(time / country / index / period / previous value / forecast)
00:30 Australia RBA Financial Stability Review
07:00 Switzerland UBS Consumption Indicator February 1.24
09:00 Germany IFO - Business Climate March 106.8 107.4
09:00 Germany IFO - Current Assessment March 111.3
09:00 Germany IFO - Expectations March 102.5
09:30 United Kingdom BBA Mortgage Approvals February 36.4 36.9
10:30 U.S. FOMC Member Charles Evans Speaks
12:30 U.S. Durable Goods Orders February +2.8% +0.2%
12:30 U.S. Durable Goods Orders ex Transportation February 0.0% Revised From +0.3% +0.4% 14:00 Switzerland SNB Quarterly Bulletin Quarter I
14:30 U.S. Crude Oil Inventories March +9.6
19:45 Canada Gov Council Member Lane Speaks
The U.S. dollar traded mixed to higher against the most major currencies after the mixed U.S. economic data. New home sales climbed 7.8% to a seasonally adjusted annual rate of 539,000 units in February from 500,000 units in January. It was the highest level since February 2008. January's figure was revised up from 481,000 units. Analysts had expected new home sales to reach 472,000 units.
The increase was driven by higher sales in the Northeast. New home sales in the Northeast rose 152.9% in February, after a 45.2% decline in January.
The U.S. preliminary manufacturing purchasing managers' index (PMI) rose to 55.3 in March from 55.1 in February, beating expectations for a decline to 54.9. It was the highest level since October 2014.
The U.S. consumer price inflation rose 0.2% in February, in line with expectations, after a 0.7% decline in January.
The increase was driven by higher gasoline prices. Gasoline prices rose for the first time since June 2014.
On a yearly basis, the U.S. consumer price index climbed to zero in February from -0.1% in January. Analysts had expected the index to remain unchanged at -0.1%.
The U.S. consumer price inflation excluding food and energy gained 0.2% in February, exceeding expectations for a 0.1% increase, after a 0.2% rise in January.
On a yearly basis, the U.S. consumer price index excluding food and energy climbed to 1.7% in February from 1.6% in January. Analysts had expected the index to remain unchanged at 1.6%.
The euro declined against the U.S. dollar. Eurozone's preliminary manufacturing PMI increased to 51.9 in March from 51.0 in February, exceeding expectations for a rise to 51.6.
Eurozone's preliminary services PMI rose to 54.3 in March from 53.7 in February. Analysts had expected the index to climb to 53.9.
Germany's preliminary manufacturing PMI climbed to 52.4 in March from 51.1 in February, beating forecasts of an increase to 51.5.
Germany's preliminary services PMI increased to 55.3 in March from 54.7 in February, beating expectations for a gain to 55.0.
France's preliminary manufacturing PMI was up to 48.2 in March from 47.6 in February, missing forecasts of a rise to 48.9.
France's preliminary services PMI fell to 52.8 in March from 53.4 in February, missing expectations for a decline to 53.1.
The British pound fell against the U.S. dollar. The U.K. consumer price index declined to zero in February from 0.3% in January, missing expectations for a fall to 0.1%. That was the lowest level since 1989.
The drop was driven by lower prices for food and computer goods.
Consumer price inflation excluding food, energy, alcohol and tobacco prices fell to 1.2% in February from 1.4% the month before.
The Retail Prices Index declined to 1.0% in February from 1.1% in January, beating forecasts of a decrease to 0.9%.
The consumer price inflation is below the Bank of England's 2% target.
The New Zealand dollar traded lower against the U.S. dollar. In the overnight trading session, the kiwi traded mixed against the greenback in the absence of any major economic reports from New Zealand.
The weaker-than-expected preliminary Chinese HSBC Purchasing Managers' Index (PMI) weighed on the kiwi. The index declined to 49.2 in March from a final reading of 50.7 in February. It was the lowest level since April 2014. The decline was driven by lower new orders.
