Stock indices closed higher on a weaker euro.

Industrial production in France was flat in February, beating expectations for a 0.1% decline, after a 0.3% rise in January. January's figure was revised down from a 0.4% increase.

On a yearly basis, the French industrial production rose 0.3% in February, after a 0.6% gain in January.

The National Institute of Economic and Social Research's estimate of gross domestic product (GDP) for the U.K. rose by 0.6% in three months to March, after a 0.6% growth in three months to February.

Manufacturing production in the U.K. rose 0.4% in February, in line with expectations, after a 0.6% decline in January. January's figure was revised down from a 0.5% decrease.

On a yearly basis, manufacturing production in the U.K. increased 1.1% in February, missing expectations for a 1.3% gain, after a 1.7% rise in January. January's figure was revised down from a 1.9% gain.

Industrial production in the U.K. climbed 0.1% in February, missing forecasts of a 0.3% rise, after a 0.1% decline in January.

On a yearly basis, industrial production in the U.K. gained 0.1% in February, missing expectations for a 0.3% rise, after a 1.2% increase in January. January's figure was revised down from a 1.3% rise.

Indexes on the close:

Name Price Change Change %

FTSE 100 7,089.77 +74.41 +1.06 %

DAX 12,374.73 +208.29 +1.71 %

CAC 40 5,240.46 +31.51 +0.60 %

Oil prices rose moderately, entrenched above $ 57 (Brent) and $ 51 (WTI), which is associated with the weakening of concerns about the fact that the Interim Agreement on Iran's nuclear program will lead to a rapid increase in oil supplies.

Recall, Iran's Supreme Leader Ali Khamenei demanded that all sanctions against his country were canceled on the same day is reached final agreement on Iran's nuclear program, but the United States is planning a gradual easing of sanctions. "If an agreement is reached and then will not soon, so Iranian oil will return to the market is not as fast as we expected two weeks ago," - said the chief strategist at CMC Markets Michael McCarthy.

Meanwhile, Commerzbank analyst Eugen Weinberg said: "If judged solely on the price of oil, the market is not convinced that the deal with Iran will be held, and its exports will recover. If Iran is not ready to negotiate without the lifting of sanctions, there will be no agreement ". It should be emphasized, according to brokers and officials from Iran holds 7 million to 35 million barrels of oil in storage to direct them for export, as soon as the nuclear deal will be concluded.

Support prices also have recent statements Saudi Oil Minister Ali al-Naimi. He said that the kingdom is ready to increase oil prices. But only if the same thing will make the rest of the exporting country. "The Kingdom is ready to bring stability to the market and increase the price of oil, but on condition of participation in the major exporting countries and importers, as well as under the condition that it will be based on clear principles and have a high level of transparency" - said al-Naimi .

Pressure oil continues to report the US government, which showed that crude oil inventories rose by nearly 11 million barrels last week, registering the biggest gain in 14 years.

May futures for US light crude oil WTI (Light Sweet Crude Oil) rose to 51.39 dollars per barrel on the New York Mercantile Exchange.

May futures price for North Sea petroleum mix of Brent increased by $ 0.78 to 57.58 dollars a barrel on the London Stock Exchange ICE Futures Europe.

The U.S. dollar traded lower against the most major currencies despite the better-than-expected U.S. import price index. The U.S. import price index dropped by 0.3% in March, beating expectations for a 0.4% decline, after a 0.2% increase in February. February's figure was revised down from a 0.4% gain.

The decline was driven by a fall in prices for non-fuel imports.

The euro traded higher against the U.S. dollar. Industrial production in France was flat in February, beating expectations for a 0.1% decline, after a 0.3% rise in January. January's figure was revised down from a 0.4% increase.

On a yearly basis, the French industrial production rose 0.3% in February, after a 0.6% gain in January.

Concerns over Greece's debt problems continue to weigh on the euro. Greece repaid the International Monetary Fund (IMF) tranche of 448 million euros on Thursday.

The British pound traded higher against the U.S. dollar. The National Institute of Economic and Social Research's estimate of gross domestic product (GDP) for the U.K. rose by 0.6% in three months to March, after a 0.6% growth in three months to February.

Manufacturing production in the U.K. rose 0.4% in February, in line with expectations, after a 0.6% decline in January. January's figure was revised down from a 0.5% decrease.

On a yearly basis, manufacturing production in the U.K. increased 1.1% in February, missing expectations for a 1.3% gain, after a 1.7% rise in January. January's figure was revised down from a 1.9% gain.

