Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
07:00 Germany Gfk Consumer Confidence Survey April 9.7 9.8 10.0
09:00 Eurozone M3 money supply, adjusted y/y February +3.7% +4.3% +4.0%
09:00 Eurozone Private Loans, Y/Y February -0.2% +0.1% -0.1%
09:30 United Kingdom Retail Sales (MoM) February +0.1% +0.4% 0.7%
09:30 United Kingdom Retail Sales (YoY) February +5.9% 5.7%
11:00 United Kingdom CBI retail sales volume balance March 1 20 18
12:30 U.S. Continuing Jobless Claims March 2,422 2,416K
12:30 U.S. Initial Jobless Claims March 291 295 282K
13:00 U.S. FOMC Member Dennis Lockhart Speaks
The U.S. dollar traded mixed to higher against the most major currencies after the better-than-expected U.S. jobless claims. The number of initial jobless claims in the week ending March 21 in the U.S. fell by 9,000 to 282,000 from 291,000 in the previous week, beating expectations for a rise by 4,000.
The euro declined against the U.S. dollar. Concerns over Greece's bailout programme weighed on the euro.
The Gfk German consumer confidence index increased to 10.0 in April from 9.7 in March, beating forecasts for a rise to 9.8.
Eurozone's adjusted M3 money supply rose 3.7% in February, missing expectations for a 4.3% increase, after a 3.7 gain in January. January's figure was revised down from a 4.1% rise.
The British pound traded mixed against the U.S. dollar after the better-than-expected retail sales from the U.K. Retail sales in the U.K. increased 0.7% in February, exceeding expectations for a 0.4% rise, after a 0.1% gain in January. January's figure was revised up from a 0.3% drop.
The increase was driven by a drop in store prices.
On a yearly basis, retail sales in the U.K. climbed 5.7% in February, after a 5.9% increase in January. January's figure was revised up from a 5.4% rise.
The Confederation of British Industry (CBI) retail sales balance climbed to 18% in March from 1% in February, missing expectations for an increase to 20%.
The CBI director of economics, Rain Newton-Smith, said that he expects "growth to continue through Easter".
The Canadian dollar traded mixed against the U.S. dollar ahead of a speech by the Bank of Canada Governor Stephen Poloz.
EUR/USD: the currency pair declined to $1.0960
GBP/USD: the currency pair traded mixed
USD/JPY: the currency pair rose to Y119.02
The most important news that are expected (GMT0):
13:30 Canada BOC Gov Stephen Poloz Speaks
20:00 Canada Annual Budget
23:30 Japan Household spending Y/Y February -5.1 -3.1
23:30 Japan Unemployment Rate February 3.6% 3.5%
23:30 Japan Tokyo Consumer Price Index, y/y March +2.3%
23:30 Japan Tokyo CPI ex Fresh Food, y/y March +2.2% +2.2%
23:30 Japan National Consumer Price Index, y/y February +2.4%
23:30 Japan National CPI Ex-Fresh Food, y/y February +2.2% +2.1%
23:50 Japan Retail sales, y/y February -2.0% -1.4%