The euro rose against the U.S. dollar, which in part helped to data from the research center Sentix, which showed that confidence among investors the euro zone improved in June, registering with the second monthly increase in a row. According to a report in the current month sentiment index rose to 11.6, up from -15.6 in May. However, it is worth noting that the last result, however, was slightly weaker than average forecasts of experts at -11.3. In addition, it was reported that a sub-index, which assesses the current situation in the euro area increased in June to the level of -28.8, compared with -32.3 in May, while the sub-index of expectations rose in particular to 7.3 from 2.8 in the previous month. The data also showed that the sentiment index for the euro zone's largest economy - Germany increased after two consecutive declines in recent months. According to the report, the sentiment index for Germany rose to 16.2 in June from 15.2 in May.

The U.S. dollar rose against the Japanese yen after the upward revision outlook for the credit rating of the United States. Meanwhile, investors are waiting for the completion of the Bank of Japan. Agency Standard & Poor's upgraded the long-term outlook for the U.S. credit rating to "stable" from "negative", citing the strength of the economy and the currency of the United States. The yen began to weaken after the start of the two-day meeting of the Bank of Japan in Tokyo. Investors are waiting for the end of the meeting, to find out whether the central bank will take any new steps to ease monetary policy after it left policy unchanged at its previous meeting, held in late May.

The pound rose against the dollar in anticipation of tomorrow's report on industrial production. Recall that in March, the volume of industrial production increased by 0.7%, beating expectations with the majority of experts.

European stocks closed little changed after fluctuating between gains and losses more than a dozen times as Japan's economy expanded more than initially estimated while growth in Chinese exports slumped.

In Japan, gross domestic product expanded an annualized 4.1 percent in the first quarter, compared with a preliminary calculation of 3.5 percent, the Cabinet Office said in Tokyo today. Consumer confidence climbed to the highest level since 2007 in May, separate data showed. The Topix index jumped 5.2 percent for the biggest gain in two years.

China's export growth plummeted to a 10-month low in May and imports unexpectedly fell as a crackdown on fake trade invoices exposed weakness in global demand. Overseas sales rose 1 percent from a year earlier, the General Administration of Customs said on June 8, trailing 35 of 38 analysts' estimates in a survey and down from April's 14.7 percent pace. Imports dropped 0.3 percent.

National benchmark indexes fell in 12 of the 18 western European markets open today. The U.K.'s FTSE 100 and France's CAC 40 each slipped 0.2 percent, while Germany's DAX gained 0.6 percent. Greece's ASE sank 4.7 percent as the government said the sale of Depa SA, the Greek state natural gas supplier, received no bids.

ITV Plc increased 3.7 percent to 134.2 pence, the biggest advance since February. Liberum Capital upgraded its price estimate on the U.K. broadcaster's shares to 200 pence from 155 pence, citing "structurally resilient" free-to-air television advertisements and forecast growth in online and content revenue.

Severn Trent slid 6 percent to 1,946 pence, the largest decline since June 20, 2012. Borealis Infrastructure Management Inc. and its partners in the LongRiver group abandoned a 5.3 billion-pound offer for Severn Trent after the U.K. water utility declined to negotiate.

Anglo American and Rio Tinto retreated 2.8 percent to 1,421.5 pence and 2.4 percent to 2,740 pence, respectively. Lonmin Plc, the world's third-largest platinum producer, slipped 3.2 percent to 287.6 pence. Antofagasta Plc, the Chilean copper producer, declined 1.2 percent to 911 pence.

West Texas Intermediate crude slid from a two-week high after industrial production slowed in China, the world’s second-biggest oil-consuming country.

Prices fell as much as 0.9 percent as Chinese output grew 9.2 percent in May, compared with 9.3 percent in April, the National Bureau of Statistics said yesterday. The pace was less than the 9.4 percent estimate in a Bloomberg survey of economists. Futures also decreased as production resumed at the North Sea Buzzard oil field, the largest contributor to the Forties crude grade, a component of the Brent benchmark.

China used 9.76 million barrels a day, or 11 percent of world’s oil, in 2011, making it the second-biggest user after the U.S., which used 18.8 million barrels a day, or 21 percent, according to BP Plc (BP/)’s Statistical Review of World Energy.

U.S. crude stockpiles reached an 82-year high of 397.6 million barrels in the week ended May 24 before dropping 1.6 percent the following week, according to the Energy Information Administration, the statistical arm of the Energy Department. Gasoline demand slid 1.5 percent in the week ended May 31.

