Novosti i prognoe: devizno tržište od 08-04-2014

00:30 Australia Westpac Consumer Confidence April -0.7%         

01:30 Australia Home Loans February 0.0% +0.4%     

05:00 Japan BoJ monthly economic report April             

06:00 China New Loans March 645 1000     

06:00 Germany Current Account February 16.2         

06:00 Germany Trade Balance February 17.2 18.8     

08:30 United Kingdom Trade in goods February -9.8 -9.3     

14:00 U.S. Wholesale Inventories February +0.6% +0.5%     

14:30 U.S. Crude Oil Inventories April -2.4         

18:00 U.S. FOMC meeting minutes                 

22:30 New Zealand Business NZ PMI March 56.2         

23:01 United Kingdom RICS House Price Balance March 45% 44%     

23:50 Japan Core Machinery Orders February +13.4% -3.2%     

The euro exchange rate against the dollar rose sharply , reaching highs while the current month. Experts say that the chances of implementation of the European Central Bank QE any measures gradually reduced , allowing the single currency gain growth momentum and achieve a level of $ 1.3800 . ECB representatives downplay his comments probability QE in the region , as risk appetite increased after the events of last week.

In addition, market participants expect publication of the minutes of the meeting of the Federal Reserve in March . Such data will be able to exert significant pressure on the dynamics of market prices. Recall that in the course of the meeting it was decided to decrease the volume of the quantitative easing program in the amount of $ 10 billion for the third consecutive time. Thus, the monthly amount of redemption will be now about 55 billion dollars. Moving at a pace further regulator can completely abandon the loose monetary policy in the autumn of this year. Most analysts hoped to see the outcome of the meeting in a more precise allusions to the program deadlines . In addition, they want to know when will increase the base interest rate . At the moment, there are suggestions that the rate increase from the current level of 0-0.25 % will begin no earlier than mid- 2015.

The British pound rose sharply against the dollar , supported by strong data on industrial production . In the UK, industrial production rose more than expected in February , which was due to higher contribution from oil and gas production . According to the data , industrial production grew by 0.9 percent in February from a month ago , when it remained unchanged. Growth rate much higher than the February 0.3 percent expected growth . Manufacturing output rose 1 percent, which was faster than the growth of 0.3 percent , which is seen in January. Economists forecast that production will grow by 0.3 percent again in February . Annual industrial production growth slowed slightly to 2.7 percent in February from 2.8 percent in January. But the pace of growth exceeded economists forecast 2.2 percent . Meanwhile, manufacturing output grew at a faster pace of 3.8 per cent per annum , after rising 3.2 percent the previous month. Annual production growth is expected to slow slightly to 3.1 percent .

The yen rose against the dollar after the Bank of Japan on the basis of ending today a 2-day meeting did not change the course of monetary policy , keeping the volume of lending programs and asset purchases unchanged. Analysts also expect changes , despite the increase in the consumption tax in Japan on April 1. CB confirmed target expansion of the monetary base in the range of 60 to 70 trillion yen ( $ 681 billion ) a year. Last month, the head Haruhiko Kuroda said that the chances of seeing remain high next year inflation in the central bank's target level of 2%.

USD/JPY Y101.75, Y102.00, Y102.75, Y102.95, Y103.00, Y103.50, Y104.00

EUR/JPY Y142.50

EUR/USD $1.3625, $1.3650, $1.3700, $1.3750, $1.3800, $1.3830

EUR/GBP stg.0.8305, stg0.8345

USD/CHF Chf0.8930

AUD/USD $0.9150, $0.9200, $0.9250, $0.9300

AUD/USD Y94.00, Y95.00, Y96.50

USD/CAD Cad1.1000, Cad1.1100, Cad1.1110

EUR/USD

Offers $1.3875/80, $1.3845/50, $1.3820,  $1.3790/800, $1.3775/80

Bids $1.3720, $1.3705/00

GBP/USD

Offers $1.6785/800, $1.6740/50, $1.6720

Bids $1.6525\20, $1.6510/00

AUD/USD

Offers  $0.9450, $0.9400

Bids $0.9300, $0.9250, $0.9225/20, $0.9200, $0.9180, $0.9150

EUR/JPY

Offers Y142.50, Y142.00, Y141.45/50

Bids  Y141.00, Y140.80, Y140.50, Y140.25/20

USD/JPY

Offers  Y103.65/75, Y103.50, Y103.25/30, Y102.80

Bids  Y102.20, Y102.00, Y101.50

EUR/GBP

Offers  stg0.8320/25, stg0.8300

Bids  stg0.8200, stg0.8190-80, stg0.8150

European stocks dropped for a second day as investors weighed escalating tensions between America and Russia over the future of eastern Europe. U.S. index futures and Asian shares were little changed.

