European currency strengthened against the U.S. dollar, which has helped to publish data on Germany and the ECB's monthly economic report.

The Federal Statistical Office reported that by the end of June German exports rebounded, which was supported by strong demand from countries not included in the composition of the euro area, while the volume of imports unexpectedly declined, reflecting the weakness in domestic demand.

According to the report, the volume of exports, adjusted for working days and seasonal changes, rose in June by 0.6%, compared with a revised fall of May at 2%. However, the growth rate was weaker than the average forecast from the experts - at the level of 0.9 percent. As for imports, its volume decreased by 0.8%, after rising 1.4% in May, which was revised. Economists had forecast that imports will rise by 0.5%.

As a result of opposing trends in export and import trade surplus with Germany in June this correction was 15.7 billion euros in May from a revised value of 14.6 billion euros. These were better than analysts' forecasts, according to which the surplus was 15.2 billion euros.

As for the ECB bulletin, he confirmed the intention of the ECB to keep interest rates at the current (0.5%) and a lower level for a long time. Monetary policy will remain accommodative for as long as it is required in order to support the economic recovery, which is expected to grow by gradual pace over this year and next.

Meanwhile, the ECB has identified several risks to the economic recovery of the region, namely, the continuing uncertainty in global financial markets, the likelihood of a weaker-than-expected domestic and external demand and the inability of national governments in Europe to the timely and consistent implementation of the necessary reforms.

The U.S. dollar fell against major currencies after data on the U.S. labor market. At the end of last week, the number of employees in the U.S. who first applied for unemployment benefits increased slightly, rising from nearly five-year low, but remained close to levels that point to a gradual improvement in the labor market. According to the report, the seasonally adjusted number of initial claims for unemployment benefits rose in the week ended August 3, 5000, reaching 333 thousand worth noting that according to the average forecasts of experts the value of this parameter should be increased to 336 tys.Krome order it was reported that the previous week was revised upward to the level of 328 thousand to 326 thousand

The yen rose against the dollar on the fact that the Bank of Japan did not make any changes in monetary policy by abstaining from the expansion of the unprecedented stimulus programs. In this case, the Central Bank did not revise and assess the current state of the Japanese economy, and macroeconomic forecasts. The statement said the Bank of Japan, its leaders decided to wait for new signals that will clarify the situation.

Central Bank noted in a statement after the meeting that the economy "is recovering at a moderate pace," while others "as a whole gradually sent to revive growth" despite the lingering pockets of economic weakness. The Bank of Japan has also confirmed the growth of exports and drew attention to the weakening of the investment company which ceased amid rising corporate profits.

We also add that the Japanese government approved a medium-term financial plan, which includes a reduction of $ 4 trillion. yen in each of the next two years in order to achieve the national goals of financial reform in 2015 financial year.

It is learned that the government intends to achieve a primary deficit of 18.9 trillion yen in fiscal year 2014 and 15.2 trillion yen deficit in 2015 fiscal year, against 23.2 trillion. yen in the current year.

Reduce costs in conjunction with other measures, as well as optimistic goals of economic growth, should take primary deficit to around 3.3 percent of gross domestic product in 2015 fiscal year, - the government of the country. That is, the rate should be reduced by half compared with 6.6 percent in fiscal year 2010.

However, the plan assumes that the government should take additional measures and balance the budget by 2020 financial year, as according to the latest plan primary balance will still be minus 2.0 per cent of GDP in that year.

EUR/USD $1.3350

USD/JPY Y95.00, Y97.00, Y97.10

GBP/USD $1.5300, $1.5315, $1.5340/45, $1.5410, $1.5430, $1.5500

EUR/GBP stg0.8800

AUD/USD $0.9000, $0.9035, $0.9080, $0.9100, $0.9115, $0.9125

EUR/AUD A$1.4950

Data

01:30 Australia Unemployment rate July 5.7% 5.8% 5.7%

01:30 Australia Changing the number of employed July +10.3 +6.2 -10.2

02:00 China Trade Balance, bln July 27.1 26.2 17.8

02:30 Japan BoJ Interest Rate Decision 0.10% 0.10% 0.10%

02:30 Japan Bank of Japan Monetary Base Target 270 270

02:30 Japan BoJ Monetary Policy Statement

05:00 Japan Eco Watchers Survey: Current July 53.0 53.5 53.2

05:00 Japan Eco Watchers Survey: Outlook July 53.6 54.1 53.6

05:45 Switzerland Unemployment Rate July 3.2% 3.2% 3.2%

06:00 Germany Trade Balance June 14.1 15.2 15.7

06:00 Germany Current Account June 11.2 17.0 17.3

07:30 Japan BOJ Press Conference

08:00 Eurozone ECB Monthly Report August

European currency strengthened against the U.S. dollar, which has helped to publish data on Germany and the ECB's monthly economic report.

