The euro rose against the U.S. dollar , offsetting losses incurred earlier . Pressure on the dollar was potrebdoveriyu data in the United States . Recent data from the Conference Board showed that consumer confidence index , which fell sharply in October , continued its deterioration and in November. Index currently is 70.4 points ( 1985 = 100 ) as compared with 72.4 point in October. Note that the current situation index fell to 72.0 from 72.6 , while the expectations index fell to 69.3 from 72.2 .

Earlier, the U.S. dollar was supported by data on the U.S. housing market . Housing prices in 20 metropolitan areas in the U.S. for the 12 months ending in September increased the most since February 2006 , signaling the improvement in the glimpses of the housing market , the number of building permits in October rose more than expected - at 6, 2%. It should be noted that the output data began construction was postponed to December 18 due to the fact that the 16-day simple government agencies prevented timely collect statistics .

Note that in the course of trade also affected by the representative of the ECB Benoit Kere , who noted that the Governing Council discussed the likelihood of negative interest rates on deposits , so this option is not excluded. " We have made clear that this option was discussed , so that the ECB is ready to do it ," said Ker , adding that this is just another one of the tools of the Central Bank . ECB assured that he is not afraid of deflation in the euro area since the restoration of growth and expects a gradual increase in inflation to the target level of 2%.

Previously pound weakened against the dollar after the statements of representatives of the Bank of England . Bank of England Carney , who spoke today at the Ministry of Finance , reiterated that the decline rates b / d to 7% will not trigger an automatic increase rate securities .

He noted that "the policy prozrachnoti " this is just politics clarify the conditions under which markets the Bank of England will begin to consider the option of raising rates , which gives the players , companies and households more certainty .

" We are not going to undermine the economic recovery , tightening ahead of time ," adding that it is very difficult to predict how the situation will develop with unemployment.

Nevertheless , the head of the Central Bank welcomed the recent recovery in the labor market in Britain, which , in his opinion , is a sign that the economy is gaining momentum. However, he stressed that the drawdown of the British economy should not be underestimated , as well as downside risks to the outlook for the eurozone economy , which could damage Britain.

Another topic that was discussed at the hearing , it is a request of the Ministry of Finance to the Bank of England to rethink leverage ratio for British banks. Carney found it necessary to maintain the financial sector in Britain and said that the new rules should be introduced for 9 months.

European stocks dropped, erasing a two-day gain, as Remy Cointreau SA and Pernod Ricard SA dragged food-and-beverage companies lower.

In the U.S., the S&P Case-Shiller index of property prices in 20 cities rose 13.3 percent in September, more than the 13 percent forecast by economists surveyed by Bloomberg. The gauge of house values increased 12.8 percent in August.

A separate report showed that confidence among U.S. consumers unexpectedly declined this month. The Conference Board’s index fell to 70.4 in November from a revised 72.4 in October, the New York-based private research group said. The median forecast in a survey of economists had called for a reading of 72.6.

National benchmark indexes declined in every western-European market except Spain and Iceland. The U.K.’s FTSE 100 retreated 0.9 percent and France’s CAC 40 dropped 0.6 percent. Germany’s DAX decreased 0.1 percent.

Remy slumped 8.3 percent to 66 euros after Chief Executive Officer Frederic Pflanz said on a conference call that profit may fall 20 percent. The maker of Remy Martin cognac forecast in a statement that operating profit will drop in its financial year through March, with trading worsening in the next six months, because of lower sales in China. The company said that its distribution network in the world’s second-largest economy had high levels of inventory.

Pernod Ricard and Diageo Plc, Remy’s larger rivals, retreated 2.6 percent to 84.33 euros and 1.6 percent to 1,968 pence, respectively.

Banca Monte dei Paschi di Siena SpA slid 5.9 percent to 18.4 euro cents after its board decided to increase a rights offer to 3 billion euros ($4.1 billion). The bank had planned to raise 2.5 billion euros through the share sale, which it intends to complete by the end of of the first quarter of 2014.

Hugo Boss AG slipped 2.1 percent to 97 euros after the German luxury-clothing maker controlled by buyout firm Permira Advisers LLP predicted that it will miss a 2015 target to achieve a 25 percent ">Repsol climbed 4.3 percent to 19.24 euros after ministers made a new offer to compensate the oil producer for the 51 percent stake in YPF seized by Argentina in April 2012. The Spanish oil company in June rejected an offer of assets valued by Argentina at $3.5 billion plus a further $1.5 billion to develop the project, according to a regulatory filing. Repsol’s board will consider the proposal tomorrow.

West Texas Intermediate fluctuated amid forecasts that a report tomorrow will show that U.S. crude supplies gained for a 10th week while stockpiles of distillate fuel, a category that includes heating oil and diesel, dropped.

