(raw materials / closing price /% change)
Gold $1,372.9 -6.70 -0.49%
ICE Brent Crude Oil $106.24 -2.33 -2.15%
NYMEX Crude Oil $98.04 -1.09 -1.10%
(index / closing price / change items /% change)
Nikkei 14,277.67 -49.99 -0.35%
Hang Seng 21,473.95 -65.54 -0.30%
Shanghai Composite 2,023.67 +19.33 +0.96%
S&P 500 1,858.83 +17.70 +0.96%
NASDAQ 4,279.95 +34.55 +0.81%
Dow 16,247.22 +181.55 +1.13%
FTSE 6,568.35 +40.46 +0.62%
CAC 4,271.96 +55.59 +1.32%
DAX 9,180.89 +124.48 +1.37%
(pare/closed(GMT +2)/change, %)
EUR/USD $1,3947 +0,25%
GBP/USD $1,6632 -0,09%
USD/CHF Chf0,8733+0,13%
USD/JPY Y101,79 +0,43%
EUR/JPY Y141,71 +0,49%
GBP/JPY Y169,30 +0,36%
AUD/USD $0,9085 +0,61%
NZD/USD $0,8565 +0,39%
USD/CAD C$1,1058 -0,42%
(time / country / index / period / previous value / forecast)
00:30 Australia RBA Meeting's Minutes
01:30 China Property Prices, y/y February +9.6%
06:45 Switzerland SECO Economic Forecasts Quarter II
10:00 Eurozone ZEW Economic Sentiment March 68.5 67.3
10:00 Eurozone Trade Balance s.a. January 13.7 13.9
10:00 Germany ZEW Survey - Economic Sentiment March 55.7 52.8
12:30 Canada Manufacturing Shipments (MoM) January -0.9% +1.1%
12:30 U.S. Building Permits, mln February 937 960
12:30 U.S. Housing Starts, mln February 880 910
12:30 U.S. CPI, m/m February +0.1% +0.1%
12:30 U.S. CPI, Y/Y February +1.6% +1.2%
12:30 U.S. CPI excluding food and energy, m/m February +0.1% +0.1%
12:30 U.S. CPI excluding food and energy, Y/Y February +1.6% +1.6%
15:55 Canada BOC Gov Stephen Poloz Speaks
17:45 United Kingdom BOE Gov Mark Carney Speaks
20:30 U.S. API Crude Oil Inventories March +2.6
21:45 New Zealand Current Account Quarter IV -4.78 -1.44
23:30 Australia Leading Index February -0.2%
23:50 Japan Adjusted Merchandise Trade Balance, bln February -1818.8 -893.6
The euro edged higher against the U.S. dollar on a background of mixed American makrostatistiki . The survey revealed that the Fed - New York manufacturing index in the region rose slightly in March compared to the previous month . According to the data , the production index in March rose to 5.6 against 4.48 in February. Note that January's value has not been revised . Economists expected the index to rise to the level of 6.6 points.
U.S. industrial production volume increased markedly in February , exceeding forecasts with experts and fully compensate for the decline recorded in the previous month . This was reported by the Federal Reserve in its latest report . According to the data , seasonally adjusted industrial production increased by 0.6 % in February compared with the decline of 0.2% in the previous month ( revised from -0.3 %). Capacity utilization rate , meanwhile, rose by 0.3 percentage points - to 78.8% . Economists forecast that industrial production increased by 0.2%, while capacity utilization was 78.7 %.
The data , which were presented by the National Association of Home Builders showed that in the current month, U.S. builders continued to exercise caution in relation to the housing market , suggesting that problems with the restoration were associated not only with severe weather conditions . According to the report , the seasonally adjusted March housing market index rose by only 1 point , reaching 47 points . Values below 50 indicates that more builders assessed conditions as poor than good . Slight increase occurred after the fall of 10 points in February - the largest monthly decline in the history of this research . Many economists predicted that in March the index to rise to 50 points. Builders reported that the complexity of the work have been associated not only with the bad weather and problems and to give labor and land .
Earlier pressure on the euro had data that showed that inflation slowed in February to 0.7 % per annum after an increase of 0.8 % in January. This was stated in the final data of the Statistical Office . Analysts do not expect the revision of growth from previously reported 0.8%. Prices excluding the cost of fuel and food in the euro zone rose in February compared to February 2013 to 1 %, as predicted by experts . We also add that on a monthly basis , consumer prices in February rose 0.3 %, compared with a decline of 1.1% a month earlier. Inflation in the 28 countries of the EU in annual terms slowed to 0.8% after 0.9 % in January.