The Federal Statistical Office reported that up to June of the year German exports rebounded, which was supported by strong demand from countries not included in the composition of the euro area, while the volume of imports unexpectedly declined, reflecting the weakness in domestic demand.

According to the report, the volume of exports, adjusted for working days and seasonal changes, rose in June by 0.6%, compared with a revised fall of May at 2%. However, the growth rate was weaker than the average forecast from the experts - at the level of 0.9 percent. As for imports, its volume decreased by 0.8%, after rising 1.4% in May, which was revised. Economists had forecast that imports will rise by 0.5%.

As a result of opposing trends in export and import trade surplus with Germany in June this correction was 15.7 billion euros in May from a revised value of 14.6 billion euros. These were better than analysts' forecasts, according to which the surplus was 15.2 billion euros.

As for the ECB bulletin, he confirmed the intention of the ECB to keep interest rates at the current (0.5%) and a lower level for a long time. Monetary policy will remain accommodative for as long as it is required in order to support the economic recovery, which is expected to grow by gradual pace over this year and next.

Meanwhile, the ECB has identified several risks to the economic recovery of the region, namely, the continuing uncertainty in global financial markets, the likelihood of a weaker-than-expected domestic and external demand and the inability of national governments in Europe to the timely and consistent implementation of the necessary reforms.

The yen rose sharply against the dollar, against the background of the Bank of Japan did not make any changes in monetary policy by abstaining from the expansion of unprecedented stimulus programs. In this case, the Central Bank did not revise and assess the current state of the Japanese economy, and macroeconomic forecasts. The statement said the Bank of Japan, its leaders decided to wait for new signals that will clarify the situation.

Central Bank noted in a statement after the meeting that the economy "is recovering at a moderate pace," while others "as a whole gradually sent to revive growth" despite the lingering pockets of economic weakness. The Bank of Japan has also confirmed the growth of exports and drew attention to the weakening of the investment company which ceased amid rising corporate profits.

We also add that the Japanese government approved a medium-term financial plan, which includes a reduction of $ 4 trillion. yen in each of the next two years in order to achieve the national goals of financial reform in 2015 financial year.

It is learned that the government intends to achieve a primary deficit of 18.9 trillion yen in fiscal year 2014 and 15.2 trillion yen deficit in 2015 fiscal year, against 23.2 trillion. yen in the current year.

Reduce costs in conjunction with other measures, as well as optimistic goals of economic growth, should take primary deficit to around 3.3 percent of gross domestic product in 2015 fiscal year, - the government of the country. That is, the rate should be reduced by half compared with 6.6 percent in fiscal year 2010.

However, the plan assumes that the government should take additional measures and balance the budget by 2020 financial year, as according to the latest plan primary balance will still be minus 2.0 per cent of GDP in that year.

The cost of the Australian dollar sharply higher against its U.S. counterpart, which has helped to publish a positive report on Australia.

As shown by the data, which were presented the Australian Bureau of Statistics, the unemployment rate in Australia has not changed in July, but many workers have lost their jobs, creating concerns about slowing economic growth.

According to the report, the seasonally adjusted unemployment rate was at 5.7% last month. Economists had expected the unemployment rate will stay at around 5.8%.

In addition, it was reported that the number of employed fell by 10.2 thousand compared to the expected growth of 6 thousand in July, the number of employees, full-time workers fell by 6.7 million, while part-time - 3, 5 thousand bureau also reported that the labor force, or the proportion of the working population of working age, or people who are actively looking for work in July fell to 65.1% from 65.3% in June, against expectations of 65.3%.

EUR / USD: during the European session, the pair rose to $ 1.3369

GBP / USD: during the European session, the pair fluctuates within a narrow range

USD / JPY: during the European session, the pair fell to Y96.09

At 12:30 GMT Canada will present the price index for housing in the primary market in June. At 17:00 GMT the United States places the 30-year bonds. At 23:50 GMT Japan will release the index of activity in the service sector in June.

