(raw materials / closing price /% change)

Gold $1,325.6 -15.60 +1.16%

ICE Brent Crude Oil $109.50 -0.01 -0.009%

NYMEX Crude Oil $102.05 -0.41 -0.40%

Nikkei 14,970.97 -80.63 -0.54%

Hang Seng 22,437.44 +120.24 +0.54%

Shanghai Composite 2,041.25 +7.04 +0.35%

S&P 500 1,845.16 +0.04 0.00%

NASDAQ 4,292.06 +4.48 +0.10%

Dow 16,198.41 +18.75 +0.12%

FTSE 6,799.15 -31.35 -0.46%

CAC 4,396.91 -17.64 -0.40%

DAX 9,661.73 -37.62 -0.39%   

(pare/closed(GMT +2)/change, %)

EUR/USD $1,3685 -0,42%

GBP/USD $1,6667 -0,08%

USD/CHF Chf0,8905 +0,43%

USD/JPY Y102,37 +0,14%

EUR/JPY Y139,63 -0,60%

GBP/JPY Y170,61 +0,06%

AUD/USD $0,8966 -0,58%

NZD/USD $0,8312 -0,19%

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

00:30 Australia Private Capital Expenditure Quarter IV +3.6% -1.0%     

00:30 U.S. FOMC Member Pianalto Speaks                 

06:45 Switzerland Gross Domestic Product (QoQ) Quarter IV +0.5% +0.4%     

06:45 Switzerland Gross Domestic Product (YoY) Quarter IV +1.9% +2.0%     

07:45 France Consumer confidence February 86 86     

08:15 Switzerland Employment Level Quarter IV 4.20 4.22     

08:55 Germany Unemployment Change February -28 -10     

08:55 Germany Unemployment Rate s.a. February 6.8% 6.8%     

09:00 Eurozone M3 money supply, adjusted y/y January +1.0%         

10:00 Eurozone Business climate indicator February 0.19 0.24     

10:00 Eurozone Economic sentiment index February 100.9 101.0     

10:00 Eurozone Industrial confidence February -3.9 -4.0     

13:00 Germany CPI, m/m (Preliminary) February -0.6% +0.6%     

13:00 Germany CPI, y/y (Preliminary) February +1.3% +1.3%     

13:30 Canada Current Account, bln Quarter IV -15.5 -16.5     

13:30 U.S. Durable Goods Orders January -4.3% -0.7%     

13:30 U.S. Durable Goods Orders ex Transportation January -1.6% -0.1%     

13:30 U.S. Durable goods orders ex defense January -3.7% -1.2%     

13:30 U.S. Initial Jobless Claims February 336 333     

15:30 U.S. Federal Reserve Chair Janet Yellen Testifies             

18:30 Eurozone ECB President Mario Draghi Speaks                 

18:30 United Kingdom MPC Member Miles Speaks                 

21:45 New Zealand Building Permits, m/m January +7.6% -15.0%     

23:15 Japan Manufacturing PMI February 56.6         

23:30 Japan Unemployment Rate January 3.7% 3.7%     

23:30 Japan Household spending Y/Y January +0.7% +0.5%     

23:30 Japan Tokyo Consumer Price Index, y/y February +0.7% +1.0%     

23:30 Japan Tokyo CPI ex Fresh Food, y/y February +0.7% +0.8%     

23:30 Japan National Consumer Price Index, y/y January +1.6% +1.4%     

23:30 Japan National CPI Ex-Fresh Food, y/y January +1.3% +1.3%     

23:50 Japan Industrial Production (MoM) (Preliminary) January +0.9% +3.1%     

23:50 Japan Industrial Production (YoY) (Preliminary) January +7.1% +8.8%     

23:50 Japan Retail sales, y/y January +2.6% +3.9%

Rate of the euro fell sharply against the U.S. dollar on risk aversion caused by the political crisis . Experts note that the calm, to mark to market the last session disappears , as Ukraine has captured everyone's attention again . Fears that Russia can make forceful intervention against Ukraine , grow , and the EU , meanwhile, argues that he is ready to act if necessary.

Also, the euro's failure was due to the upbeat U.S. data . Note that sales of newly built homes rose in January, which was an unexpected sign of strength after a long period of weakness in the housing sector . Sales of new single-family homes rose 9.6% to a seasonally adjusted annual rate of 468,000 compared with the previous month , reaching the highest level since July 2008. Result December was revised up to 427,000 . Economists had expected home sales in January to fall to an annual rate of 406,000 . Increase last month was due to sales growth in the Northeast , where they rose by 73.7 % to compensate for the decline of the previous month . The South and West was also recorded growth , but new home sales fell in the Midwest.

