08:00 Eurozone ECB President Mario Draghi Speaks

08:05 U.S. FOMC Member Williams Speaks

08:30 Australia RBA Assist Gov Debelle Speaks

08:30 United Kingdom BOE Financial Stability Report

10:00 United Kingdom CBI retail sales volume balance June 2 0

10:00 United Kingdom BOE Gov Mark Carney Speaks

13:00 U.S. S&P/Case-Shiller Home Price Indices, y/y April 5.9% 5.9%

14:00 U.S. Richmond Fed Manufacturing Index June 1

14:00 U.S. Consumer confidence June 117.9 116

15:15 U.S. FOMC Member Harker Speaks

17:00 U.S. Fed Chairman Janet Yellen Speaks

21:30 U.S. FOMC Member Kashkari Speaks

• Family members of EU citizens lawfully in Britain who arrive before cut off date will be able to apply for settled status

• Preserve freedoms of irish citizens in Britain

• Those who arrive after the cut off date could still stay in Britain

• Seek to protect the UK state pension for britons living in EU

• Eu citizens lawfully in Britain will be treated as british citizens

EURUSD: $1.1100 (€309 mln), $1.1185 (€395 mln), $1.1200 (€525 mln)

GBPUSD: $1.2700 (£325 mln), $1.2760 (£321 mln)

USDCAD: C$1.3340 ($504 mln)

New Orders New orders for manufactured durable goods in May decreased $2.5 billion or 1.1 percent to $228.2 billion, the U.S. Census Bureau announced today. This decrease, down two consecutive months, followed a 0.9 percent April decrease. Excluding transportation, new orders increased 0.1 percent. Excluding defense, new orders decreased 0.6 percent. Transportation equipment, also down two consecutive months, drove the decrease, $2.7 billion or 3.4 percent to $75.4 billion.

Shipments of manufactured durable goods in May, up following two consecutive monthly decreases, increased $1.8 billion or 0.8 percent to $234.9 billion. This followed a 0.3 percent April decrease. Transportation equipment, up following four consecutive monthly decreases, led the increase, $1.5 billion or 1.9 percent to $78.8 billion.

EUR/USD

Offers: 1.1220-25 1.1235 1.1250 1.1280 1.1300

Bids: 1.1180-85 1.1150 1.1130 1.1100 1.1080 1.1050

GBP/USD

Offers: 1.2760 1.2780 1.2800 1.2830 1.2850

Bids: 1.2720 1.2700 1.2680 1.2665 1.2650 1.2630 1.2600

EUR/JPY

Offers: 125.00 125.30 125.50 125.80 126.00

Bids: 124.80 124.50 124.20 124.00 123.80 123.50

EUR/GBP

Offers: 0.8800 0.8820 0.8835 0.8850-55

Bids: 0.8770 0.8750-55 0.8720 0.8700 0.8685 0.8650

USD/JPY

Offers: 111.50 111.65 111.80 112.00 112.30 112.50

Bids: 111.20 111.00 110.80 110.50 110.30 110.00

AUD/USD

Offers: 0.7600 0.7620 0.7635 0.7650

Bids: 0.7550 0.7520 0.7500 0.7480 0.7450

• It is European Commission's responsibility to minimize state aid to banks

The BBA's latest data from the high street banks* shows that consumer credit growth was 5.1% in May, compared with 6.4% in the previous month.

Gross mortgage borrowing totalled £13.3 billion in May. Net mortgage borrowing was 2.4% higher than a year ago.

Eric Leenders, BBA Managing Director for Retail Banking said:

"This month's figures show that in the run up to the General Election, credit growth in personal loans, cards and overdrafts has slowed, which was reflected in lower spending; with increased household costs affecting growth in deposits and saving.

Businesses appear to be weighing up their options before raising finance to fund projects or developments. After a long period of subdued company borrowing, overall growth is starting to stabilise at a modest rate."

The ifo Business Climate Index rose from 114.6 points last month to 115.1 points in June, breaking last month's record. Companies were significantly more satisfied with their current business situation this month. They also expect business to improve. Germany's economy is performing very strongly.