The yen has fallen markedly against the U.S. dollar , which was associated with Kuroda statement on the possible extension of the leniency program . According to him, the Bank of Japan should be prepared to apply the barter easing monetary policy in case of any hint of problems in achieving the inflation target due to the economic downturn. He also noted that consideration of further measures will be made at an early stage - depending on how the economy will react by increasing the tax rate on consumption.
CB Head Kuroda said with confidence : increased sales tax in April will not have a significant negative impact on the economy. He explained : record level measures easing monetary policy , begun in April 2013 , has been applied with the assumption that the consumption tax rate should eventually reach 10% . Kuroda said hardly consumption will be significantly reduced .
European stocks advanced, following their biggest weekly drop since January, as companies from RWE AG to Vodafone Group Plc rose amid renewed merger-and-acquisition activity.
The Stoxx Europe 600 Index added 1.1 percent to 325.83 at the close of trading. The benchmark fell 3.3 percent last week as investors awaited Crimea’s March 16 referendum on whether to leave Ukraine and join Russia.
In Crimea, 96.8 percent of voters opted to secede from Ukraine in yesterday’s poll, according to the head of the election commission. The European Union issued a statement saying “the referendum is illegal and illegitimate and its outcome will not be recognized.”
EU foreign ministers agreed to impose travel bans on 21 Russians, Crimeans and former Ukrainian officials, following a meeting in Brussels today. The ministers also froze the group’s assets. The U.S. leveled sanctions on seven Russians, including aides or advisers to President Vladimir Putin. The leaders of the 28-nation EU will discuss further measures when they meet later this week.
In the U.S., a gauge of manufacturing in the New York area rose less than forecast, climbing to 5.61 in March from 4.48 in February. Analysts surveyed by Bloomberg had predicted a reading of 6.50. The Federal Reserve’s gauge of industrial production rose 0.6 percent in February, following a revised 0.2 percent decline in January. Economists had forecast output would climb 0.2 percent.
National benchmark indexes advanced in every western-European market except Iceland today. France’s CAC 40 added 1.3 percent and Germany’s DAX climbed 1.4 percent. The U.K.’s FTSE 100 increased 0.6 percent.
RWE rose 1.3 percent to 28.84 euros after agreeing to sell its Dea oil-and-gas business to L1 Energy, the investment vehicle of Russia’s fourth-richest man Mikhail Fridman. Earlier this month, RWE posted its first full-year loss since the foundation of the Federal Republic of Germany in 1949.
Vodafone climbed 1.7 percent to 226 pence after saying it will spend 7.2 billion euros on Ono. The acquisition gives the telecommunications operator 1.9 million cable customers in Spain. It will generate about 2 billion euros of savings and 1 billion euros of revenue synergies, according to a statement.
Allianz added 2 percent to 122.90 euros. Europe’s biggest insurer agreed to spend 440 million euros buying assets from Unipol. They include a portfolio with 1.1 billion euros of premiums, 729 agencies and 500 employees.
Linde AG lost 2.6 percent to 139.90 euros after reporting profit that missed analysts’ estimates. The producer of industrial gases posted fourth-quarter earnings before interest, taxes, depreciation and amortization of 970 million euros, less than the average analyst estimate of 992.3 million euros in a Bloomberg survey.
West Texas
Intermediate and Brent crudes declined on speculation that Crimea’s vote to
leave
WTI fell as
much as 0.8 percent, while Brent tumbled 1.1 percent. The
“We’re not
anticipating sanctions on
West Texas
Intermediate for April delivery dropped 33 cents, or 0.3 percent, to $98.56 a
barrel at 10:44 a.m. on the New York Mercantile Exchange. The volume of all
futures traded was 4.4 percent above the 100-day average.
Brent for
May settlement fell 95 cents, or 0.9 percent, to $107.26 a barrel on the
London-based ICE Futures Europe exchange. Trading volume was 48 percent lower
than the 100-day average. The April contract expired on March 14. Brent traded
at a $9.14 premium to May WTI contract.
Gold prices updated annual maximum and retreated during volatile trading . In the markets continues to grow the demand for safe assets , which is the gold, in the light of the ongoing conflict in the Crimea. But at the same time react ambiguously markets mixed U.S. statistics .
Following the meeting on Monday, the foreign ministers of the EU member countries in a joint statement condemned the referendum in the Crimea on the accession of Russia and confirmed that the introduced visa restrictions and freeze accounts of those responsible " for the sovereignty and independence of Ukraine ."