Meanwhile, experts say that in view of the approaching meeting of the ECB talk about lowering rates again resumed, putting pressure on the euro. Underway speculation that the ECB is ready to act and considering several options , including lowering interest rates on deposits , which is currently zero.

Pound fell moderately against the dollar , as after GDP data release , investors' attention shifted to the publication of a report on potrebdoveriyu Gfk, house prices Nationwide, and the speech of the Central Bank of Carney .

Recall , the British economy grew in line with preliminary estimates for the fourth quarter and for the full growth in 2013 was weaker preliminary calculations. Such data are the Office for National Statistics (ONS ) . Gross domestic product expanded 0.7 percent in the quarter , measured according to a preliminary estimate published on 28 January. Growth rate slowed down slightly from the 0.8 percent increase in the third quarter . In annual terms, the economy grew by 2.7 percent - growth has been revised downwards to 2.8 percent. In general, the 2013 GDP growth was revised down slightly to 1.8 percent from 1.9 percent.

The yen weakened significantly against the U.S. dollar , approaching to yesterday's lows , due to expectations of output data packet in Japan . The market expects that the national consumer price index ( excluding food prices ) will rise by 1.3 % per annum after the same increase in January, and industrial production - by 3.1 % per annum. Also tomorrow, will report on household spending and retail sales for January. It is expected that spending rose by 0.5 percent , while sales increased by 3.9 percent.

Also influenced the course of trading words board member Koji Ishida BOJ . He noted that because of the tax increase in April economic data in the first half can be very confusing and the Bank of Japan should be very careful when evaluating the economy. " In the first place should not hurry with the expansion of incentive programs " - said Ishida .

Comments Ishida , broadly in line with estimates of the Bank of Japan and may reduce the rumors of further stimulation by the Central Bank this year because of doubts about the economy after the increase in the sales tax .

European stocks were little changed near a six-year high, as Credit Suisse Group AG’s decline offset a better-than-forecast report on U.S. home purchases.

The Stoxx Europe 600 Index retreated 0.1 percent to 337.97 at 4:30 p.m. in London, after earlier falling as much as 0.6 percent. The equity gauge has advanced 4.8 percent this month, on course for the largest monthly gain since July. It declined 1.8 percent in January.

In the U.S., purchases of new homes unexpectedly climbed in January to the highest level in more than five years, figures from the Commerce Department showed today in Washington. Sales increased 9.6 percent to a 468,000 annualized pace last month from a revised 427,000 in December. Economists had forecast a decline to 400,000.

National benchmark indexes fell in 12 of the 18 western-European markets today.

FTSE 100 6,799.15 -31.35 -0.46% CAC 40 4,396.91 -17.64 -0.40% DAX 9,661.73 -37.62 -0.39%  

Jeronimo Martins slipped 6.2 percent to 12.20 euros. The Portuguese retailer that gets most of its sales from Poland said net income rose 6 percent to 382 million euros ($524 million) in 2013. That missed the 386.8 million-euro average analyst projection.

Tesco Plc (TSCO) fell 2.6 percent to 326.6 pence as Oriel Securities Ltd. cut its rating on the U.K.’s largest retailer to hold from add. The brokerage said that Tesco failed to announce sufficient changes at yesterday’s investor day to reverse declining same-store sales. Analysts at Deutsche Bank AG and Barclays said Tesco’s promise of permanently cheaper prices will hurt its profitability.

Lanxess AG retreated 2.6 percent to 53.39 euros. The chemicals maker predicted it would report a net loss of 159 million euros for 2013 when it publishes final figures on March 20. The company took a charge of 257 million euros in the fourth quarter of 2013 because it produced more goods than it could sell and raw material and energy costs were high, according to a statement.

AB InBev (ABI) added 3 percent to 76.48 euros. Earnings before interest, taxes, amortization and depreciation, excluding some items, totaled $5.2 billion in the fourth quarter, the brewer of Budweiser beer said today in a statement. That beat the $5 billion median estimate of analysts. So-called organic growth of 13 percent exceeded projections for 10 percent.

Swiss Life Holding AG (SLHN) climbed 6 percent to 214.70 francs. The country’s largest life insurer raised its payout by 22 percent to 5.50 francs a share. Net income of 781 million francs ($878 million) for 2013 also exceeded analysts’ estimates as premium income rose and costs declined.

Prices for WTI crude oil continued to rise , reducing the gap with oil Brent, which cost also increased. Influenced the course of trading post by the Energy Information Administration that oil at Cushing fell last week .