WTI for July delivery slid 28 cents, or 0.3 percent, to $95.75 a barrel at 10:40 a.m. on the New York Mercantile Exchange. The volume of all futures traded was 5.8 percent below the 100-day average. Prices advanced $1.27 to $96.03 a barrel on June 7, the highest close since May 21.

Brent for July settlement dropped 35 cents, or 0.3 percent, to $104.21 a barrel on the London-based ICE Futures Europe exchange. Volume was 8.6 percent below the 100-day average.

Gold prices are kept within a narrow range at the time, as today's calendar is empty on the U.S. charts. On Friday, the price of gold fell more than 2% to its lowest level in 10 days, as investors feared that the improvement in the U.S. labor market will provoke a completion bond purchases by the Federal Reserve System.

The number of employees in the U.S. economy, excluding the agriculture sector in May increased by 175,000 with growth forecast at 170,000, and the unemployment rate was 7.6 percent, the forecast of 7.5 percent.

According to the president of the Federal Reserve Bank of Philadelphia Charles Plosser, employment report showed that the reduction in government spending is not as strongly affected by the economy, as some had feared, and that the central bank should reduce the volume of buying bonds immediately. But most of the 19 Fed officials, policy makers feel the need to continue the acquisition of assets by $ 85 billion a month.

Stocks of the world's largest exchange-traded fund backed by gold (ETF) SPDR Gold Trust on Friday fell by 0.06 percent to 1.007,14 tons - the lowest level in four years.

The cost of the August gold futures on COMEX today is trading in the range of 1375.1 - 1387.7 per ounce.

EUR/USD $1.3075, $1.3090, $1.3100, $1.3120, $1.3170, $1.3200

USD/JPY Y97.50, Y98.00, Y98.50, Y98.75, Y100.00

GBP/USD $1.5450, $1.5470, $1.5500, $1.5600

EUR/GBP stg0.8500

USD/CHF Chf0.9400

EUR/CHF Chf1.2350

AUD/USD $0.9400, $0.9470, $0.9500, $0.9600, $0.9650, $0.9675

USD/CAD C$1.0300

Data

00:00 China Bank holiday

05:00 Japan Consumer Confidence May 44.5 44.8 44.5

05:45 Switzerland Unemployment Rate May 3.1% 3.2% 3.2%

06:00 Japan Eco Watchers Survey: Current March 56.5 56.3 55.7

06:00 Japan Eco Watchers Survey: Outlook May 57.8 57.1 56.2

06:45 France Industrial Production, m/m April -0.6% +0.2% +2.2%

06:45 France Industrial Production, y/y April -2.5% -4.0% -0.5%

07:00 Eurozone ECB's Jens Weidmann Speaks

07:15 Switzerland Retail Sales Y/Y April -0.9% +2.5% +3.3%

The euro rose against the U.S. dollar, reaching a maximum at the same session, which partially helped the data from the research center Sentix, which showed that confidence among investors the euro zone improved in June, registering with the second monthly increase in a row. According to a report in the current month sentiment index rose to 11.6, up from -15.6 in May. However, it is worth noting that the last result, however, was slightly weaker than average forecasts of experts at -11.3. In addition, it was reported that a sub-index, which assesses the current situation in the euro area increased in June to the level of -28.8, compared with -32.3 in May, while the sub-index of expectations rose in particular to 7.3 from 2.8 in the previous month. The data also showed that the sentiment index for the euro zone's largest economy - Germany increased after two consecutive declines in recent months. According to the report, the sentiment index for Germany rose to 16.2 in June from 15.2 in May.

Add that investors are also expected to address by the President of the Federal Reserve Bank of St. Louis James Bullard. The official spoke today at an economic forum in Montreal. In May, Ballard said he would prefer to maintain the current rate of redemption of bonds as long as inflation is opaseniya.Zayavleniya Fed officials closely monitored markets in response to the growing expectations of the phasing out of the Central American program of quantitative easing.

The yen fell against the U.S. dollar, even despite the fact that the final data, which were presented yesterday by the Ministry of Finance of Japan, showed that in the first quarter, GDP grew slightly more than initially expected by experts. The report showed that, compared with the previous quarter, an increase of Japan's GDP in January-March was 1%. Earlier, the Ministry of Finance reported that economic growth in this period reached 3.5% in annual figures. But then, this estimate has been changed, because the investment in fixed assets decreased to a lesser extent than originally anticipated. Overall economic growth has been achieved primarily by increasing the amount of personal consumption, which in Japan accounted for approximately 60% of the gross domestic product. GDP has increased and because of the increase in exports, primarily to the United States and a number of Asian countries. In addition, it was reported that the annualized GDP growth was revised up to 4.1% compared with the prior reading of 3.5% and a 0.2% expansion in the previous three months. Commenting on the latest data, the Japanese Prime Minister Shinzo Abe said today that the economy may in his country will contribute to overcoming the negative effects of the global economy.

