01:30 Australia National Australia Bank's Business Confidence June 7
01:30 Australia Home Loans May -1.9%
03:05 U.S. FOMC Member Williams Speaks
06:00 Japan Prelim Machine Tool Orders, y/y June 24.4%
10:00 United Kingdom MPC Member Andy Haldane Speaks
11:00 United Kingdom MPC Member Dr Ben Broadbent Speaks
12:00 Eurozone ECB's Benoit Coeure Speaks
12:15 Canada Housing Starts June 195
14:00 U.S. Wholesale Inventories May -0.4% 0.3%
14:00 U.S. JOLTs Job Openings May 6.044
16:30 U.S. FOMC Member Brainard Speaks
17:20 U.S. FOMC Member Kashkari Speaks
EURUSD: 1.1250 (EUR 360m) 1.1275 (272m) 1.1350 (660m) 1.1375 (305m) 1.1400 (1.1bln) 1.1440-50 (1.17bln) 1.1500 (270m)
USDJPY: 112.75 (USD 795m) 113.00 (410m) 113.50 (315m) 114.00-10 (715m) 114.20-30 (1.1bln) 114.75 (350m) 115.50 (395m)
USDCHF: 0.9650 (USD 195m)
EURGBP: 0.8750 (EUR 180m)
AUDUSD: 0.7500 (AUD 240m) 0.7565 (300m) 0.7600 (375m) 0.7650 (810m) 0.7720-30 (550m) 0.7750 (350m)
USDCAD: 1.3000-10 (USD 200m)
NZDUSD: 0.7260 (NZD 260m)
The board unanimously decided to maintain at ±1.50 percentage points the symmetrical corridor of interest rates
Board members remarked significant increase in uncertainties on short- and medium-term outlook for the fiscal and income policy stance
Doesn't rule out it may be either U.S.- Russia joint group or U.N.-sponsored one
Says U.S. President trump may not be ready for setting up a joint group on cyber security
While Euroarea and Eastern Europe stand out due to their better situation indices, the US is still characterized by a slowdown. Overall, it is striking that the economic expectations have weakened slightly. The economic momentum may thus be a top line. Better, as it indicates the very good situation index values, it will probably not be for the time being.
The sentix economic index for Euroarea has risen for the fifth time in a row to 28.3 points. Above all the situation index, which shows the seventh rise in series and shows the highest level since December 2007 with 37.3 points, drives the index.
The expectations cannot keep up. Around the world, expectations are stagnating or even slightly declining, in Germany for the second time in a row.
Internationally, the United States remains chipped. The expectations remain slightly negative and the situation falls for the fourth time in a row. The cooling is becoming increasingly noticeable. On the other hand, Eastern Europe. Here the situation also rises for the seventh time in a row. Asia remains largely unchanged.
Says Qatar's LNG exports to UAE, Saudi Arabia and Bahrain are less than 8 percent of total exports
Qatar's LNG exports to Japan, India, South Korea and China were not affected by the arab boycott
EURUSD: 1.1250 (EUR 360m) 1.1275 (272m) 1.1350 (660m) 1.1375 (305m) 1.1400 (1.1bln) 1.1440-50 (1.17bln) 1.1500 (270m)
USDJPY: 112.75 (USD 795m) 113.00 (410m) 113.50 (315m) 114.00-10 (715m) 114.20-30 (1.1bln) 114.75 (350m) 115.50 (395m)
USDCHF: 0.9650 (USD 195m)
EURGBP: 0.8750 (EUR 180m)
AUDUSD: 0.7500 (AUD 240m) 0.7565 (300m) 0.7600 (375m) 0.7650 (810m) 0.7720-30 (550m) 0.7750 (350m)
USDCAD: 1.3000-10 (USD 200m)
NZDUSD: 0.7260 (NZD 260m)
China's consumer and producer prices logged steady growth in June, data from the National Bureau of Statistics showed, cited by rttnews.
Inflation remained unchanged at 1.5 percent in June. Prices were forecast to grow 1.6 percent.
Food prices dropped 1.2 percent, slower than the 1.6 percent decline posted a month ago. Meanwhile, non-food prices rose 2.2 percent, slightly slower than the 2.3 percent rise seen in May.
In the first half of the year, inflation was 1.4 percent, data showed. The government targets around 3 percent inflation for the whole year of 2017.
Month-on-month, consumer prices fell 0.2 percent, following a 0.1 percent drop in May. This was the second consecutive fall in prices.
Boj will maintain qqe with yield curve control for as long as needed to achieve 2 pct inflation in stable manner
Boj will adjust monetary policy as needed to maintain economy's momentum to achieve its price target
Japan's economy expected to continue expanding moderately
Germany exported goods to the value of 110.6 billion euros and imported goods to the value of 88.6 billion euros in May 2017. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 14.1% and imports by 16.2% in May 2017 year on year. After calendar and seasonal adjustment, exports were up by 1.4% and imports by 1.2% compared with April 2017.
The foreign trade balance showed a surplus of 22.0 billion euros in May 2017. In May 2016, the surplus amounted to 20.7 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 20.3 billion euros in May 2017.
According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 17.3 billion euros in May 2017, which takes into account the balances of trade in goods including supplementary trade items (+24.4 billion euros), services (-2.0 billion euros), primary income (-3.6 billion euros) and secondary income (-1.5 billion euros). In May 2016, the German current account recorded a surplus of 17.9 billion euros.
EUR/USD
Resistance levels (open interest**, contracts)
$1.1533 (2727)
$1.1490 (2945)
$1.1465 (1725)
Price at time of writing this review: $1.1400
Support levels (open interest**, contracts):
$1.1335 (1681)
$1.1305 (2177)
$1.1269 (2254)
Comments:
- Overall open interest on the CALL options and PUT options with the expiration date August, 4 is 59815 contracts (according to data from July, 7) with the maximum number of contracts with strike price $1,1500 (4092);
GBP/USD
Resistance levels (open interest**, contracts)
$1.3065 (2306)
$1.3009 (1381)
$1.2955 (763)
Price at time of writing this review: $1.2891
Support levels (open interest**, contracts):
$1.2801 (1642)
$1.2740 (2172)
$1.2705 (1562)
Comments:
- Overall open interest on the CALL options with the expiration date August, 4 is 22612 contracts, with the maximum number of contracts with strike price $1,3100 (2592);
- Overall open interest on the PUT options with the expiration date August, 4 is 21193 contracts, with the maximum number of contracts with strike price $1,2800 (2172);
- The ratio of PUT/CALL was 0.94 versus 1.03 from the previous trading day according to data from July, 7
* - 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.
(pare/closed(GMT +2)/change, %)
EUR/USD $1,1401 -0,17%
GBP/USD $1,2882 -0,68%
USD/CHF Chf0,9639 +0,36%
USD/JPY Y113,90 +0,64%
EUR/JPY Y129,85 +0,47%
GBP/JPY Y146,73 -0,03%
AUD/USD $0,7604 +0,30%
NZD/USD $0,7281 +0,10%
USD/CAD C$1,2875 -0,78%