The Australian dollar traded lower against the U.S. dollar. In the overnight trading session, the Aussie traded lower against the greenback in the absence of any major economic reports from Australia.
The weaker-than-expected preliminary Chinese HSBC Purchasing Managers' Index (PMI) weighed on the Aussie.
The Japanese yen traded lower against the U.S. dollar. In the overnight trading session, the yen traded higher against the greenback after comments by the Bank of Japan (BoJ) Governor Haruhiko Kuroda. He said on Tuesday that he held talks with Prime Minister Shinzo Abe on Monday. Kuroda told Abe that the country's economy continues to recover moderately, and that inflation will increase.
Kuroda said to Abe that inflation is slowing due to falling oil prices but there is no change in the long-term rising trend.
The BoJ governor also said on Tuesday that tapering asset purchases is one option to end quantitative easing.
The St. Louis Federal Reserve Bank President James Bullard said in London on Tuesday that zero percent interest rate in the U.S. is no longer appropriate. He added that the U.S. economy will remain "extremely accommodative" even if the Fed will start to raise slowly its interest rate in the summer.
The St. Louis Federal Reserve Bank president expects that the U.S. economy will recover in the second quarter.
Bullard isn't currently a voting member of the Federal Open Market Committee.
The Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Tuesday that he held talks with Prime Minister Shinzo Abe on Monday. He told Abe that the country's economy continues to recover moderately, and that inflation will increase.
Kuroda said to Abe that inflation is slowing due to falling oil prices but there is no change in the long-term rising trend.
The BoJ governor also said on Tuesday that tapering asset purchases is one option to end quantitative easing.
Markit Economics released its preliminary manufacturing purchasing managers' index (PMI) for the U.S. on Tuesday. The U.S. preliminary manufacturing purchasing managers' index (PMI) rose to 55.3 in March from 55.1 in February, beating expectations for a decline to 54.9. It was the highest level since October 2014.
A reading above 50 indicates expansion in economic activity.
The Markit Chief Economist Chris Williamson said that "manufacturing regained further momentum from the slowdown".
The preliminary output index increased to 58.2 in March from 57.3 in February.
The preliminary new orders index rose to 56.4 in March from 55.8 in February.
The U.S. Commerce Department released new home sales data on Tuesday. New home sales climbed 7.8% to a seasonally adjusted annual rate of 539,000 units in February from 500,000 units in January. It was the highest level since February 2008.
January's figure was revised up from 481,000 units.
Analysts had expected new home sales to reach 472,000 units.
The increase was driven by higher sales in the Northeast. New home sales in the Northeast rose 152.9% in February, after a 45.2% decline in January.
The median sales price of new houses sold was $275,500 in February, down from $289,400 in January.
The Japanese Cabinet Office upgraded its assessment of the economy on Monday as business climate improved. It was the first time in eight months.
The government said that Japan's economy recovers moderately. The economy is expected to recover, supported by falling oil prices and stimulus measures, while "employment and income situation show a trend toward improvement", the Cabinet Office said.
Japan's government noted that a slowdown in overseas economies is a downside risk of the Japanese economy.
The European Central Bank (ECB) Governing Council member Christian Noyer said on Monday that the central bank can provide more liquidity assistance to Greek banks if they will not use it to finance the country's government. He warned that Greece must turn to capital controls only as a "last resort". Noyer added that the Greek government should restore confidence among the corporates and the households.
China's factory activity dropped in March. The preliminary HSBC Purchasing Managers' Index (PMI) declined to 49.2 in March from a final reading of 50.7 in February. It was the lowest level since April 2014. The decline was driven by lower new orders.
Analysts had expected the index to decline to 50.5.
A reading below 50 indicates a contraction of the activity.
These figures could mean that the government might implement further stimulus measures.
The U.S. Labor Department released consumer price inflation data on Tuesday. The U.S. consumer price inflation rose 0.2% in February, in line with expectations, after a 0.7% decline in January.
The increase was driven by higher gasoline prices. Gasoline prices rose 2.4% in February, for the first time since June 2014. It was the largest rise since December 2013.