Industrial production in the U.K. climbed 0.1% in February, missing forecasts of a 0.3% rise, after a 0.1% decline in January.

On a yearly basis, industrial production in the U.K. gained 0.1% in February, missing expectations for a 0.3% rise, after a 1.2% increase in January. January's figure was revised down from a 1.3% rise.

The Canadian dollar traded higher against the U.S. dollar after the better-than-expected Canadian labour market data. Canada's unemployment rate remained unchanged at 6.8% in March, in line with expectations.

The number of employed people increased by 28,700 jobs in March, exceeding expectations for a gain of 100 jobs, after a 1,000 decline in February.

The gain was driven by an increase in part-time jobs.

The Swiss franc traded higher against the U.S. dollar. Switzerland's unemployment rate remained unchanged at a seasonally adjusted 3.2% in March, in line with expectations.

The New Zealand dollar traded higher against the U.S. dollar. In the overnight trading session, the kiwi traded mixed against the greenback in the absence of any economic reports from New Zealand.

The Australian dollar traded higher against the U.S. dollar. In the overnight trading session, the Aussie declined against the greenback. Home loans in Australia rose 1.2% in February, missing expectations for a 3.1% gain, after a 1.7% decrease in January. January's figure was revised down from a 3.5% fall.

The Japanese yen traded higher against the U.S. dollar. In the overnight trading session, the yen traded higher against the greenback in the absence of any economic reports from Japan.

The value of gold has increased significantly, again overcome the level of $ 1200, which was due to a fall in bond yields after the publication of weak US data.

US Department of Labor said: prices of imported goods fell last month, indicating that the weak global economy and the actions of foreign central banks to keep inflation in the United States. According to the data, import prices fell 0.3% in March from February. Prices fell in eight of the last nine months and were lower by 10.5% compared to last year. Economists had expected a 0.4% monthly drop in import prices. Weak import prices have contributed to the long period of low inflation in the United States. They largely reflect weak demand from foreign economies, especially in Europe and Asia, which prevented companies get more value for their products. But the latter also reflects the weakness of efforts to promote global central banks, which effectively weaken their currency against the US dollar. Strengthening of the dollar actually makes foreign goods cheaper in the world market. Export prices in the United States, meanwhile, rose 0.1% in March from February. It was the first increase since July.

Price increases also helps change investor sentiment and expectations of interest rate hikes in the United States. "What is changing quickly, so it is investors' expectations' 'said the expert Wing Fung Financial Group brands viz. According to him, the variability of investor sentiment associated with the approach of June - the expected date of the first interest rate increase in the United States.

Meanwhile, according to analysts GFMS, this year gold could drop to five-year low of $ 1,100 due to a better state of the US economy compared to Europe and developing countries.

As for the situation in the physical market, the demand in Asia this week was low, and the Shanghai Gold Exchange precious metals offered for $ 02.01 per ounce more global standard.

May futures for gold on the COMEX today rose to 1207.30 dollars per ounce.

The National Institute of Economic and Social Research (NIESR) released its estimate of gross domestic product (GDP) for the U.K. on Friday. The GDP estimate rose by 0.6% in three months to March, after a 0.6% growth in three months to February.

According to NIESR, the recent weak performance in the production and construction sectors weighed on economic growth in the first quarter.

The Richmond Fed President Jeffrey Lacker said on Friday that the Fed could start to raise its interest rate in June if "incoming economic reports diverge substantially from projections".

He added that it would be ok if the Fed will cut interest rate after rate hike if needed.

The Richmond Fed president expects that U.S. inflation will pick up toward the Fed's 2% target.

Lacker is a voting member of the Federal Open Market Committee this year.

The U.S. Labor Department released its import and export prices data on Friday. The U.S. import price index dropped by 0.3% in March, beating expectations for a 0.4% decline, after a 0.2% increase in February.

February's figure was revised down from a 0.4% gain.

The decline was driven by a fall in prices for non-fuel imports. Non-fuel imports prices decreased 0.4% in March.

A stronger U.S. currency lowers the price of imported goods.

Petroleum import prices climbed 0.8% in March.

U.S. export prices rose by 0.1% in March, after a revised 0.2% drop in February. It was the first rise since July 2014.