"The Council of the European Union strongly condemns the unlawful conduct of the referendum in the Crimea on the accession of the Russian Federation , which was a clear violation of Ukrainian Constitution . EU does not recognize the illegal referendum and its outcome ," - said in a statement issued after Monday held a meeting in Brussels of foreign ministers EU .
The document notes that the Council of the EU decided to introduce additional measures , including travel restrictions and the freezing of assets of persons responsible for actions that undermine or threaten the territorial integrity , sovereignty and independence of Ukraine , including the actions of the future status of any territory that contradict Ukrainian Constitution and related individuals and organizations.
With regard to U.S. statistics , the data that were presented by the National Association of Home Builders showed that in the current month, U.S. builders continued to exercise caution in relation to the housing market , suggesting that problems with restoring not only were associated with severe weather conditions. According to the report , the seasonally adjusted March housing market index rose by only 1 point , reaching 47 points . Values below 50 indicates that more builders assessed conditions as poor than good . Slight increase occurred after the fall of 10 points in February - the largest monthly decline in the history of this research . Many economists predicted that in March the index to rise to 50 points. Builders reported that the complexity of the work have been associated not only with the bad weather and problems and to give labor and land .
On the other hand, the volume of U.S. industrial production increased markedly in February , exceeding forecasts of experts at this , and fully compensate for the decline recorded in the previous month . This was reported by the Federal Reserve in its latest report . According to the data , seasonally adjusted industrial production increased by 0.6 % in February compared with the decline of 0.2% in the previous month ( revised from -0.3 %). Capacity utilization rate , meanwhile, rose by 0.3 percentage points - to 78.8% . Economists forecast that industrial production increased by 0.2%, while capacity utilization was 78.7 %.
The cost of the April gold futures on the COMEX today rose to $ 1392.60 per ounce, and then dropped to $ 1375.00 per ounce.
USD/JPY Y101.30, Y101.40, Y102.35, Y102.50, Y102.95, Y103.05, Y104.40
EUR/USD $1.3780, $1.3975, $1.4000
AUD/USD $0.8910, $0.9000, $0.9035/40, $0.9125, $0.9170, $0.9180, $0.9190
EUR/GBP stg0.8315, stg0.8400
USD/CAD Cad1.1000, Cad1.1080, Cad1.1100, Cad1.1175
GBP/USD $1.1.6700
EUR/CHF Chf1.2050, Chf1.2150, Chf1.2215, Chf1.2350
NZD/USD NZ$0.8500
U.S. stock futures rose as investors weighed developments in Ukraine and economic data before the Federal Reserve meets to determine the pace of stimulus.
Global markets:
Nikkei 14,277.67 -49.99 -0.35%
Hang Seng 21,473.95 -65.54 -0.30%
Shanghai Composite 2,023.67 +19.33 +0.96%
FTSE 6,558.67 +30.78 +0.47%
CAC 4,253.48 +37.11 +0.88%
DAX 9,127.96 +71.55 +0.79%
Crude oil $98.47 (-0.42%)
Gold $1379.00 (+0.00%).
Data
00:01 United Kingdom Rightmove House Price Index (MoM) March +3.3% +1.6%
00:01 United Kingdom Rightmove House Price Index (YoY) March +6.9% +6.8%
00:30 Australia New Motor Vehicle Sales (MoM) February -3.5% +0.1%
00:30 Australia New Motor Vehicle Sales (YoY) February -3.0% -3.5%
09:30 United Kingdom BOE Deputy Governor for Financial Stability Jon Cunliffe speaks
10:00 Eurozone Harmonized CPI February -1.1% +0.4% +0.3%
10:00 Eurozone Harmonized CPI, Y/Y (Finally) February +0.8% +0.8% +0.7%
10:00 Eurozone Harmonized CPI ex EFAT, Y/Y February +0.8% +1.0%
11:00 Germany Bundesbank Monthly Report March
Euro traded with little change against the dollar, which was associated with the release of weak data for the euro area and the United States . Traders ignored until the outcome of yesterday's referendum in the Crimea , as they were predictable . Now market participants' attention focused on the U.S. data , namely industrial production , which will soon be presented .