Food prices climbed 0.2% in February, shelter expenses rose 0.2%, while apparel prices increased 0.3%.
On a yearly basis, the U.S. consumer price index climbed to zero in February from -0.1% in January. Analysts had expected the index to remain unchanged at -0.1%.
The U.S. consumer price inflation excluding food and energy gained 0.2% in February, exceeding expectations for a 0.1% increase, after a 0.2% rise in January.
On a yearly basis, the U.S. consumer price index excluding food and energy climbed to 1.7% in February from 1.6% in January. Analysts had expected the index to remain unchanged at 1.6%.
The Fed noted last week that it would hike interest rate when it is "reasonably confident" that low inflation is on track to return to its 2% target and as long as the labour market keeps strengthening.
EUR/USD: 1.0850 (E946M), 1.0900 (E1BLN), 1.0950 (E1.6BLN)
USD/CHF: 0.9810 ($210M), 0.9900 ($150M)
EUR/CHF: 1.0800 (E100M)
EUR/GBP: 0.7225 (E1.2BLN)
USD/CAD: C$1.2610-15 ($700M)
USD/JPY: Y119.00 ($300M), Y120.00 ($369M), Y120.15-20 ($380M), Y121.00-10 ($1.5BLN), Y121.50 ($1.65BLN)
Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
01:15 U.S. FOMC Member Williams Speaks
01:35 Japan Manufacturing PMI (Preliminary) March 51.6 52.1 50.4
01:45 China HSBC Manufacturing PMI (Preliminary) March 50.7 50.5 49.2
04:50 Australia RBA Assist Gov Edey Speaks
08:00 France Manufacturing PMI (Preliminary) March 47.6 48.9 48.2
08:00 France Services PMI (Preliminary) March 53.4 53.1 52.8
08:30 Germany Manufacturing PMI (Preliminary) March 51.1 51.5 52.4
08:30 Germany Services PMI (Preliminary) March 54.7 55.0 55.3
09:00 Eurozone Manufacturing PMI (Preliminary) March 51.0 51.6 51.9
09:00 Eurozone Services PMI (Preliminary) March 53.7 53.9 54.3
09:30 United Kingdom Producer Price Index - Input (MoM) February -3.6% Revised From -3.7% +1.6% +0.2%
09:30 United Kingdom Producer Price Index - Input (YoY) February -14.1% Revised From -14.2% -13.5%
09:30 United Kingdom Producer Price Index - Output (MoM) February -0.4% Revised From -0.5% -0.1% +0.2%
09:30 United Kingdom Producer Price Index - Output (YoY) February +0.5% -1.8%
09:30 United Kingdom Retail Price Index, m/m February -0.8% +0.5%
09:30 United Kingdom Retail prices, Y/Y February +1.1% +0.9% +1.0%
09:30 United Kingdom RPI-X, Y/Y February +1.2% +1.0%
09:30 United Kingdom HICP, m/m February -0.9% +0.3%
09:30 United Kingdom HICP, Y/Y February +0.3% +0.1% 0.0%
09:30 United Kingdom HICP ex EFAT, Y/Y February +1.4% +1.3% +1.2%
12:30 U.S. CPI, m/m February -0.7% +0.2% +0.2%
12:30 U.S. CPI, Y/Y February -0.1% -0.1% 0.0%
12:30 U.S. CPI excluding food and energy, m/m February +0.2% +0.1% +0.2%
12:30 U.S. CPI excluding food and energy, Y/Y February +1.6% +1.6% +1.7%
13:00 U.S. Housing Price Index, m/m January +0.7% Revised From +0.8% +0.3%
13:00 U.S. Housing Price Index, y/y January +5.4% +5.1%
The U.S. dollar traded mixed to lower against the most major currencies after the mixed U.S. consumer inflation data and ahead of the preliminary U.S. manufacturing PMI and new home sales data. The U.S. consumer price inflation rose 0.2% in February, in line with expectations, after a 0.7% decline in January.