The Canada Mortgage and Housing Corporation (CMHC) released housing starts data on Friday. Housing starts in Canada increased to a seasonally adjusted annualized rate of 189,708 units in March from a revised reading of 151,238 units in February. February's figure revised down from 156,276 units.

Analysts had expected an increase to 175,000 units.

The CMHC's Chief Economist Bob Dugan said that "the trend in housing starts essentially held steady in March compared to February".

"However, the trend in housing construction has moved lower since September 2014, partly reflecting efforts to manage the level of completed but unsold units," Dugan noted.

EUR/USD: $1.0600(E300mn), $1.0700(E729mn), $1.0750(E339mn), $1.0800, $1.0950(E591mn)

USD/JPY: Y118.80($500mn), Y119.00/15($584mn), Y119.50($1.0bn), Y120.00($383mn), Y121.00($1.1bn)

EUR/JPY: Y132.00(E1.4bn)

GBP/USD: $1.4650(Gbp341mn)

AUD/USD: $0.7700(A$1.3bn)

USD/CAD: Cad1.2500($665mn), Cad1.2570($1.3bn), Cad1.2600($4.1bn)

NZD/USD: $0.7400(NZ$337mn), $0.7750(NZ$882mn)

Statistics Canada released the labour market data on Friday. Canada's unemployment rate remained unchanged at 6.8% in March, in line with expectations.

The number of employed people increased by 28,700 jobs in March, exceeding expectations for a gain of 100 jobs, after a 1,000 decline in February.

The gain was driven by an increase in part-time jobs.

Full-time employment in March declined by 28,200 jobs, while part-time work rose by 56,800.

The manufacturing sector cut 16,500 jobs in March, while natural resources added 6,300 jobs.

The services sector added 45,300 jobs, while the construction sector shed 12,100 jobs.

Self-employment declined by 17,000.

The labour participation rate rose to 65.9% in March from 65.8 in February.

The Bank of Canada monitors closely the labour participation rate.

U.S. stock-index futures fluctuated after General Electric Co. announced a broad restructuring plan.

Global markets:

Nikkei 19,907.63 -30.09 -0.15 %

Hang Seng 27,272.39 +328.00 +1.22 %

Shanghai Composite 4,034.9 +77.37 +1.95 %

FTSE 7,050.67 +35.31 +0.50 %

CAC 5,232 +23.05 +0.44 %

DAX 12,367.53 +201.09 +1.65 %

Crude oil $50.20 (-1.14%)

Gold $1204.60 (+0.92%)

Upgrades:

Downgrades:

Apple (AAPL) downgraded from Outperform to Mkt Perform at Raymond James

Other:

Apple (AAPL) reiterated at Buy at Canaccord Genuity, target raised from $145 to $150

The International Monetary Fund (IMF) Managing Director Christine Lagarde said on Thursday that low interest rates are fuelling asset bubbles around the world.

She also noted that the IMF expects a stronger growth in the U.S. and U.K. and improving outlook for the Eurozone. The IMF expects a weaker growth outlook for China, Brazil and Russia, Lagarde said.

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

03:30 Australia Home Loans February -1.7% Revised From -3.5% 3.1% +1.2%

03:30 China PPI y/y March -4.8% -4.7% -4.6%

03:30 China CPI y/y March 1.4% 1.3% 1.4%

04:00 China New Loans March 1020 1050

07:45 Switzerland Unemployment Rate (non s.a.) March 3.5% 3.5% 3.4%

08:45 France Industrial Production, m/m February 0.3% Revised From 0.4% -0.1% 0.0%

08:45 France Industrial Production, y/y February 0.6% 0.3%

10:30 United Kingdom Industrial Production (MoM) February -0.1% 0.3% 0.1%

10:30 United Kingdom Industrial Production (YoY) February 1.2% Revised From 1.3% 0.3% 0.1%

10:30 United Kingdom Manufacturing Production (MoM) February -0.6% Revised From -0.5% 0.4% 0.4%

10:30 United Kingdom Manufacturing Production (YoY) February 1.7% Revised From 1.9% 1.3% 1.1%

The U.S. dollar traded mixed to higher against the most major currencies ahead of the U.S. import price index. The index is expected to decline 0.4% in March, after a 0.4% gain in February.

The greenback was supported by the speculation the Fed could start to hike its interest rate in June.

The euro declined against the U.S. dollar after weak French industrial production figures. Industrial production in France was flat in February, beating expectations for a 0.1% decline, after a 0.3% rise in January. January's figure was revised down from a 0.4% increase.