EUR/USD

Offers $1.3480/85, $1.3450/60, $1.3417, $1.3395-410, $1.3370/75

Bids $1.3330, $1.3305/290, $1.3280, $1.3245/40, $1.3235/30

GBP/USD

Offers $1.5650/60, $1.5620/30, $1.5595/605, $1.5580, $1.5530/50

Bids $1.5485/80, $1.5455/50, $1.5435/30, $1.5410/00, $1.5370

AUD/USD

Offers $0.9190/00, $0.9150, $0.9125, $0.9100, $0.9090

Bids $0.9020, $0.9000, $0.8955/50, $0.8900, $0.8880/75

USD/JPY

Offers Y98.00, Y97.45/50, Y97.20, Y96.90/00, Y96.65/70

Bids Y96.00, Y95.90, Y95.80, Y95.50, Y95.42

EUR/JPY

Offers Y130.00, Y129.73/75, Y129.50, Y129.23/39, Y128.75/80

Bids Y128.00, Y127.90, Y127.50, Y127.20, Y127.00

EUR/GBP

Offers stg0.8675, stg0.8640/45, stg0.8630, stg0.8623

Bids stg0.8580, stg0.8540, stg0.8500, stg0.8485/80

EUR/USD $1.3350

USD/JPY Y95.00, Y97.00, Y97.10

GBP/USD $1.5300, $1.5315, $1.5340/45, $1.5410, $1.5430, $1.5500

EUR/GBP stg0.8800

AUD/USD $0.9000, $0.9035, $0.9080, $0.9100, $0.9115, $0.9125

EUR/AUD A$1.4950

01:30 Australia Unemployment rate July 5.7% 5.8% 5.7%

01:30 Australia Changing the number of employed July +10.3 +6.2 -10.2

02:00 China Trade Balance, bln July 27.1 26.2 17.8

02:30 Japan BoJ Interest Rate Decision 0.10% 0.10% 0.10%

02:30 Japan Bank of Japan Monetary Base Target 270 270

02:30 Japan BoJ Monetary Policy Statement

05:00 Japan Eco Watchers Survey: Current July 53.0 53.5 53.2

The yen retreated from a seven-week high after Japan reported a narrower-than-expected surplus for the broadest measure of trade and the central bank maintained its bond-buying program.

The yen fell against all of its 16 major peers after a report showed Japanese investors bought foreign bonds for a fifth-straight week in the period ended Aug. 2. The Bank of Japan maintained its plan to increase the monetary base by up to 70 trillion yen ($724 billion) annually to stoke inflation.

Japan’s current-account surplus was 336.3 billion yen in June, Finance Ministry data showed today, trailing the 400 billion yen median estimate in a Bloomberg News survey of economists. The balance fell 20.3 percent from a year ago compared to an estimated 3.5 percent decline.

The euro was supported before a German report that will probably show exports outpaced imports by 15 billion euros ($20 billion) in June, according to the median estimate of economists. The current account surplus rose to 16 billion euro, the poll projects. European Central Bank President Mario Draghi said last week economic indicators signal the currency bloc is past the worst of its longest-ever recession, while reiterating that interest rates will stay low for the foreseeable future.

EUR / USD: during the Asian session the pair traded in the range of $ 1.3325-45

GBP / USD: during the Asian session the pair traded in the range of $ 1.5485-00

USD / JPY: during the Asian session the pair rose to Y96.95

Market now set for the Kuroda press conference at 0630GMT (usually a closed session with headlines to follow).

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,3337 +0,22%

GBP/USD $1,5488 +0,90%

USD/CHF Chf0,9213 -0,48%

USD/JPY Y96,37 -1,45%

EUR/JPY Y128,51 -1,24%

GBP/JPY Y149,25 -0,53%

AUD/USD $0,8992 +0,13%

NZD/USD $0,7957 +0,67%

USD/CAD C$1,0422 +0,46%

01:30 Australia Unemployment rate July 5.7% 5.8%

01:30 Australia Changing the number of employed July +10.3 +6.2

02:00 China Trade Balance, bln July 27.1 26.2

02:30 Japan BoJ Interest Rate Decision 0.10% 0.10%

02:30 Japan Bank of Japan Monetary Base Target 270

02:30 Japan BoJ Monetary Policy Statement

05:00 Japan Eco Watchers Survey: Current July 53.0 53.5

05:00 Japan Eco Watchers Survey: Outlook July 53.6 54.1

05:45 Switzerland Unemployment Rate July 3.2% 3.2%

06:00 Germany Trade Balance June 14.1 15.2

06:00 Germany Current Account June 11.2 17.0

07:30 Japan BOJ Press Conference

08:00 Eurozone ECB Monthly Report August

12:30 Canada New Housing Price Index June +0.1% +0.3%

12:30 U.S. Initial Jobless Claims July 326 336

23:50 Japan All Industry Activity Index, m/m June 1.2% -0.2%