The increase was driven by higher gasoline prices. Gasoline prices rose for the first time since June 2014.
On a yearly basis, the U.S. consumer price index climbed to zero in February from -0.1% in January. Analysts had expected the index to remain unchanged at -0.1%.
The U.S. consumer price inflation excluding food and energy gained 0.2% in February, exceeding expectations for a 0.1% increase, after a 0.2% rise in January.
On a yearly basis, the U.S. consumer price index excluding food and energy climbed to 1.7% in February from 1.6% in January. Analysts had expected the index to remain unchanged at 1.6%.
The U.S. preliminary manufacturing PMI is expected to decrease to 54.9 in March from 55.1 in February.
New home sales in the U.S. are expected to decline to 472,000 units in February from 481,000 units in January.
The euro traded higher against the U.S. dollar after the mostly better-than-expected PMIs from the Eurozone. Eurozone's preliminary manufacturing PMI increased to 51.9 in March from 51.0 in February, exceeding expectations for a rise to 51.6.
Eurozone's preliminary services PMI rose to 54.3 in March from 53.7 in February. Analysts had expected the index to climb to 53.9.
Germany's preliminary manufacturing PMI climbed to 52.4 in March from 51.1 in February, beating forecasts of an increase to 51.5.
Germany's preliminary services PMI increased to 55.3 in March from 54.7 in February, beating expectations for a gain to 55.0.
France's preliminary manufacturing PMI was up to 48.2 in March from 47.6 in February, missing forecasts of a rise to 48.9.
France's preliminary services PMI fell to 52.8 in March from 53.4 in February, missing expectations for a decline to 53.1.
The British pound traded mixed against the U.S. dollar despite the weaker-than-expected consumer price inflation data from the U.K. The U.K. consumer price index declined to zero in February from 0.3% in January, missing expectations for a fall to 0.1%. That was the lowest level since 1989.
The drop was driven by lower prices for food and computer goods.
Consumer price inflation excluding food, energy, alcohol and tobacco prices fell to 1.2% in February from 1.4% the month before.
The Retail Prices Index declined to 1.0% in February from 1.1% in January, beating forecasts of a decrease to 0.9%.
The consumer price inflation is below the Bank of England's 2% target.
EUR/USD: the currency pair rose to $1.1029
GBP/USD: the currency pair traded mixed
USD/JPY: the currency pair fell to Y119.21
The most important news that are expected (GMT0):
13:45 U.S. Manufacturing PMI (Preliminary) March 55.1 54.9
14:00 U.S. New Home Sales February 481 472
21:45 New Zealand Trade Balance, mln February 56 355
EUR/USD
Offers 1.1000-10 1.1030 1.1050 1.1065 1.1080 1.1100
Bids 1.0960 1.0940 1.0925 1.0900 1.0880 1.0860 1.0825.30 1.0800
GBP/USD
Offers 1.4975 1.5000 1.5020-25 1.5040 1.5065 1.5080 1.5100
Bids 1.4920-25 1.4900 1.4885 1.4860 1.4840 1.4825 1.4800 1.4780 1.4760
EUR/JPY
Offers 131.50 131.80 132.00 132.30 132.50
Bids 130.80 130.50 130.00 129.80 129.40 129.00
USD/JPY
Offers 119.65 119.80 120.00 120.20-25 120.50 120.80 121.00
Bids 119.30 119.00 118.80 118.60 118.30 118.00
EUR/GBP
Offers 0.7350-60 0.7375 0.7400 0.7420 0.7440-45 0.7480
Bids 0.7320 0.7300 0.7285 0.7265 0.7250
AUD/USD
Offers 0.7900 0.7930-35 0.7950 0.7980 0.8000
Bids 0.7850 0.7825 0.7800 0.7780-85 0.7750 0.7725 0.7700
The Federal Reserve Bank of San Francisco President John Williams said in Sidney on Tuesday that the Fed should start to discuss about hiking interest rate by mid-year. He added that the Fed should raise its interest rate "gradually over the next couple of years to more normal levels". Williams expects full employment by the end of the year and the U.S. economic growth to reach 2.5%. He downgraded his GDP growth from a previous estimate of just below 3%.