On a yearly basis, the French industrial production rose 0.3% in February, after a 0.6% gain in January.

Concerns over Greece's debt problems continue to weigh on the euro. Greece repaid the International Monetary Fund (IMF) tranche of 448 million euros on Thursday.

The British pound dropped against the U.S. dollar after the mostly weaker-than-expected U.K. manufacturing production data. Manufacturing production in the U.K. rose 0.4% in February, in line with expectations, after a 0.6% decline in January. January's figure was revised down from a 0.5% decrease.

On a yearly basis, manufacturing production in the U.K. increased 1.1% in February, missing expectations for a 1.3% gain, after a 1.7% rise in January. January's figure was revised down from a 1.9% gain.

Industrial production in the U.K. climbed 0.1% in February, missing forecasts of a 0.3% rise, after a 0.1% decline in January.

On a yearly basis, industrial production in the U.K. gained 0.1% in February, missing expectations for a 0.3% rise, after a 1.2% increase in January. January's figure was revised down from a 1.3% rise.

The Canadian dollar traded lower against the U.S. dollar ahead of the Canadian labour market data. The unemployment rate in Canada is expected to remain unchanged at 6.8% in March.

Canada's economy is expected to add 100 jobs in March.

EUR/USD: the currency pair fell to $1.0573

GBP/USD: the currency pair decreased to $1.4590

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

14:30 Canada Employment March -1.0 0.1

14:30 Canada Unemployment rate March 6.8% 6.8%

14:30 U.S. FOMC Member Laсker Speaks

14:30 U.S. Import Price Index March 0.4% -0.4%

16:00 United Kingdom NIESR GDP Estimate March 0.6%

EUR/USD

Offers 1.0750 1.0720/30 1.0700 1.0650

Bids 1.0555/50 1.0500 1.0450

GBP/USD

Offers 1.4800 1.4750 1.4700

Bids 1.4620 1.4600 1.4550 1.4510/05 1.4500

EUR/JPY

Offers 129.20 129.00 128.50 128.00/20

Bids 127.00 126.50

USD/JPY

Offers 122.00 121.50 121.00

Bids 120.10/00 119.50

EUR/GBP

Offers 0.7290/00

Bids 0.7210/00 0.7150 0.7080/75

AUD/USD

Offers 0.7850 0.7780/00 0.7750

Bids 0.7650 0.7610/00 0.7550

The Obama administration criticised Europe and Japan for its reliance on monetary policy to spur the economy. The administration added that it worried that a failure to implement other policy tools could further undermine a global economic outlook.

"The global economy should not again rely on the U.S. to be the only engine of demand," the administration said.

"Not only has global growth failed to accelerate, but there is worry that the composition of global output is increasingly unbalanced," the administration added.

The U.S. Treasury Department also criticised China and South Korea for its currency policies that hurt other trading partners including the U.S. China's currency remains "significantly undervalued," the Treasury Department said.

European stocks are trading higher today boosted by a weaker euro ahead of corporate earnings, with the single currency re-approaching lows from a month ago and down for a fifth consecutive day. The weaker single currency is seen as positive for Eurozone's economic recovery. Better-than expected French data on Industrial Production further added to the bullish sentiment.

The Unemployment Rate in Switzerland unexpectedly rose to 3.4% in March, above the estimated flat reading of 3.2%.

French Industrial Production for February came in at 0.0%, beating estimates for a decline by -0.1%. In January Industrial Production rose +0.4%. Year on year Industrial Production declined from a previous reading of +0.6% to +0.3%.

Today the Office for National Statistics reported U.K.'s Industrial and Manufacturing Production data for the month of March. Industrial Production only rose +0.1%, below the estimated increase of +0.3%. The output was dragged down by a strong decline in energy. In February Industrial Production declined -0.1%.

Manufacturing Production rose +0.4%, in line with expectations from -0.5% in the preceding month. The best performing sectors out of the 13 were transport equipment, machinery and metals. Seven sectors posted gains.

The commodity heavy FTSE 100 index is currently trading +0.37% quoted at 7,041.06 points, close to its all-time high hit in March. Germany's DAX 30 is trading at 12,309.66 points +1.18% close to a fresh all-time high set in today's trading session. France's CAC 40 is currently trading at 5,231.69 points, +0.44%, the highest level since 2008.