The pound was little changed against the dollar, as many market participants are waiting for tomorrow's report on industrial production. Recall that in March, the volume of industrial production increased by 0.7%, beating expectations with the majority of experts. In combination with a stronger-than-expected GDP growth in the first quarter, the growth of industrial production has a back pressure on the Bank of England to expand its asset purchase program. We expect that the UK economy will continue to grow, and the PMI will continue to move through the territory expansion. However, it is worth noting that, compared to the same period of the previous year the index of industrial production has been negative since April 2011, and the demand for British goods and services in Europe is currently suffering from the ongoing recession in the Eurozone. On this, until we see improvements in the rest of Europe, we should not expect significant growth in industrial production the UK.

EUR / USD: during the European session, the pair rose to $ 1.3229

GBP / USD: during the European session, the pair rose to $ 1.5548

USD / JPY: during the European session, the pair rose to Y99.00

At 12:15 GMT Canada is to release data on the number of Housing Starts in May. At 13:50 GMT we planned a member of the Federal Open Market Committee D. Bullard. At 19:00 GMT c address by a member of the board of the National Bank of Switzerland Jean-Pierre Danthine. At 22:00 GMT New Zealand will house price index for May from REINZ. At 23:50 GMT Japan will release the business conditions index for large manufacturers for the II quarter.

EUR/USD

Offers $1.3340/50, $1.3300/20, $1.3300, $1.3270/80

Bids $1.3178, $1.3180/70, $1.3150, $1.3100/090

GBP/USD

Offers $1.5700, $1.5640/50, $1.5620, $1.5595/605, $1.5585/90

Bids $1.5470/60, $1.5435/30, $1.5410/00, $1.5380/70

AUD/USD

Offers $0.9570/80, $0.9545/50, $0.9520/30, $0.9510/15, $0.9475-80

Bids $0.9355/50, $0.9330/20, $0.9300, $0.9275

EUR/JPY

Offers Y131.40/50, Y130.90/1.00, Y130.70/75

Bids Y129.00, Y128.60/50, Y126.19

EUR/GBP

Offers stg0.8595/600, stg0.8575/80, stg0.8560/65, stg0.8540/45, stg0.8525/30

Bids stg0.8475/70, stg0.8445/40, stg0.8420, stg0.8400

USD/JPY

Offers Y99.80, Y99.40/50, Y99.00

Bids Y97.75/70, Y97.50/40, Y97.30/20

Stocks in Europe were little changed after three weeks of losses, as China's export growth tumbled to a 10-month low while Japan's economy expanded more than initially estimated. U.S. index futures and Asian shares gained.

The Stoxx Europe 600 Index rose 0.1 percent to 295.78 at 10:04 a.m. in London as three shares advanced for every two that fell. Standard & Poor's 500 Index futures added 0.4 percent after the U.S. gauge jumped the most since April on June 7 as payrolls topped projections.

China's export growth plummeted to a 10-month low in May and imports unexpectedly fell as a crackdown on fake trade invoices exposed weakness in global demand. Overseas sales rose 1 percent from a year earlier, the General Administration of Customs said on June 8, and down from April's 14.7 percent pace. Imports dropped 0.3 percent. In Japan, gross domestic product expanded an annualized 4.1 percent in the first quarter, compared with a preliminary calculation of 3.5 percent, the Cabinet Office said in Tokyo today. Consumer confidence climbed to the highest level since 2007 in May, separate data showed.

Severn Trent slid 5.3 percent to 1,960 pence, the largest decline since June 20, 2012. Borealis Infrastructure Management Inc. and its partners in the LongRiver group abandoned a 5.3 billion-pound ($8.2 billion) offer for Severn Trent after the U.K. water utility declined to negotiate.

Anglo American and Rio Tinto Group retreated 3.3 percent to 1,415 pence and 2.8 percent to 2,730.5 pence, respectively, as a gauge of basic-resources companies fell the most among the 19 industry groups in the Stoxx 600. Antofagasta Plc (ANTO), the Chilean copper producer, slipped 1.8 percent to 905 pence.

Man Group advanced 2 percent to 96.8 pence after the hedge-fund manager plunged 18 percent last week.