The Producer Price index Input rose less-than-expected in February, according to the National statistics bureau. The Index rose +0.2%, a positive reading for the first time in nine months, but far below estimates of an increase of +1.6%. Last month's reading was revised up -3.6% from previous -3.7%.
The Producer Price index Output rose +0.2%, beating estimates of a decline by -0.1% after falling -0.4% in January.
Retail Prices rose +0.5% in February compared to a decline of -0.8% in January.
The HICP, that monitors retail price changes for goods and services included into the consumer goods basket, rose +0.3% month on month but declined year on year to 0.0% - according to constructed historical data the lowest since 1960, said the Office of National Statistics. Analysts expected a decline to +0.1%. Food, non-alcoholic drinks, furniture, computers and household equipment had the largest effect on the reading.
The HICP ex EFAT, excluding the volatile costs of food and energy, measuring core inflation rose +1.2% year on year compared to a previous reading of +1.4% and below the estimated +1.3%.
EUR/USD: 1.0850 (E946M), 1.0900 (E1BLN), 1.0950 (E1.6BLN)
USD/CHF: 0.9810 ($210M), 0.9900 ($150M)
EUR/CHF: 1.0800 (E100M)
EUR/GBP: 0.7225 (E1.2BLN)
USD/CAD: C$1.2610-15 ($700M)
USD/JPY: Y119.00 ($300M), Y120.00 ($369M), Y120.15-20 ($380M), Y121.00-10 ($1.5BLN), Y121.50 ($1.65BLN)
After Germany and France PMI data was reported now data on the whole Eurozone came in.
Eurozone data came in better-than-expected with the Manufacturing PMI at 51.9, above estimates for an increase to 51.6 and a previous reading of 51.0. The Manufacturing activity rose to the highest level in ten months. The German Services PMI rose from 53.7 to 54.3 beating estimates of an increase to 53.9 - a new 46-month high.
Eurozone's recovery is gaining momentum. The data suggest that the quantitative easing program, the large-scale asset-purchase program worth 60 billion a month, by the ECB is stimulating the economy. The slump in oil prices and the single currencies decline start to have a positive effect on the economy.
BLOOMBERG
Analyst Predicts Apple Will Hit a $1 Trillion Market Cap
As Apple gets ready to launch its first new product in five years, Cantor Fitzgerald is raising its price target to a level that would make Apple a $1 trillion company.
People first started talking seriously about the potential for Apple to become a trillion dollar company in February when shares reached new highs, surpassing the $700 billion market cap level. The current stock price of $127 a share gives the company a valuation of $744 billion. Cantor analyst Brian White currently has the highest price target on Wall Street.
REUTERS
Greece promises list of reforms by Monday to unlock cash
(Reuters) - Greece said it will present a package of reforms to its euro zone partners by next Monday in hope of unlocking aid to help it deal with a cash crunch and avoid default.
"It will be done at the latest by Monday," government spokesman Gabriel Sakellaridis told Mega TV.
Greece's left-wing government and its euro zone creditors agreed last week that Athens would come up with a list of its own reforms, which must achieve a similar budget impact to measures agreed by the previous conservative-led administration.
Athens is rushing to get the list ready before state coffers run empty, which is expected to happen in a few weeks without more aid.
Source: http://www.reuters.com/article/2015/03/24/us-eurozone-greece-reforms-idUSKBN0MK0F420150324
BLOOMBERG
Iran Could Add Million More Barrels a Day to the Oil Glut
(Bloomberg) -- Iran says it could add a million barrels to daily oil production shortly after a deal to lift sanctions, reclaiming the position of OPEC's second-largest supplier. While such a boost would take months because sanctions may be rolled back slowly, industry observers agree the capacity is there.
