(pare/closed(GMT +2)/change, %)
EUR/USD $1,3878 +0,05%
GBP/USD $1,6644 -0,47%
USD/CHF Chf0,8775 0,00%
USD/JPY Y103,28 -0,02%
EUR/JPY Y143,32 +0,02%
GBP/JPY Y171,89 -0,49%
AUD/USD $0,9020 -0,52%
NZD/USD $0,8471 +0,13%
USD/CAD C$1,1105 +0,15%
00:01 United Kingdom BRC Retail Sales Monitor y/y February +3.9% +1.6%
00:30 Australia National Australia Bank's Business Confidence February 8
03:00 Japan BoJ Interest Rate Decision 0.10% 0.10%
03:00 Japan Bank of Japan Monetary Base Target 270 270
03:00 Japan BoJ Monetary Policy Statement
06:00 Japan Prelim Machine Tool Orders, y/y February +40.3%
07:00 Germany Current Account January 23.5 13.0
07:00 Germany Trade Balance January 18.5 19.3
07:30 Japan BOJ Press Conference
08:00 China New Loans February 1320
09:30 United Kingdom Industrial Production (MoM) January +0.4% +0.3%
09:30 United Kingdom Industrial Production (YoY) January +1.8% +3.0%
09:30 United Kingdom Manufacturing Production (MoM) January +0.3% +0.3%
09:30 United Kingdom Manufacturing Production (YoY) January +1.5% +3.3%
09:30 United Kingdom Inflation Report Hearings Quarter IV
10:00 Eurozone ECOFIN Meetings
14:00 U.S. Wholesale Inventories January +0.3% +0.5%
14:00 U.S. JOLTs Job Openings January 3990 4030
15:00 United Kingdom NIESR GDP Estimate February +0.8%
20:30 U.S. API Crude Oil Inventories March +1.2
23:30 Australia Westpac Consumer Confidence March -3.0%
23:50 Japan BSI Manufacturing Index Quarter I 9.7 11.3
23:50 Japan Tertiary Industry Index February -0.4% +0.7%
The euro exchange rate is trading in a narrow range against the U.S. dollar in the absence of meaningful statistics . Slight pressure on the euro was data from France , which showed that industrial production in France fell in January, contrary to the forecast of economists expect a noticeable increase . Industrial production fell by 0.1 percent year on year in January , succeeding increase by 0.3 per cent and 1.5 per cent in December and November respectively. Economists had expected a 1.3 percent expansion in January . On a monthly measurement of industrial production fell by 0.2 percent in the beginning of the year , after falling 0.6 percent in December . Expectations were at a gain of 0.6 percent. Insee also noted that in January, production in the manufacturing sector grew at a faster annual rate of 1.4 percent than the 0.5 percent in December.
Little influenced by data from Sentix, which showed that investor confidence in the eurozone reached its highest level since April 2011 , supported by notable progress in the assessment of the current situation. The composite index of confidence rose to 13.9 in March from 13.3 in February , while , according to forecasts , the index had to grow to 14.3 . Nevertheless , it was the highest since April 2011 . Assessment of the current situation rose to 4.8 , the highest level since July 2011 , from 1.8 in February. Nevertheless , expectations fell to 23.5 in March from 25.5 in February.
Pound declined significantly against the dollar , reaching lows on February 27. Couple in Europe was under intense pressure and broke above $ 1.6700 , absorbing foot and accelerating the pace of decline . The decrease was due to technical factors ( correction after Friday's growth ) , as well as statements of the representative of the Bank of England Bean . Note that the deputy. the Bank of England , Charlie Bean said today that interest rates will remain at the same levels for a longer time if the pound continues to grow .
"If sterling stronger, it is potentially weaken inflation as a negative impact on import prices , so achieving the target level of inflation will be rather medium term, which in turn means that monetary policy will remain accommodative for a longer period of time than expected, " - says Bean .
CB representative added that the recovery of the British economy may face obstacles in the face of the eurozone's problems or stress in the emerging markets , as well as in the face of bubbles forming in the domestic housing market.
The Canadian dollar was trading lower against the U.S. dollar , but was able to recover most of the previously lost positions . Growth helped Canadian data , which showed that the number of new housing increased tabs on a monthly basis by an average of 192,094 units in February. This was stated by the Canadian Mortgage and Housing Corporation (CMHC). The results, which followed three months of decline, were slightly higher than analysts had expected 190,000 new bookmarks . In a research note expert CIBC World Markets said the results were in February according to the range , which saw last summer and early fall , but less than the rate of more than 220,000 units, which are seen in mid-2012. CMHC reported that the number of new housing urban bookmarks increased to 175,584 units. Bookmark urban apartment jumped 13.3% to 116,458 units, while single-family detached urban Bookmarks fell 2.4 % to 59,126 units.