Prices rose 1 percent, after it became known that the oil terminal at Cushing fell by 1.08 million barrels for the week ended February 21.

Also, the Department of Energy data on changes in stocks in the week February 17-22, showed :

- Oil reserves rose by 0.068 million barrels to 362.393 million barrels ;

- Gasoline inventories decreased by 2,807 million barrels . to 230.6 million barrels . ;

- Distillate stocks rose by 0.338 million barrels . to 113.062 million barrels .

- Refining capacity utilization rate of 88.0 % against 86.8 % a week earlier .

Recall that yesterday its reserves data provided the Institute of Oil API. They showed :

- Capacity utilization in the week 87.3 % vs. 86.8%

- Distillate stocks last week -0.693 million barrels

- Gasoline inventories last week -0.314 million barrels

- Oil reserves for the week 0.822 million barrels

Also, add that to the new forecast U.S. Energy Information Administration (EIA), oil production in Syria is unlikely to recover in the near future , as the country continued clashes between government troops and opposition forces . In its report on Syria EIA noted that the country's oil production has fallen sharply since March 2011 due to the conflict and the subsequent introduction of Western sanctions , which resulted in a significant portion of lost revenues from oil exports.

Some market participants continue to act out a report published yesterday by the European Commission , which improved growth estimate for euro area real GDP growth for the current year to 1.2 % from 1.1% in the autumn forecast and assessment in 2015 - to 1.8 % from 1.7% . The European Commission has also improved the outlook for economic growth in the United States for the current year to 2.9 % from 2.6% , in 2015 - to 3.2% from 3.1% . At the same time, the outlook for the global economy worsened : European Commission now expects growth of 3.6% and 3.9 % in 2014 and 2015 respectively , while in November predicted growth of 3.95% and 4.35 %.

April futures price for U.S. light crude oil WTI (Light Sweet Crude Oil) rose to $ 102.77 per barrel on the New York Mercantile Exchange (NYMEX).

April futures price for North Sea Brent crude oil mixture rose 14 cents to $ 109.76 a barrel on the London exchange ICE Futures Europe.

Gold prices fell sharply , while retreating from a four-month high reached yesterday as the dollar strengthened . Nevertheless , the price of gold continues to be supported by China's economic policy uncertainty and concern about the U.S. economic recovery in the short term .

On the dynamics of trading also affected U.S. data , which showed that sales of newly built homes rose in January, which was an unexpected sign of strength after a long period of weakness in the housing sector . Sales of new single-family homes rose 9.6% to a seasonally adjusted annual rate of 468,000 compared with the previous month , reaching the highest level since July 2008. Result December was revised up to 427,000 . Economists had expected home sales in January to fall to an annual rate of 406,000 .

Increase last month was due to sales growth in the Northeast , where they rose by 73.7 % to compensate for the decline of the previous month . The South and West was also recorded growth , but new home sales fell in the Midwest. January data came after several months of recession, which many economists associated with cold weather. Snow storms and lower temperatures lead to the closure of construction sites and prevent viewed buyers.

Meanwhile, adding that market participants remained cautious ahead of the release semi-annual report on monetary policy Fed chairman Janet Yellen . It is expected that it will be able to clarify the situation with the recent surge of weak U.S. economic data and their impact on future policy .

The presented data also showed that the world's largest reserves of gold exchange-traded fund secured ETF SPDR Gold Trust on Tuesday rose 0.26 per cent - to the level of 803.70 tons.

Add that net exports of gold from Hong Kong to China fell 5.4 percent to 89.745 tons in January from 94.847 tons in December , reflecting the decline in demand from the record level of 2013.

The cost of the April gold futures on the COMEX today rose to $ 1324.10 per ounce.

U.S. stock futures were little changed as investors awaited a report on new-home sales.

Global markets:

Nikkei 14,970.97 -80.63 -0.54%

Hang Seng 22,437.44 +120.24 +0.54%

Shanghai Composite 2,041.25 +7.04 +0.35%

FTSE 6,798.69 -31.81 -0.47%

CAC 4,391.11 -23.44 -0.53%

DAX 9,650.1 -49.25 -0.51%

Crude oil $102.19 (+0.35%)

Gold $1334.20 (-0.63%).