Oil is trading moderately lower today. Brent Crude lost -0.11% currently trading at USD56.51 a barrel. On January 13th Crude set a low at USD45.19. West Texas Intermediate declined by -0.73% currently quoted at USD50.42. Yesterday oil recovered from Wednesday's big slump caused by higher U.S. stockpiles and news that Saudi Arabia increased oil production.In the week 28 March to 3 April oil reserves increased by 10.9 million barrels to 482.4 million barrels, while experts waited for an increase of 3.4 million barrels. The report also reported that weekly growth of oil reserves was the most significant since March 2001.

Today Baker Hughes Rig Count data will be in the focus. Active drilling rigs almost halved in 12 months. Still, U.S. output did not decline.

Gold is trading higher at the end of the week, back over the USD 1,200 level, after retreating for four days in a row. The minutes of the last FOMC policy meeting showed that the board is divided on whether to hike interest rates in June or not. As a consequence of the weaker-than-expected GDP growth and disappointing labour market data a potential interest rate hike might be delayed till September. But speculations for a midyear rate hike by the FED - despite weaker economic data coming from the U.S. - weighed on the precious metal. According to FED Governor Powell the FED could hike interest rates as early as June if labor markets data remains strong and points to a recovery.

A stronger US dollar is putting pressure on gold, as it reduces the metal's appeal as an alternative asset and makes dollar-denominated commodities more expensive for holders of other currencies.

Gold is currently quoted at USD1,202.40 +0,72% a troy ounce, back above the USD1,200 level. On Thursday the 22nd of January gold reached a five-month high at USD1,307.40. On Tuesday the 17th of march gold traded as low as USD1,142.50, a three-month low.

EUR/USD: $1.0600(E300mn), $1.0700(E729mn), $1.0750(E339mn), $1.0800, $1.0950(E591mn)

USD/JPY: Y118.80($500mn), Y119.00/15($584mn), Y119.50($1.0bn), Y120.00($383mn), Y121.00($1.1bn)

EUR/JPY: Y132.00(E1.4bn)

GBP/USD: $1.4650(Gbp341mn)

AUD/USD: $0.7700(A$1.3bn)

USD/CAD: Cad1.2500($665mn), Cad1.2570($1.3bn), Cad1.2600($4.1bn)

NZD/USD: $0.7400(NZ$337mn), $0.7750(NZ$882mn)

Today the Office for National Statistics reported U.K.'s Industrial and Manufacturing Production data for the month of March.

Industrial Production only rose +0.1%, below the estimated increase of +0.3%. The output was dragged down by a strong decline in energy. In February Industrial Production declined -0.1%.

Manufacturing Production rose +0.4%, in line with expectations from -0.5% in the preceding month. The best performing sectors out of the 13 were transport equipment, machinery and metals. Seven sectors posted gains.

Early in the day Chinese CPI and PPI data for the month of March was reported. Year on year the PPI declined by -4.6%, slightly less than the predicted -4.7% and less than the previous reading of -4.8%. PPI has been negative for the last three years - a sign of pressure on profit margins of Chinese companies.

The consumer price inflation in March remained unchanged with a reading of +1.4%. Analyst expected a CPI reading of 1.3%. As consumer Inflation is still far below the targeted 3% for 2015 fuelling concerns over a deflation in the world's second largest economy. So far the impact of the measures taken by the People's Bank of China is very limited and suggests that further steps will have to be taken by the PBoC.

BLOOMBERG

We Traveled Across China and Returned Terrified for the Economy

China's steel and metals markets, a barometer of the world's second-biggest economy, are "a lot worse than you think," according to a Bloomberg Intelligence analyst who just completed a tour of the country.

What he saw: idle cranes, empty construction sites and half-finished, abandoned buildings in several cities. Conversations with executives reinforced the "gloomy" outlook.

"China's metals demand is plummeting," wrote Kenneth Hoffman, the metals analyst who spent a week traveling across the country, meeting with executives, traders, industry groups and analysts. "Demand is rapidly deteriorating as the government slows its infrastructure building and transforms into a consumer economy."

Source: http://www.bloomberg.com/news/articles/2015-04-09/we-travelled-across-china-and-returned-terrified-for-the-economy

REUTERS

Exclusive - BOJ's Nakaso warns market against betting on more easing

(Reuters) - Bank of Japan Deputy Governor Hiroshi Nakaso has tempered market expectations that the bank will expand its stimulus program later this month, saying a cut in its inflation forecast would not be enough to justify more monetary easing.