Futures traded in a 86-cent range. The Energy Information Administration will probably say crude inventories rose 750,000 barrels last week, according to the median of nine responses in a Bloomberg survey. Stockpiles of distillate fuel fell to a five-year low, the survey showed. Prices slipped yesterday after Iran and world powers reached an interim agreement on Nov. 24 to restrict the country’s nuclear program.

WTI crude for January delivery slipped 5 cents to $94.04 a barrel at 10:59 a.m. on the New York Mercantile Exchange. The volume of all futures traded was 48 percent below the 100-day average. Prices are up 2.4 percent this year.

Brent for January settlement rose 11 cents to $111.11 a barrel on the London-based ICE Futures Europe exchange. Volume was 21 percent lower than the 100-day average.

Gold prices decline on weak physical demand and uncertainty in term of reducing the incentives Fed .

From the beginning, gold fell by about a quarter because of fears that the Fed will reduce the amount of buying bonds to $ 85 billion per month. According to some analysts , reducing incentives will begin in December , while others believe that based on the latest economic data the central bank will keep the volume of buying bonds until next year . The next meeting will be held on December 17-18, Fed .

Demand rose after prices fall below $ 1,230 , but again fell silent when they increase , dealers said . Margins in Shanghai for gold bullion 99.99 percent purity on Tuesday fell to $ 8 per ounce to $ 13 on Monday .

Stocks of the world's largest exchange-traded fund backed by gold (ETF) SPDR Gold Trust on Monday fell by 3.3 tons, and since the beginning of the year reserves decreased by 450 tons.

The cost of the December gold futures on the COMEX today dropped to $ 1240.90 per ounce.

U.S. stock-index futures were little changed, as investors weighed reports showing higher home prices and an increase in building permits.

Global markets:

Nikkei 15,515.24 -103.89 -0.67%

Hang Seng 23,681.28 -3.17 -0.01%

Shanghai Composite 2,183.07 -3.04 -0.14%

FTSE 6,663.92 -30.70 -0.46%

CAC 4,293.66 -8.31 -0.19%

DAX 9,300.02 +0.07 0.00%

Crude oil $94.05 (-0.04%).

Gold $1246.10 (+0.36%).

USD/JPY Y100.00, Y100.15, Y100.20, Y100.25, Y100.40, Y100.50, Y100.70, Y101.00

EUR/USD $1.3400, $1.3425, $1.3450, $1.3470, $1.3500, $1.3505, $1.3525, $1.3550, $1.3590, $1.3600

GBP/USD $1.6100

EUR/CHF Chf1.2420

NZD/USD $0.8330

USD/CAD C$1.0500, C$1.0555

Data

10:00 UK BOE Mark Carney Speech

10:00 UK Member Monetary Policy Committee Charles Bean Speech

10:00 UK BoE chief economist Spencer Dale Speech

10:00 UK Member Monetary Policy Committee of the Bank of England B. Broadbent Speech

10:00 UK Hearings on inflation in Parliament III quarter

The euro exchange rate against the dollar has grown significantly , due to the expectations of the publication of reports on the United States. Note that today, the U.S. Commerce Department reports the number of permits requested in September and October. Publication of the report was postponed due to a partial stop government. Reports on housing starts in October were originally planned for publication on November 19 , while the data for September were to be known on October 17. Stop the government, which lasted from October 1 to October 16 , is not allowed to collect data . The latest report on the construction of houses showed that in August builders requested 627,000 permits for new single-family homes on an annualized basis . It was 3% higher than July and the best pace since May 2008.

Also, the market's attention today is aimed at performance member of the board of the European Central Bank's Joerg Asmussen ( at 18:00 GMT), said earlier about the possibility of reduction of deposit rates to negative levels.

Note that in the course of trade also affected by the representative of the ECB Cara Benoit , who noted that the Governing Council discussed the likelihood of negative interest rates on deposits , so this option is not excluded.

" We have made clear that this option was discussed , so that the ECB is ready to do it ," said Cair , adding that this is just another one of the tools of the Central Bank . ECB assured that he is not afraid of deflation in the euro area since the restoration of growth and expects a gradual increase in inflation to the target level of 2%.

Pound traded lower against the dollar , despite the significant growth in the first half of the session . Note that initially the strengthening of the British currency was associated with the release of the expectations of inflation. But statements by representatives of the Bank of England have put pressure on the pound , against which he has fallen sharply.

Bank of England Carney , who spoke today at the Ministry of Finance , reiterated that the decline rates b / d to 7% will not trigger an automatic increase rate securities .