As for the report on the euro area , it showed that the growth of inflation in February slowed to 0.7% per annum after an increase of 0.8 % in January. This was stated in the final data of the Statistical Office . Analysts do not expect the revision of growth from previously reported 0.8%. Prices excluding the cost of fuel and food in the euro zone rose in February compared to February 2013 to 1 %, as predicted by experts . We also add that on a monthly basis , consumer prices in February rose 0.3 %, compared with a decline of 1.1% a month earlier.
Inflation in the 28 countries of the EU in annual terms slowed to 0.8% after 0.9 % in January. From the previous month , consumer prices rose by 0.3%. In February annualized deflation observed in Bulgaria ( -2.1 % ), Cyprus (-1.3 %) , Greece (-0.9 % ), Croatia ( -0.2 %) , Portugal and Slovakia ( -0.1 %). The highest growth rate of consumer prices recorded in Malta and Finland ( 1.6% ) and Austria ( 1.5%). Recall . that the ECB's target level is less than 2 %. In early November last year at a similar level, the ECB cut its inflation rate to a record low of 0.25 % to 0.5%.
Meanwhile, U.S. data showed that the index of activity in the manufacturing sector of the Federal Reserve Bank of New York rose to 5.6 to 4.48 , which was below the forecast of 6.6.
The yen has fallen markedly against the U.S. dollar , which was associated with Kuroda statement on the possible extension of the leniency program . According to him, the Bank of Japan should be prepared to apply the barter easing monetary policy in case of any hint of problems in achieving the inflation target due to the economic downturn. He also noted that consideration of further measures will be made at an early stage - depending on how the economy will react by increasing the tax rate on consumption.
CB Head Kuroda said with confidence : increased sales tax in April will not have a significant negative impact on the economy. He explained : record level measures easing monetary policy , begun in April 2013 , has been applied with the assumption that the consumption tax rate should eventually reach 10% . Kuroda said hardly consumption will be significantly reduced .
Australian dollar strengthened against the U.S. currency , despite the increased geopolitical risks associated with the Crimea , who last weekend called for the annexation to Russia . More than 95 % of Crimeans voted to become part of the Russian Federation , according to preliminary results of the referendum , which raises the likelihood of acute confrontation between East and West.
U.S. and European Union quickly denounced the referendum , calling it illegal. U.S. President Barack Obama , in a telephone conversation with Russian President Vladimir Putin , said the vote was held " under duress and threat of Russian military intervention " and will not be acknowledged . The focus will now be on the sanctions against Russia from the West, and how Russia it responds to .
Traders said the strong Australian currency exchange rate was partly the result of rising expectations that the central bank will raise interest rates at its next meeting .
EUR / USD: during the European session, the pair fell to $ 1.3877 , but then recovered to $ 1.3910
GBP / USD: during the European session, the pair fell to $ 1.6603
USD / JPY: during the European session, the pair rose to Y101.83
At 13:15 GMT the U.S. will release capacity utilization for February and announce the change of volume of industrial production for February. At 14:00 GMT the United States will present housing market index from the NAHB for March.
EUR/USD
Offers $1.4000, $1.3967/75, $1.3920/25
Bids $1.3820-30, $1.3770/60, $1.3710/00
GBP/USD
Offers $1.6720/25, $1.6665/70, $1.6640/50
Bids $1.6595/90, $1.6555/50, $1.6510/00
AUD/USD
Offers $0.9150, $0.9130, $0.9100
Bids $0.9000/10, $0.8950, $0.8910/00
EUR/JPY
Offers Y142.90/00, Y142.50, Y141.90/00
Bids Y140.55/50, Y140.00, Y139.50
USD/JPY
Offers Y103.00, Y102.50/55, Y102.00
Bids Y101.50, Y101.20, Y101.00, Y100.50
EUR/GBP
Offers stg0.8415/20, stg0.8390/405, stg0.8380
Bids stg0.8330/35, stg0.8320/15, stg0.8280/75
European stocks rose moderately after their biggest weekly drop since January on positive news on the corporate front , and contrary to the global trend to reduce markets due to concerns about the situation in Ukraine .
In Crimea , a total of 95.5 percent of voters opted for separation from Ukraine in yesterday's poll , according to preliminary results . Ukrainian authorities , the U.S. and several EU countries said they did not believe the Crimean referendum legitimate , while , according to the Russian side, it is consistent with international law .
Today, the foreign ministers of the EU countries are meeting in Brussels , the results of which are expected to be adopted by a number of sanctions against Russian officials. The possibility of introducing other sanctions against Russian leaders will discuss the 28 EU countries at a meeting to be held this week.
U.S. index futures also rose , while Asian shares fell .