In manufacturing the index rose slightly. Assessments of the current business situation remained unchanged at a very high level. Manufacturers are slightly more optimistic about the short-term future. Developments in demand and order levels were very favourable. Manufacturers plan to ramp up production.

EURUSD: $1.1100 (€309 mln), $1.1185 (€395 mln), $1.1200 (€525 mln)

GBPUSD: $1.2700 (£325 mln), $1.2760 (£321 mln)

USDCAD: C$1.3340 ($504 mln)

• Remarkable improvement in CPI has yet to be seen, it would take some time for inflation to accelerate

• Most effective way to achieve price target is to continue current monetary policy

• Increase in wages and prices have not been accelerating despite improvements incorporate profits, output gap

• Firms are concerned about the increase in fixed costs amid low growth expectations

• says strong labor market risks overheating U.S.economy

• Financial conditions have become more favourable in recent months even as fed tightened

• Sees U.S. inflation reaching 2-pct goal next year

• Fed needs to raise rates to keep economy expanding as long as possible

• Most of recent slowdown in U.S. inflation due to one-off factors

• U.S. unemployment falling further, remaining a little above 4 pct through next year

• Hopes to finalise a deal to prop up PM May's government

Moody's Investors Service has today upgraded Greece's long-term issuer rating as well as all senior unsecured bond and programme ratings to Caa2 and (P)Caa2 from Caa3 and (P)Caa3, respectively. The outlook has been changed to positive from stable.

Greece's short-term ratings have been affirmed, at Not Prime (NP) and (P)NP.

The key drivers for today's rating action are as follows:

1. Successful conclusion of the second review under Greece's adjustment programme and release of a tranche of €8.5 billion in the coming days. Beyond the near-term impact of allowing Greece to repay upcoming maturities, we consider the conclusion of the review to be a positive signal regarding the future path of the programme, as it required the Greek government to legislate a number of important reform measures.

2. Improved fiscal prospects on the back of 2016 fiscal outperformance, expected to lead soon to a reversal in the country's public debt ratio trend. The government posted a 2016 primary surplus of over 4% of GDP versus a target of 0.5% of GDP. Moody's expects the public debt ratio to stabilize this year at 179% of GDP, and to decline from 2018 onwards, on the back of continued substantial primary surpluses.

3. Tentative signs of the economy stabilizing. While it is too early to conclude that economic growth will be sustained, Moody's expects to see growth this year and next, after three years of stagnation and a cumulative loss in output of more than 27% since the onset of Greece's crisis.

EUR/USD

Resistance levels (open interest**, contracts)

$1.1297 (3235)

$1.1275 (1884)

$1.1251 (1343)

Price at time of writing this review: $1.1193

Support levels (open interest**, contracts):

$1.1136 (4006)

$1.1093 (4359)

$1.1047 (2383)

Comments:

- Overall open interest on the CALL options and PUT options with the expiration date July, 7 is 66712 contracts (according to data from June, 23) with the maximum number of contracts with strike price $1,1100 (4359);

GBP/USD

Resistance levels (open interest**, contracts)

$1.2921 (2210)

$1.2852 (2455)

$1.2805 (1054)

Price at time of writing this review: $1.2744

Support levels (open interest**, contracts):

$1.2651 (2824)

$1.2578 (1384)

$1.2491 (1669)

Comments:

- Overall open interest on the CALL options with the expiration date July, 7 is 32224 contracts, with the maximum number of contracts with strike price $1,2800 (2485);

- Overall open interest on the PUT options with the expiration date July, 7 is 28715 contracts, with the maximum number of contracts with strike price $1,2700 (2822);

- The ratio of PUT/CALL was 0.89 versus 0.92 from the previous trading day according to data from June, 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/USD $1,1193 +0,38%

GBP/USD $1,2717 +0,31%

USD/CHF Chf0,9692 -0,27%

USD/JPY Y111,27 -0,01%

EUR/JPY Y124,55 +0,38%

GBP/JPY Y141,49 +0,30%

AUD/USD $0,7567 +0,37%

NZD/USD $0,7281 +0,26%

USD/CAD C$1,3266 +0,26%