He noted that "the policy prozrachnoti " this is just politics clarify the conditions under which markets the Bank of England will begin to consider the option of raising rates , which gives the players , companies and households more certainty .

" We are not going to undermine the economic recovery , tightening ahead of time, adding that it is very difficult to predict how the situation will develop with unemployment.

Nevertheless , the head of the Central Bank welcomed the recent recovery in the labor market in Britain, which , in his opinion , is a sign that the economy is gaining momentum. However, he stressed that the drawdown of the British economy should not be underestimated , as well as downside risks to the outlook for the eurozone economy , which could damage Britain.

Another topic that was discussed at the hearing , it is a request of the Ministry of Finance to the Bank of England to rethink leverage ratio for British banks. Carney found it necessary to maintain the financial sector in Britain and said that the new rules should be introduced for 9 months.

EUR / USD: during the European session, the pair rose to $ 1.3572 , but later decreased slightly

GBP / USD: during the European session, the pair rose to $ 1.6194 , but then fell to $ 1.6149

USD / JPY: during the European session, the pair fell to Y101.33

At 13:30 GMT the United States will announce the amount of building permits issued in September and October , as well as including Housing Starts in September and October. At 14:00 GMT the U.S. will release the index of home prices in 20 major cities and the S & P composite index of national housing prices S & P in September. At 15:00 GMT the United States will present indicator of consumer confidence for November. At 21:45 GMT New Zealand will report on the trade balance for October.

EUR/USD

Offers $1.3690/700, $1.3660/65, $1.3650, $1.3620/30, $1.3585-600

Bids $1.3530/20, $1.3516, $1.3510/00, $1.3490/80, $1.3460/50

GBP/USD

Offers $1.6320/30, $1.6300, $1.6280, $1.6241, $1.6215/20, $1.6190/200, $1.6194

Bids $1.6160, $1.6146, $1.6134, $1.6110/00, $1.6072

AUD/USD

Offers $0.9320, $0.9300, $0.9240/50, $0.9220, $0.9175/80

Bids $0.9120, $0.9100, $0.9080, $0.9050, $0.9000

EUR/GBP

Offers stg0.8440, stg0.8430, stg0.8415/20, stg0.8395/400, stg0.8380/85

Bids stg0.8358, stg0.8345/40, stg0.8300, stg0.8285

EUR/JPY

Offers Y138.50, Y138.20, Y138.00, Y137.68/75

Bids Y137.00, Y136.50, Y136.00, Y135.80

USD/JPY

Offers Y102.50, Y102.25, Y102.00, Y101.92 25

Bids Y101.20, Y101.00, Y100.95/91, Y100.80

European stocks fell for the first time in three days while oil rallied in New York.

The Stoxx Europe 600 Index slid 0.3 percent at 6:08 a.m. in New York. Standard & Poor’s 500 Index futures lost less than 0.1 percent.

The European Central Bank doesn’t see deeper disinflation, European Central Bank Executive Board member Benoit Coeure said on CNBC today, after China’s central bank governor said the euro was important to his nation’s reserve management. U.S. consumer confidence and house prices increased, economists said before reports today.

“Large central banks around the world are looking to diversify their dollar holdings, in part in favor of the euro,” said Neil Jones, head of European hedge-fund sales at Mizuho Bank Ltd. in London. “When ECB members are doubting disinflation concerns and giving more upbeat growth expectations this also boosts the euro.”

Remy (RCO) lost 11 percent after posting first-half adjusted operating profit that declined 7.3 percent to 132.7 million euros ($179.5 million) on an organic basis.

Hugo Boss, the German luxury-clothing maker controlled by buyout firm Permira Advisers LLP, fell 3.3 percent.

Repsol SA advanced 4.1 percent after the governments of Spain and Argentina reached a preliminary agreement to compensate the Madrid-based oil company for its stake in YPF SA.

FTSE 100 6,668.15 -26.47 -0.40%

CAC 40 4,292.74 -9.23 -0.21%

DAX 9,299.66 -0.29 0.00%

USD/JPY Y100.00, Y100.15, Y100.20, Y100.25, Y100.40, Y100.50, Y100.70, Y101.00

EUR/USD $1.3400, $1.3425, $1.3450, $1.3470, $1.3500, $1.3505, $1.3525, $1.3550, $1.3590, $1.3600

GBP/USD $1.6100

EUR/CHF Chf1.2420

NZD/USD $0.8330

USD/CAD C$1.0500, C$1.0555

Most stocks on Asia’s benchmark regional stock index dropped after valuations climbed to near the highest level in six months. Japanese exporters declined on a stronger yen, while gold producers advanced

Nikkei 225 15,515.24 -103.89 -0.67%

Hang Seng 23,681.28 -3.17 -0.01%

S&P/ASX 200 5,357.01 +4.18 +0.08%

Shanghai Composite 2,183.07 -3.04 -0.14%

Honda Motor Co., Japan’s second-biggest automaker by market cap, slid 2 percent.