The Stoxx Europe 600 Index rose 0.7 percent . Last week, the index fell by 3.3 percent, as investors awaited referendum on Crimea to leave Ukraine and join Russia .
Market participants' attention is also drawn to reports in the U.S. today . At 12:30 GMT , there are data on the index of activity in the manufacturing sector of the New York Fed . According to forecasts , this figure will rise to the level in March of 6.6 points from 4.48 in February.
13:15 GMT release in may show that industrial production increased by 0.2 percent in February after falling 0.3 percent in January .
Cost RWE rose 2.3 percent after it became known that the German energy company agreed in principle to sell its oil and gas business of L1 Energy for 5.1 billion euros.
Societe Generale shares rose 1.2 %, as the French bank announced the sale of its Asian business in the sphere of banking wealthy clients Singapore DBS Bank Ltd. for $ 220 million
Cost of Vodafone Group Plc rose 1.1% on news of buying the British company of the Spanish cable operator Ono SA for 7.2 billion euros.
Price Allianz SE rose 1.6% , as the company announced its readiness to buy a business in the insurance property and casualty UnipolSai SpA for about 440 million euros.
At the current moment
FTSE 100 6,558.32 +30.43 +0.47 %
CAC 40 4,244.35 +27.98 +0.66 %
DAX 9,123.55 +67.14 +0.74%
USD/JPY Y101.30, Y101.40, Y102.35, Y102.50, Y102.95, Y103.05, Y104.40
EUR/USD $1.3780, $1.3975, $1.4000
AUD/USD $0.8910, $0.9000, $0.9035/40, $0.9125, $0.9170, $0.9180, $0.9190
EUR/GBP stg0.8315, stg0.8400
USD/CAD Cad1.1000, Cad1.1080, Cad1.1100, Cad1.1175
GBP/USD $1.1.6700
EUR/CHF Chf1.2050, Chf1.2150, Chf1.2215, Chf1.2350
NZD/USD NZ$0.8500
Asian stocks fell, with the regional gauge extending the biggest weekly loss since 2012, as western nations disputed Crimea’s vote to rejoin Russia.
Nikkei 225 14,277.67 -49.99 -0.35%
S&P/ASX 200 5,317.57 -11.83 -0.22%
Shanghai Composite 2,023.67 +19.33 +0.96%
Aeon Co. sank 4.3 percent in Tokyo after Japan’s biggest retailer posted profit that trailed estimates.
Tencent Holdings Ltd., Asia’s largest Internet company, slid 2.7 percent in Hong Kong after China blocked plans to offer virtual credit cards.
SoftBank Corp., a Japanese phone carrier that owns part of Alibaba Group Holding Ltd., jumped 4.9 percent after China’s biggest e-commerce company kicked off the process for what may be the biggest U.S. initial public offering in two years.
00:01 United Kingdom Rightmove House Price Index (MoM) March +3.3% +1.6%
00:01 United Kingdom Rightmove House Price Index (YoY) March +6.9% +6.8%
00:30 Australia New Motor Vehicle Sales (MoM) February -3.5% +0.1%
00:30 Australia New Motor Vehicle Sales (YoY) February -3.0% -3.5%
The Swiss Franc traded near the strongest since October 2011 as the West prepares to impose sanctions against Russia after a referendum in Crimea, supporting demand for safer assets. European Union foreign ministers will meet in Brussels today to discuss travel bans and asset freezes on some Russian officials as Vladimir Putin’s government prepares to annex the region in Ukraine’s south.
The yen retreated following last week’s steepest advance since January as Royal Bank of Scotland Group Plc said the Bank of Japan may be starting to embark on dovish rhetoric, helping to cap its gains.
The yuan will be able to trade today as much as 2 percent on either side of a daily central bank reference rate, from 1 percent previously, the People’s Bank of China said in a statement on its website on March 15. The move underscores pledges from China’s leaders to make the exchange rate more market based and promote freer movement of capital for investment purposes.Demand for the Aussie increased after Bill Evans, the chief economist Westpac Banking Corp., wrote in research that he no longer expects the Reserve Bank of Australia to cut rates this year, following signs of improvement in employment, consumption and business confidence.
EUR / USD: during the Asian session, the pair traded in the range of $ 1.3900-15
GBP / USD: during the Asian session, the pair traded in the range of $ 1.6625-45
USD / JPY: during the Asian session, the pair rose to Y101.60
It was a relatively dull session for the euro amid ongoing worries about tension in Ukraine.