The Stoxx Europe 600 Index slipped 0.3 percent to 334.06 at 10:40 a.m. in London. The benchmark measure lost 1.2 percent yesterday as technology shares retreated. The gauge has advanced 1.8 percent in 2014. The Standard & Poor’s 500 Index futures added less than 0.1 percent today, while the MSCI Asia Pacific Index slid 0.1 percent.

Ukraine sent additional police forces into its eastern regions after pro-Russian protesters seized government buildings in Donetsk, Luhansk and Kharkiv this week. The U.S. accused Russia of instigating the raids, amid increasing concern that Russian President Vladimir Putin plans to make Ukraine a loose federation. The U.S. has said there is evidence that some protesters may be paid provocateurs.

Suedzucker AG slumped 16 percent to 17.12 euros. The maker of sugar, starch and bakery additives projects full-year revenue of about 7 billion euros ($9.6 billion), below analysts’ estimates of 7.5 billion euros. The company, which is reviewing costs in the sugar business, said it expects operating profit of about 200 million euros, trailing estimates of 608 million euros.

Sports Direct slid 6.7 percent to 834 pence, for its biggest drop since Dec. 12. Ashley was selling 200 million pounds ($332 million) of shares in the sporting-goods retailer with Goldman Sachs Group Inc. as the sole book runner, FT reported. Ashley sold the stake after acquiring an 11 percent stake in House of Fraser Ltd.

Nokia rose 2.8 percent to 5.47 euros. China’s Ministry of Commerce said it has approved Nokia’s deal with Microsoft after the U.S. software company pledged it won’t ban Chinese phone makers from using its patents. With this clearance, Nokia expects the transaction to be completed this month.

FTSE 100 6,577.45 -45.39 -0.69%

CAC 40 4,411.82 -24.26 -0.55%

DAX 9,448.53 -62.32 -0.66%

USD/JPY Y101.75, Y102.00, Y102.75, Y102.95, Y103.00, Y103.50, Y104.00

EUR/JPY Y142.50

EUR/USD $1.3625, $1.3650, $1.3700, $1.3750, $1.3800, $1.3830

EUR/GBP stg.0.8305, stg0.8345

USD/CHF Chf0.8930

AUD/USD $0.9150, $0.9200, $0.9250, $0.9300

AUD/USD Y94.00, Y95.00, Y96.50

USD/CAD Cad1.1000, Cad1.1100, Cad1.1110

01:30 Australia National Australia Bank's Business Confidence March 7 4

03:00 Japan BoJ Interest Rate Decision 0.10% 0.10% 0.10%

03:00 Japan Bank of Japan Monetary Base Target 270 270 270

03:00 Japan BoJ Monetary Policy Statement

04:30 Japan Eco Watchers Survey: Current March 53.0 54.1 57.9

04:30 Japan Eco Watchers Survey: Outlook March 40.0 34.7

The yen rose for a third day and a measure of implied rate swings in currency markets fell to a seven-year low as the Bank of Japan refrained from adding extra stimulus at a policy meeting. The BOJ kept unchanged a 60 trillion yen to 70 trillion yen ($680 billion) target for yearly expansion of the monetary base after ending its two-day policy meeting today, as was forecast in a Bloomberg News survey of economists. Governor Haruhiko Kuroda said last month the chances are high that inflation will reach the central bank’s target of 2 percent next year.

The dollar maintained a two-day decline versus a basket of major peers before minutes of the Federal Reserve’s March meeting are released tomorrow. The Fed will release minutes of its March 18-19 meeting tomorrow. Policy makers at the gathering cut monthly bond purchases by $10 billion to $55 billion. Fed Chair Janet Yellen said the central bank may start to raise interest rates “around six months” after ending its asset-buying program.

Minneapolis Fed President Narayana Kocherlakota and Philadelphia Fed President Charles Plosser are scheduled to speak today.

New Zealand’s dollar gained for a third day against the greenback as falling volatility boosted the allure of higher-yielding assets.

EUR / USD: during the Asian session, the pair traded in the range of $ 1.3740-50

GBP / USD: during the Asian session, the pair rose to $ 1.6620

USD / JPY: on Asian session the pair fell to Y102.75