top loser - Industrial goods (-0.5%). Top gainer - Healthcare (+0.6%).

At the moment:

Dow 20501.00 -74.00 -0.36%

S&P 500 2337.25 -7.50 -0.32%

Nasdaq 100 5377.25 -1.50 -0.03%

Oil 47.71 -0.26 -0.54%

Gold 1254.20 +5.70 +0.46%

U.S. 10yr 2.37 -0.03

• 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)

U.S. stock-index futures fell, as the failure of President Donald Trump's healthcare reform bill cast doubts over his ability to deliver on his agenda of tax cuts and simpler regulations.

Global Stocks:

Nikkei 18,985.59 -276.94 -1.44%

Hang Seng 24,193.70 -164.57 -0.68%

Shanghai 3,266.82 -2.62 -0.08%

FTSE 7,275.22 -61.60 -0.84%

CAC 4,998.29 -22.61 -0.45%

DAX 11,951.59 -112.68 -0.93%

Crude $47.50 (-0.98%)

Gold $1,257.60 (+0.73%)

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

Upgrades:

Downgrades:

Other:

Starbucks (SBUX) initiated with a Outperform at Telsey Advisory Group; target $66

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

Stocks in Europe have been falling four out of the five trading days this week, as traders have looked to the U.S. where President Donald Trump has been struggling to push through his promised repeal of Obama's Affordable Care Act. The vote was scheduled for Thursday, but pushed back a day because of opposition from some Republicans. Right before the European market closed on Friday House Speaker Paul Ryan went to the White House to meet with Trump, which was being interpreted by some as a bad sign for the passage of the bill.

Earnings in China's industrial sector surged 31.5% in the January to February period from a year earlier, supported by an acceleration in output and higher commodities prices, official data showed Monday. Apart from rapid growth in coal, steel and oil prices, lower costs for the companies' main businesses also contributed to stronger profits, National Bureau of Statistics economist He Ping said in a statement accompanying the data release.

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.