ITV Plc rose 4.6 percent to 135.3 pence, the biggest gain since February. Liberum Capital upgraded its price estimate on the U.K. broadcaster's shares to 200 pence from 155 pence, citing "structurally resilient" free-to-air television advertisements and forecast growth in online and content revenue.

EUR/USD $1.3075, $1.3090, $1.3100, $1.3120, $1.3170, $1.3200

USD/JPY Y97.50, Y98.00, Y98.50, Y98.75, Y100.00

GBP/USD $1.5450, $1.5470, $1.5500, $1.5600

EUR/GBP stg0.8500

USD/CHF Chf0.9400

EUR/CHF Chf1.2350

AUD/USD $0.9400, $0.9470, $0.9500, $0.9600, $0.9650, $0.9675

USD/CAD C$1.0300

Asian stocks rose, with the regional benchmark index heading for the biggest rally in more than six weeks, after a report showed the U.S. added more workers than expected. Japanese shares surged after a three-week, $600 billion rout. Japan's Topix index jumped 5.2 percent, the most since March 2011, after the Government Pension Investment Fund, the world's biggest manager of retirement savings, said on June 7 it will sell bonds to buy more equities.

Nikkei 225 13,514.2 +636.67 +4.94%

S&P/ASX 200 4,737.7 -43.47 -0.91%

Shanghai Composite closed

Toyota Motor Corp., the No. 1 global carmaker, gained 8.6 percent.

Yue Yuen Industrial Holdings Ltd., a shoemaker that gets 29 percent of its revenue in the U.S., rose 1.7 percent in Hong Kong.

Sharp Corp. jumped 15 percent after Qualcomm Inc. agreed to a second purchase of the unprofitable Japanese TV maker's shares.

00:00 China Bank holiday

05:00 Japan Consumer Confidence May 44.5 44.8 44.5

05:45 Switzerland Unemployment Rate May 3.1% 3.2% 3.2%

06:00 Japan Eco Watchers Survey: Current March 56.5 56.3 55.7

06:00 Japan Eco Watchers Survey: Outlook May 57.8 57.1 56.2

The Dollar Index rose for a second day before Federal Reserve of St. Louis President James Bullard speaks today amid speculation the central bank will slow monetary stimulus as the economy improves. Fed Policy makers led by Chairman Ben S. Bernanke will trim their so-called quantitative easing program to $65 billion a month at the Oct. 29-30 meeting of the Federal Open Market Committee, from the current level of $85 billion, according to the median estimate of economists in a Bloomberg survey.

The Australian and New Zealand dollars dropped after Chinese imports fell, dimming the demand outlook for the South Pacific nations' exports. Shipments into China fell 0.3 percent in May from a year earlier, down from a 16.8 percent expansion in April, National Bureau of Statistics data showed on June 8.

EUR / USD: during the Asian session the pair was trading around $1.3190/30

GBP / USD: during the Asian session the pair traded in the range of $1.5520/60

USD / JPY: during the Asian session the pair traded in a range Y97.70/50

There is a fairly modest calendar on Monday with limited releases on both sides of the Atlantic, as the main economi releases are due later in the week. The calendar gets underway at 0630GMT, with the release of the Bank of France April business survey expected at 0630GMT. At 0645GMT, the April industrial output data is set for release. The Italian industrial output numbers are due for release at 0800GMT. More Italian data is expected at 0900GMT, with the firt quarter GDP numbers set to cross the wires. At 1000GMT, the OECD leading indicators will be released. At 1900GMT, at the same Montreal conference, ECB Governing Council members Luis Linde, Carlos da Silva Costa and SNB board member Jean-Pierre Danthine will speak.

00:00 China Bank holiday

05:00 Japan Consumer Confidence May 44.5 44.8

05:45 Switzerland Unemployment Rate May 3.1% 3.2%

06:00 Japan Eco Watchers Survey: Current March 56.5 56.3

06:00 Japan Eco Watchers Survey: Outlook May 57.8 57.1

06:45 France Industrial Production, m/m April -0.9% +0.2%

06:45 France Industrial Production, y/y April -2.5% -4.0%

07:00 Eurozone ECB's Jens Weidmann Speaks

07:15 Switzerland Retail Sales Y/Y April -0.9% +2.5%

12:15 Canada Housing Starts May 175 179

13:50 U.S. FOMC Member James Bullard Speaks

19:00 Switzerland Gov Board Member Danthine Speaks

23:01 United Kingdom RICS House Price Balance May 1% 2%

23:50 Japan BSI Manufacturing Index Quarter II -4.6 -2.1