Doosan Engineering & Construction Co. slumped 15 percent after the Korea Economic Daily said the provider of architectural services will sell redeemable convertible preferred shares.

Perseus Mining Ltd. rose 3.6 percent in Sydney to lead a rebound in gold producers after prices for the precious metal rallied from their lowest since July.

The yen was supported after minutes of the BOJ’s October meeting published today showed one member said it was ``highly uncertain'' whether inflation would rise toward the 2 percent target. Central bank board member Sayuri Shirai proposed adding “attention should be paid to the downside risks” to the bank’s outlook report as “there was a high degree of uncertainty regarding developments in overseas economies and households’ employment and income situation,” the BOJ minutes showed.

The euro strengthened after China’s central bank governor said the currency is important to his nation’s reserve management. European Central Bank Executive Board member Joerg Asmussen, who has said negative deposit rates are a possible tool, will speak today. He said on Nov. 23 he wouldn’t fundamentally exclude setting a negative deposit rate and that the central bank will continue to act if necessary to ensure price stability. Council member Ardo Hansson said in an interview in Tallinn on Nov. 22 that the Frankfurt-based central bank’s “options on rate cuts are still not fully exhausted and there are all kinds of other measures that are still on the table.”

Australia’s dollar rose after Reserve Bank Deputy Governor Philip Lowe said the bar for intervention is high. “We don’t rule intervention in or out, that’s been a long-standing practice,” the RBA’s Lowe said in response to an audience question following a speech in Sydney today. “In the past, we have been prepared to intervene in the currency market when it’s clear the currency was misaligned or the market wasn’t working well. The threshold for intervention though is fairly high.”

EUR / USD: during the Asian session, the pair rose to $ 1.3540

GBP / USD: during the Asian session, the pair rose is trading around the level of $ 1.6160

USD / JPY: during the Asian session, the pair fell to Y101.30

Although there is a fairly full calendar Tuesday, particularly in the US, data is largely second tier. The European calendar kicks off at 0745GMT, when the French October housing starts and building permits data are released. At 0900GMT, the Italian November ISTAT consumer confidence data will cross the wires. Analysts see confidence coming in at 97.5, up from 97.3 in October.

GOLD 1,248.20 4.10 0.33%

OIL (WTI) 94.17 -0.67 -0.71%

Nikkei 225 15,619.13 +237.41 +1.54%

S&P/ASX 200 5,352.83 +16.92 +0.32%

Shanghai Composite 2,186.12 -10.26 -0.47%

FTSE 100 6,694.62 +20.32 +0.30%

CAC 40 4,301.97 +23.44 +0.55%

DAX 9,299.95 +80.91 +0.88%

Dow 16,072.54 +7.77 +0.05%

Nasdaq 3,994.57 +2.92 +0.07%

S&P 500 1,802.48 -2.28 -0.13%

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

EUR/USD $1,3515 -0,25%

GBP/USD $1,6154 -0,38%

USD/CHF Chf0,9116 +0,48%

USD/JPY Y101,66 +0,33%

EUR/JPY Y137,40 +0,09%

GBP/JPY Y164,21 -0,05%

AUD/USD $0,9159 -0,07%

NZD/USD $0,8208 +0,22%

USD/CAD C$1,0541 +0,18%

07:00 United Kingdom Nationwide house price index November +1.0% +0.6%

07:00 United Kingdom Nationwide house price index, y/y November +5.8% +6.2%

10:00 United Kingdom BOE Gov Mark Carney Speaks

10:00 United Kingdom MPC Member Bean Speaks

10:00 United Kingdom BOE Chief Economist Spencer Dale Speaks

10:00 United Kingdom MPC Member Dr Ben Broadbent Speaks

10:00 United Kingdom Inflation Report Hearings Quarter III

13:30 U.S. Housing Starts, mln September 0.891 0.910

13:30 U.S. Housing Starts, mln October 0.921

13:30 U.S. Building Permits, mln September 0.918 0.940

13:30 U.S. Building Permits, mln October 0.934

14:00 U.S. S&P/Case-Shiller Home Price Indices, y/y September +12.8% +13.0%

15:00 U.S. Richmond Fed Manufacturing Index November 1 3

15:00 U.S. Consumer confidence November 71.2 72.2

21:30 U.S. API Crude Oil Inventories November +0.5

21:45 New Zealand Trade Balance, mln October -345 -199