Going further than that and adding a second million barrels -- as the government has said it plans to do -- will prove a much bigger challenge. It would take some five years and tens of billions of dollars of investment, according to two former oil-industry executives who worked in the country.
"The number one need is investment," said Mohsen Shoar, an analyst with Continental Energy DMCC in Dubai who helped ConocoPhillips negotiate oil contracts in Iran in the 1990s. "To get anywhere beyond 4 million barrels a day" will require foreign assistance, he said by phone.
German Ifo Institute released its business confidence index on Friday. German business confidence index climbed to 108.6 in April from 107.9 in March, exceeding expectations for a rise to 108.5. It was the sixth consecutive increase.
"The upswing in the German economy continues," Ifo President Hans-Werner Sinn said.
He added that manufacturers "expressed slightly less optimism about future business developments".
The Ifo current conditions index rose 113.9 in April from 112.1 in March, beating forecasts for an increase to 112.4.
The Ifo expectations index declined to 103.5 in April from 103.9 in March, missing expectations for a gain to 104.5.
Today Markit Economics reported preliminary data on French and German Manufacturing and Services PMI.
The French Manufacturing PMI for March rose from a previous reading of 47.6 to 48.2 but remained below estimates of an increase to 48.9 - and below the 50 mark that separates growth from contraction. The Services PMI declined from 53.4 to 52.8 not meeting expectations of a decrease to 53.1. The data not only shows a divergence between the service and manufacturing sector but also with Germany, Eurozone's powerhouse and largest economy.
German data came in better-than-expected with the Manufacturing PMI at 52.4, above estimates for an increase to 51.5 and a previous reading of 51.1. The Manufacturing activity rose to the highest level in eight months. The German Services PMI rose from 54.7 to 55.3 beating estimates of an increase to 55.0. German PMI data is a solid sign of the economic recovery.
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
01:15 U.S. FOMC Member Williams Speaks
01:35 Japan Manufacturing PMI (Preliminary) March 51.6 52.1 50.4
01:45 China HSBC Manufacturing PMI (Preliminary) March 50.7 50.5 49.2
04:50 Australia RBA Assist Gov Edey Speaks
The U.S. dollar is trading mixed against its major peers after the weaker-than-expected U.S. existing home sales figures. Sales of existing homes rose 1.2% to a seasonally adjusted annual rate of 4.88 million in February from 4.82 million in January. San Francisco Fed chief John Williams reiterated his belief that the Fed should consider raising rates in summer given the momentum of the improving economy. He said that a gradual increase is the 'safer option' rather having to react with dramatic hikes.
The euro is trading moderately lower against the greenback after yesterday's gains as Greece talks continue to find a common ground. Merkel said that Germany wants Greece economically strong and that the country belongs to Europe. Yesterday ECB president Mario Draghi noted that the Eurozone "is gaining momentum" due to falling oil prices, higher external demand, easy financing conditions and a weaker euro.
The Australian dollar booked gains against the U.S. dollar after touching an intraday low after the Chinese Manufacturing PMI. China is Australia's biggest trade partner. The Conference Board Australia Leading Index rose +0.4% for January. The previous reading was revised down from +0.4% to +0.3%. Reserve Bank of Australia assistant governor Malcolm Edey held a speech at the ASIC Annual Forum in Sydney.
The preliminary Chinese HSBC Manufacturing PMI for March came in at 49.2, a 11-month low, as new orders declined. The February reading was 50.7 and analysts expected a decline to 50.5. The 50-points level separates growth from contraction. The reading below 50 added to indications that the world's second largest economy is slowing and could lead to further stimulus measures by the PBoC.
New Zealand's dollar gained against the greenback during the Asian session in the absence of any major data from the region.
The Japanese yen traded higher against the greenback on Tuesday. Data on Japanese the Japanese Production PMI came in at 50.4 for March, a decrease from a previous reading of 51.6 and below an expected increase to 52.1.