Nakaso, one of Governor Haruhiko Kuroda's two deputies, said that while slumping oil costs have pushed inflation back to zero, rising wages and a steady economic recovery will underpin a long-term rise in prices.

"What's important is the underlying trend of inflation dynamics, which are steadily improving," Nakaso told Reuters in an interview on Thursday, his first with non-Japanese media in nearly a year.

Source: http://www.reuters.com/article/2015/04/10/us-japan-economy-boj-idUSKBN0N10KX20150410

BLOOMBERG

Putin's Surprising New Ruble Problem Threatens Russian Coffers

Vladimir Putin is facing a problem few could have anticipated: The ruble is becoming too strong.

Last year's worst-performing major currency is this year's best and while that's buoying the nation's bonds, driving yields to the lowest in four months, it's also crimping Russia's export revenue. Even though oil is little changed in dollars this year, the price when converted to rubles has plunged to the lowest since 2011.

The currency rout in 2014 helped Russia to keep its budget deficit within 1 percent of gross domestic product as the ruble weakened in lockstep with a 50 percent slump in oil. Now, with the cease-fire in Ukraine and the allure of higher-yielding assets attracting investors to ruble debt, the government is seeing the opposite effect.

Source: http://www.bloomberg.com/news/articles/2015-04-09/putin-s-surprising-new-ruble-problem-threatens-russian-coffers

European stocks open higher today boosted by a weaker euro, re-approaching lows from a month ago and down for a fifth consecutive day. The weaker single currency is seen as positive for Eurozone's economy recovery. Better-than expected French data on Industrial Production further added to the bullish sentiment.

The Unemployment Rate in Switzerland unexpectedly rose to 3.4% in March, above the estimated flat reading of 3.2%.

French Industrial Production for February came in at 0.0%, beating estimates for a decline by -0.1%. In January Industrial Production rose +0.4%. Year on year Industrial Production declined from a previous reading of +0.6% to +0.3%.

The commodity heavy FTSE 100 index is currently trading +0,46% quoted at 7,047.46 points. Germany's DAX 30 is trading at 12,228.09 points +0.51%. France's CAC 40 is currently trading at 5,220.64 points, +0.22%.

U.S. stocks traded higher on Thursday with the focus on the upcoming earnings season. The nergy sector rebounded together with the price of oil. The S&P 500 closed +0.45% with a final quote of 2,091.18 points. The DOW JONES index added +0.31%, closing at 17,958.73 points. Yesterday's data showed that the number of initial jobless claims in the week ending April 04 in the U.S. rose by 14,000 to 281,000 from 267,000 in the previous week. The previous week's figure was revised up from 268,000. Analysts had expected the number of initial jobless claims to increase to 271,000.Wholesale inventories in the U.S. rose 0.3% in February, missing expectations for a 0.1% gain

Chinese stocks are trading higher on hopes on further stimulus measures by the Chinese government. Hong Kong's Hang Seng is trading +0.43% at 27,061.56 points. China's Shanghai Composite is currently trading at 4,017.96 points +1.53%, a fifth straight week of gains. On Wednesday the index surpassed the 4,000 points mark for the first time since 2008, doubling since January 2014. Early in the day Chinese CPI and PPI data for the month of March was reported. Year on year the PPI declined by -4.6%, slightly less than the predicted -4.7% and less than the previous reading of -4.8%. The consumer price inflation in March remained unchanged with a reading of +1.4%. Analyst expected a CPI reading of 1.3%.

The Nikkei moderately declined after setting a new 15-year high on Friday and trading above the 20,000 points mark. The index declined on profit taking -0.15% and closed at 19,907.63 points.

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

01:30 Australia Home Loans February -1.7% 3.1 1.2%%

01:30 China PPI y/y March -4.8% -4.7% -4.6%

01:30 China CPI y/y March 1.4% 1.3% 1.4%

02:00 China New Loans March 1020 1050

05:45 Switzerland Unemployment Rate March 3.2% 3.2% 3.4%

The U.S. dollar is trading broadly lower against its major peers. Yesterday's data showed that the number of initial jobless claims in the week ending April 04 in the U.S. rose by 14,000 to 281,000 from 267,000 in the previous week. The previous week's figure was revised up from 268,000. Analysts had expected the number of initial jobless claims to increase to 271,000.Wholesale inventories in the U.S. rose 0.3% in February, missing expectations for a 0.1% gain, after a 0.4% increase in January. January's figure was revised down from a 0.3% rise.