USD/JPY Y102.05, Y102.05, Y102.20, Y102.50, Y103.00, Y103.50, Y104.00
EUR/JPY Y143.00
EUR/USD $1.3700, $1.3750, $1.3800, $1.3840, $1.3850, $1.3900
GBP/USD $1.6675
EUR/GBP stg0.8175, stg0.8180, stg0.8350
EUR/CHF Chf1.2205, Chf1.2210
AUD/USD $0.8925/30, $0.8940, $0.9000, $0.9080, $0.9105, $0.9110, $0.9130, $0.9150, $0.9160, $0.9180
USD/CAD Cad1.0900, Cad1.100, Cad1.1050, Cad1.1100, Cad1.1150, Cad1.1200
NZD/USD $0.8360, $0.8370, $0.8415, $0.8430, $0.8440
EUR/USD
Offers $1.4000, $1.3950, $1.3920/25, $1.3900-15
Bids $1.3855/50, $1.3835/30, $1.3812-787, $1.3760/50, $1.3710/00
GBP/USD
Offers $1.6790/800, $1.6770, $1.6745/55, $1.6700/10
Bids $1.6650/40, $1.6605/00, $1.6585/80, $1.6555/50
AUD/USD
Offers $0.9200, $0.9150, $0.9100
Bids $0.9005/00, $0.8950, $0.8910/00
EUR/JPY
Offers Y145.00, Y144.80, Y144.50, Y144.00, Y143.75/80
Bids Y142.90/80, Y142.20, Y142.00, Y141.55/50
USD/JPY
Offers Y104.00, Y103.50
Bids Y102.50, Y102.20
EUR/GBP
Offers stg0.8400/05, stg0.8370/80
Bids stg0.8280/75, stg0.8200, stg0.8190-80, stg0.8150
USD/JPY Y102.05, Y102.05, Y102.20, Y102.50, Y103.00, Y103.50, Y104.00
EUR/JPY Y143.00
EUR/USD $1.3700, $1.3750, $1.3800, $1.3840, $1.3850, $1.3900
GBP/USD $1.6675
EUR/GBP stg0.8175, stg0.8180, stg0.8350
EUR/CHF Chf1.2205, Chf1.2210
AUD/USD $0.8925/30, $0.8940, $0.9000, $0.9080, $0.9105, $0.9110, $0.9130, $0.9150, $0.9160, $0.9180
USD/CAD Cad1.0900, Cad1.100, Cad1.1050, Cad1.1100, Cad1.1150, Cad1.1200
NZD/USD NZ$0.8360, NZ$0.8370, NZ$0.8415, NZ$0.8430, NZ$0.8440
05:00 Japan Eco Watchers Survey: Current February 54.7 54.3 53.0
05:00 Japan Eco Watchers Survey: Outlook February 49.0 40.0
The yen climbed versus all of its 16 major counterparts as the biggest drop in Chinese exports since 2009 and continuing tension in Ukraine’s Crimean peninsula drove demand for Japan’s haven assets. A March 8 report showed China had its biggest trade deficit in two years, data that may have been distorted by the Lunar New Year holiday and over-invoicing a year earlier, according to ING Groep NV. China’s overseas shipments unexpectedly declined 18.1 percent in February from a year earlier, customs data showed March 8, compared with analysts’ median estimate for a 7.5 percent increase. Imports rose 10.1 percent, more than projected, leaving a trade deficit of $23 billion, the data showed.
The yen was also supported as Bank of Japan policy makers begin a two-day meeting today.
The currencies of Australia, Canada and New Zealand led declines among Group of 10 peers versus the yen, as China’s yuan dropped after the central bank cut its reference rate by the most in 1 1/2 years. The People’s Bank of China weakened the yuan’s reference rate today by 0.18 percent, the most since July 2012. The currency lost 0.3 percent to 6.1470 per dollar, according to China Foreign Exchange Trade System prices.
EUR / USD: during the Asian session, the pair traded in the range of $ 1.3875-90
GBP / USD: during the Asian session, the pair rose to $ 1.6740
USD / JPY: on Asian session the pair fell to Y102.95
There is a full data calendar in Europe Monday, although there is little data set for release in the US. For note, the clocks across the US (and much of Canada) went forward one hour over the weekend, with the East coast just four hours behind GMT for the next three weeks. The European calendar gets underway at 0730GMT, with the release of the February Bank of France business survey, followed at 0745GMT by the release of the French January industrial orders numbers. At 0815GMT, the Swiss January retail sales data are set for publication. Italy's January industrial production data will cross the wires at 0900GMT, to be followed by the EMU March sentiment index at 0930GMT.