07:00 Germany Gfk Consumer Confidence Survey March 8.3 Revised From 8.2 8.3 8.5

07:00 Switzerland UBS Consumption Indicator January 1.81 1.44

09:25 United Kingdom MPC Member Dr Ben Broadbent Speaks

09:30 United Kingdom Business Investment, q/q Quarter IV +2.0% +2.6% +2.4%

09:30 United Kingdom GDP, q/q (Revised) Quarter IV +0.7% +0.7% +0.7%

09:30 United Kingdom GDP, y/y (Revised) Quarter IV +2.8% +2.8% +2.7%

Euro fell against the dollar retreated from highs reached on data potrebdoveriyu in Germany. According to a survey by GfK consumer confidence index in Germany reflected the improvement in March. Consumer confidence index rose to 8.5 points from 8.3 points in February. The index is projected to grow only had 8.3 points from February's initial value of 8.2.

After five successive increases in economic expectations recorded a moderate decline of 3.4 points to 31.9 in February. In contrast to economic expectations , income expectations continued to rise in February to 48.6 from 46.2 . They once again improved slightly from a 13-year high reached in the previous month .

Willingness to buy remained at a high level, and only slightly decreased to 48.9 from 50.0 in January. Propensity to save has not registered any significant changes . Research group GfK predicted real growth of total private consumption by 1.5 percent in 2014.

Later, the pair EUR / USD down at the end of the European session , a fresh daily low. However , the pair remains within the range this week , unable to determine the direction of movement. "The lack of economic data , interest and momentum - that's the motto under which were the last days in the currency markets - analysts TD Securities. - EUR / USD stuck at around 1.37 , and intraday ranges are getting smaller and smaller. EUR looks quite " happy ", in our opinion, and despite the fact that the price is not too eager to test the peaks of the recent range , at the moment there is no obvious catalysts its downward movement . "

The British pound rose moderately against the U.S. dollar after the release of the revised GDP data . The UK economy grew in line with preliminary estimates for the fourth quarter and for the full growth in 2013 was weaker preliminary calculations. Such data are the Office for National Statistics (ONS ) .

Gross domestic product expanded 0.7 percent in the quarterly measurement , according to a preliminary estimate published on 28 January. Growth rate slowed down slightly from the 0.8 percent increase in the third quarter . In annual terms, the economy grew by 2.7 percent - growth has been revised downwards to 2.8 percent. In general, the 2013 GDP growth was revised down slightly to 1.8 percent from 1.9 percent.

With regard to production , mining , including oil and gas production fell by 1.9 percent in the fourth quarter . Total production gained 0.5 percent, compared with a preliminary estimate of 0.7 percent. Construction volumes rose 0.2 percent instead of 0.3 percent fall estimated initially.

Increase in the dominant services sector confirmed at 0.8 percent. Meanwhile , production in agriculture , forestry and fishing fell by a revised 0.1 percent.

Another report from the ONS showed that production in the services sector grew by 3.2 percent in December compared with the previous year . Compared with November services index rose 0.2 percent .

According to preliminary results of the ONS , only gross fixed capital formation increased by £ 1.3 billion or 2.4 percent in the fourth quarter compared with the previous quarter .

At the same time , business investment grew by an estimated 0.8 billion pounds or 2.4 percent compared to the previous quarter and were 8.5 percent higher compared to the fourth quarter of 2012 .

EUR / USD: during the European session, the pair rose to $ 1.3745 , and then fell to $ 1.3716

GBP / USD: during the European session, the pair rose to $ 1.6701

USD / JPY: during the European session, the pair rose to Y102.40

At 15:00 GMT the United States will sales in the primary market in January . At 21:45 GMT New Zealand will release the trade balance (for 12 months , from the beginning of the year ) and the trade balance for January.

European stocks declined from a six-year high as investors weighed earnings and awaited a U.S. report on new-home sales. U.S. stock-index futures rose, while Asian shares were little changed.

U.S. data at 10 a.m. in Washington will probably show sales of new homes declined for a third consecutive month in January following the best year for demand since 2008. Purchases decreased 3.4 percent to a 400,000 annualized pace, according to the median economist projections compiled by Bloomberg before the Commerce Department releases the figures.

In the U.K., data today will probably confirm that the economy expanded 0.7 percent in the final three months of 2013, capping the best year for growth since 2007. The Office for National Statistics publishes its second estimate for gross domestic product at 9:30 a.m. in London.

Jeronimo Martins slipped 5.5 percent to 12.30 euros after the Portuguese retailer said net income rose 6 percent to 382 million euros ($525 million) in 2013. That missed the 386.8 million-euro average analyst projection compiled by Bloomberg.