The Australian dollar added small gains against the U.S. dollar - entering the fourth straight day of gains. Data on Home Loans came in at +1.2%, below the estimated growth of +3.1%. The January reading was revised up from -3.5% to -1.7%.

Early in the day Chinese CPI and PPI data for the month of March was reported. Year on year the PPI declined by -4.6%, slightly less than the predicted -4.7% and less than the previous reading of -4.8%. The consumer price inflation in March remained unchanged with a reading of +1.4%. Analyst expected a CPI reading of 1.3%.

New Zealand's dollar booked gains against the greenback during the Asian in the absence of any major economic news.

The Japanese yen traded moderately higher against the greenback in Asian trade.

EUR/USD: the euro traded slightly higher against the greenback

(time / country / index / period / previous value / forecast)

06:45 France Industrial Production, m/m February 0.4% -0.1%

06:45 France Industrial Production, y/y February 0.6%

08:30 United Kingdom Industrial Production (MoM) March -0.1% 0.3%

08:30 United Kingdom Industrial Production (YoY) March 1.3% 0.3%

08:30 United Kingdom Manufacturing Production (MoM) March -0.5% 0.4%

08:30 United Kingdom Manufacturing Production (YoY) March 1.9% 1.3%

12:15 Canada Housing Starts March 156 175

12:30 Canada Employment March -1.0 0.1

12:30 Canada Unemployment rate March 6.8% 6.8%

12:30 U.S. FOMC Member Laсker Speaks

12:30 U.S. Import Price Index March 0.4% -0.4%

14:00 United Kingdom NIESR GDP Estimate March 0.6%

18:00 U.S. Federal budget March -192.3 -43.2

EUR / USD

Resistance levels (open interest**, contracts)

$1.0910 (3372)

$1.0844 (1237)

$1.0769 (1123)

Price at time of writing this review: $1.0661

Support levels (open interest**, contracts):

$1.0601 (1789)

$1.0573 (2803)

$1.0532 (4046)

Comments:

- Overall open interest on the CALL options with the expiration date May, 8 is 47319 contracts, with the maximum number of contracts with strike price $1,1200 (5992);

- Overall open interest on the PUT options with the expiration date May, 8 is 60828 contracts, with the maximum number of contracts with strike price $1,0000 (7357);

- The ratio of PUT/CALL was 1.29 versus 1.34 from the previous trading day according to data from April, 9

GBP/USD

Resistance levels (open interest**, contracts)

$1.5009 (2090)

$1.4912 (675)

$1.4816 (1034)

Price at time of writing this review: $1.4694

Support levels (open interest**, contracts):

$1.4582 (580)

$1.4486 (1189)

$1.4389 (1469)

Comments:

- Overall open interest on the CALL options with the expiration date May, 8 is 19540 contracts, with the maximum number of contracts with strike price $1,5000 (2090);

- Overall open interest on the PUT options with the expiration date May, 8 is 26996 contracts, with the maximum number of contracts with strike price $1,4700 (2806);

- The ratio of PUT/CALL was 1.38 versus 1.46 from the previous trading day according to data from April, 9

* - 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.

(raw materials / closing price /% change)

Oil 50.79 +0.73%

Gold 1,194.10 +0.04%

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

Nikkei 225 19,937.72 +147.91 +0.75 %

Hang Seng 26,944.39 +707.53 +2.70 %

S&P/ASX 200 5,932.22 -28.51 -0.48 %

Shanghai Composite 3,958.54 -36.27 -0.91 %

FTSE 100 7,015.36 +77.95 +1.12 %

CAC 40 5,208.95 +72.09 +1.40 %

Xetra DAX 12,166.44 +130.58 +1.08 %

S&P 500 2,091.18 +9.28 +0.45 %

NASDAQ Composite 4,974.57 +23.74 +0.48 %

Dow Jones 17,958.73 +56.22 +0.31 %

(pare/closed(GMT +3)/change, %)

EUR/JPY $1,0661 -1,13%

GBP/USD $1,4706 -1,11%

USD/CHF Chf0,9772 +1,13%

USD/JPY Y120,57 +0,34%

EUR/JPY Y128,55 -0,77%

GBP/JPY Y177,3 -0,77%

AUD/USD $0,7694 +0,12%

NZD/USD $0,7560 +0,15%

USD/CAD C$1,2582 +0,34%