EUR/USD: the euro traded lower against the greenback
(time / country / index / period / previous value / forecast)
08:00 France Manufacturing PMI (Preliminary) March 47.6 48.9
08:00 France Services PMI (Preliminary) March 53.4 53.1
08:30 Germany Manufacturing PMI (Preliminary) March 51.1 51.5
08:30 Germany Services PMI (Preliminary) March 54.7 55.0
09:00 Eurozone Manufacturing PMI (Preliminary) March 51.0 51.6
09:00 Eurozone Services PMI (Preliminary) March 53.7 53.9
09:30 United Kingdom Producer Price Index - Input (MoM) February -3.7% +1.6%
09:30 United Kingdom Producer Price Index - Input (YoY) February -14.2%
09:30 United Kingdom Producer Price Index - Output (MoM) February -0.5% -0.1%
09:30 United Kingdom Producer Price Index - Output (YoY) February +0.5%
09:30 United Kingdom Retail Price Index, m/m February -0.8%
09:30 United Kingdom Retail prices, Y/Y February +1.1% +0.9%
09:30 United Kingdom RPI-X, Y/Y February +1.2%
09:30 United Kingdom HICP, m/m February -0.9%
09:30 United Kingdom HICP, Y/Y February +0.3% +0.1%
09:30 United Kingdom HICP ex EFAT, Y/Y February +1.4% +1.3%
12:30 U.S. Housing Price Index, y/y January +5.4%
12:30 U.S. CPI, m/m February -0.7% +0.2%
12:30 U.S. CPI, Y/Y February -0.1% -0.1%
12:30 U.S. CPI excluding food and energy, m/m February +0.2% +0.1%
12:30 U.S. CPI excluding food and energy, Y/Y February +1.6% +1.6%
13:00 U.S. Housing Price Index, m/m January +0.8%
13:45 U.S. Manufacturing PMI (Preliminary) March 55.1 54.9
14:00 Belgium Business Climate March -8.3 -7.5
14:00 U.S. Richmond Fed Manufacturing Index March 0 2
14:00 U.S. New Home Sales February 481 472
20:30 U.S. API Crude Oil Inventories March +10.5
21:45 New Zealand Trade Balance, mln February 56 355
EUR / USD
Resistance levels (open interest**, contracts)
$1.1151 (2103)
$1.1086 (3804)
$1.1019 (2321)
Price at time of writing this review: $1.0912
Support levels (open interest**, contracts):
$1.0844 (1067)
$1.0785 (2933)
$1.0713 (2259)
Comments:
- Overall open interest on the CALL options with the expiration date April, 2 is 65192 contracts, with the maximum number of contracts with strike price $1,1000 (3804);
- Overall open interest on the PUT options with the expiration date April, 2 is 73309 contracts, with the maximum number of contracts with strike price $1,0600 (6028);
- The ratio of PUT/CALL was 1.12 versus 1.10 from the previous trading day according to data from March, 23
GBP/USD
Resistance levels (open interest**, contracts)
$1.5203 (1193)
$1.5106 (1654)
$1.5009 (1352)
Price at time of writing this review: $1.4918
Support levels (open interest**, contracts):
$1.4889 (1171)
$1.4793 (1389)
$1.4696 (1920)
Comments:
- Overall open interest on the CALL options with the expiration date April, 2 is 25835 contracts, with the maximum number of contracts with strike price $1,5100 (1654);
- Overall open interest on the PUT options with the expiration date April, 2 is 28562 contracts, with the maximum number of contracts with strike price $1,5050 (2327);
- The ratio of PUT/CALL was 1.11 versus 1.10 from the previous trading day according to data from March, 23
* - 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/JPY $ 1,0944 +1,13%
GBP/USD $1,4953 +0,03%
USD/CHF Chf0,9659 -0,94%
USD/JPY Y119,70 -0,27%
EUR/JPY Y131,01 +1,62%
GBP/JPY Y178,99 -0,29%
AUD/USD $0,7875 +1,30%
NZD/USD $0,7653 +1,16%
USD/CAD C$1,2516 -0,27%