AB InBev added 0.8 percent to 74.87 euros. Earnings before interest, taxes, amortization and depreciation, excluding some items, totaled $5.2 billion in the fourth quarter, the brewer of Budweiser, Stella Artois and Brahma beer said today in a statement. That compared with the $5 billion median estimate of 11 analysts surveyed by Bloomberg. So-called organic growth of 13 percent exceeded projections for 10 percent.

Airbus Group NV rose 2.7 percent to 54.55 euros after saying earnings before interest, taxes, and one-off items jumped 21 percent to 3.6 billion euros last year, beating its own forecast for 3.5 billion euros. The company also predicted earnings would grow in 2014.

FTSE 100 6,808.83 -21.67 -0.32%

CAC 40 4,400.48 -14.07 -0.32%

DAX 9,680.04 -19.31 -0.20%

USD/JPY Y101.50, Y101.75, Y102.00, Y102.25, Y102.35-40-50-55, Y103.00, Y103.20-35

EUR/USD $1.3650, $1.3660, $1.3675, $1.3690, $1.3750, $1.3765, $1.3800, $1.3825-35

GBP/USD $1.6600, $1.6650, $1.6700, $1.6785, $1.6800, $1.6830-50, $1.6905

EUR/GBP stg0.8150, stg0.8200, stg0.8235, stg0.8250, stg0.8300

USD/CHF Chf0.8955

AUD/USD $0.8900, $0.8935, $0.8950-55-65, $0.9000, $0.9050, $0.9100, $0.9120

AUD/JPY Y93.50

NZD/USD $0.8250

USD/CAD C$1.0970, C$1.1025, C$1.1075, C$1.1080, C$1.1100, C$1.1140, C$1.1170, C$1.1200

Asian stocks swung between gains and losses as energy shares advanced, countering declines by raw-material companies.

Nikkei 225 14,970.97 -80.63 -0.54%

S&P/ASX 200 5,436.99 +3.15 +0.06%

Shanghai Composite 2,041.25 +7.04 +0.35%

BHP Billiton Ltd. fell 1.3 percent as mining shares posted the largest fall among the 10 industry groups on the regional index.

Panasonic Corp., which is pivoting away from consumer electronics, jumped 5.3 percent in Tokyo on a report it’s in talks with Tesla Motors Inc. to build a plant in the U.S. to produce batteries for electric cars.

WorleyParsons Ltd., a service provider to the energy industry, surged 11 percent in Sydney after affirming its 2014 profit forecast.

00:30 Australia Construction Work Done Quarter IV +3.0% Revised From +2.7% +0.4% -1.0%

Australia’s dollar slid against its major peers after iron-ore prices touched a seven-month low while the yuan was near the weakest since July as the People’s Bank of China brought down its reference rate. Iron ore prices for Chinese imports declined for a fifth day to $119.10 a metric ton yesterday, the lowest since July 1, according to data from The Steel Index Ltd. Australia’s statistics bureau said today construction work done in the nation in the fourth quarter fell 1 percent, compared with economist forecasts for a 0.2 percent increase.

A gauge of trader expectations of future currency swings dropped to the lowest in more than a year before Federal Reserve Chair Janet Yellen speaks tomorrow, with investors looking for the central bank’s view on the economic impact of winter weather. Yellen said this month that the economy has strengthened enough to withstand cuts to monetary stimulus, adding that only a notable change to the outlook would prompt the central bank to slow the pace of tapering its bond purchases.

Bookings for durable goods meant to last at least three years are estimated to have decreased for a second straight month in January, a separate Bloomberg survey shows ahead of a Commerce Department report due tomorrow.

EUR / USD: during the Asian session, the pair traded in the range of $1.3735-45

GBP / USD: during the Asian session, the pair traded in the range of $1.6670-90

USD / JPY: during the Asian session, the pair rose to Y102.40

The European calendar gets underway at 0710GMT, with the release of the German March GfK consumer confidence data. Back on the Continent, at 1300GMT, ECB Executive Board member Yves Mersch is scheduled to give a keynote speech at the Luxembourg Renminbi Forum, in Luxembourg. Further European data is set for release at 1600GMT, when the French January registered job seekers data will hit the screens. Across the Atlantic, the US calendar gets underway at 1200GMT, with the release of the MBA Mortgage Index for the Feb 21 week. At 1500GMT, the US January New Home Sales data will cross the wires. The EIA Crude Oil Stocks for the Feb 22 week will be published at 1530GMT. Late appearances from Fed speakers will see Boston Federal Reserve Bank President Eric Rosengren deliver a speech on the economic outlook, in Boston. Just after midnight UK time, Cleveland Federal Reserve Bank President Sandra Pianalto delivers a speech on the history of the Fed, in Wooster, Ohio.