Novosti i prognoe: devizno tržište od 11-09-2017

01:30 Australia National Australia Bank's Business Confidence August 12

05:30 France Non-Farm Payrolls (Finally) Quarter II 0.3% 0.5%

08:30 United Kingdom Producer Price Index - Input (YoY) August 6.5% 7.4%

08:30 United Kingdom Producer Price Index - Input (MoM) August 0.0% 1.3%

08:30 United Kingdom Producer Price Index - Output (YoY) August 3.2% 3.1%

08:30 United Kingdom Producer Price Index - Output (MoM) August 0.1% 0.2%

08:30United Kingdom Retail prices, Y/Y August 3.6% 3.8%

08:30 United Kingdom Retail Price Index, m/m August 0.2% 0.6%

08:30 United Kingdom HICP ex EFAT, Y/Y August 2.4% 2.5%

08:30 United Kingdom HICP, m/m August -0.1% 0.5%

08:30 United Kingdom HICP, Y/Y August 2.6% 2.8%

13:45 Eurozone ECB's Vitor Constancio Speaks

14:00 U.S. JOLTs Job Openings July 6.163

22:45 New Zealand Food Prices Index, y/y August 3%

23:50 Japan BSI Manufacturing Index Quarter III -2.9

EURUSD: 1.1925 (EUR 300m) 1.1930 ( 2.3bln) 1.1975 (370m) 1.2050 (795m) 1.2100 (735m)

USDJPY: 107.25 (USD 450m) 108.00 (455m) 108.50 (575m) 109.10 470m)

GBPUSD: Nothing of note/size

USDCHF: 0.9460 (USD 470m)

AUDUSD: 0.8060 (AUD 785m)

• Agrees with UAE counterpart that extension to global oil supply cut pact beyond march 2018 may be considered

The trend in housing starts was 219,447 units in August 2017, compared to 217,339 units in July 2017, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

"Canada's trend in housing starts was above the 200,000 unit mark for the eighth consecutive month," said Bob Dugan, CMHC's chief economist. "Demand for new homes remains strong, consistent with consumer confidence which reached its highest level in ten years."

In July 2017 the seasonally adjusted industrial production index increased by 0.1% compared with the previous month. The percentage change of the average of the last three months with respect to the previous three months was +1.4.

The calendar adjusted industrial production index increased by 4.4% compared with July 2016 (calendar working days in July 2017 being the same as in July 2016); in the period January-July 2017 the percentage change was +2.6 compared with the same period of 2016.

The unadjusted industrial production index increased by 4.4% compared with July 2016.

• There is compelling international evidence that non-standard policy measures have been successful

• Exogenous shocks to exchange rate, if persistent, can lead to unwarranted tightening of financial conditions with undesirable consequences for inflation

• Compared with past demand shocks, policy will remain more accommodative for longer

• Monetary policy never acts in isolation on the exchange

• In particular, there is a risk of a deterioration in trade relations between US and countries that trade with North Korea

• Heightened tension over North Korea's nuclear weapons programme could have substantial impact on South Korea's economy

• Korean tensions creating spillovers beyond peninsula

• Says N.Korea is on a "reckless path"

Core machine orders in Japan jumped a seasonally adjusted 8.0 percent on month in July, the Cabinet Office said on Monday, cited by rttnews - coming in at 853.3 billion yen.

That beat forecasts for an increase of 4.1 percent following the 1.9 percent decline in June.

On a yearly basis, core machine orders tumbled 7.5 percent - again beating expectations for a decline of 7.8 percent following the 5.2 percent decline in the previous month.

The total value of machine orders, which includes volatile ones for ships and electric power companies, added 4.9 percent on month and 10.2 percent on year to 2,382.2 billion yen.

EUR/USD

Resistance levels (open interest**, contracts)

$1.2161 (2446)

$1.2130 (3151)

$1.2110 (1437)

Price at time of writing this review: $1.2008

Support levels (open interest**, contracts):

$1.1958 (836)

$1.1929 (2799)

$1.1896 (2239)

Comments:

- Overall open interest on the CALL options and PUT options with the expiration date October, 6 is 88729 contracts (according to data from September, 8) with the maximum number of contracts with strike price $1,1900 (3151);

GBP/USD

Resistance levels (open interest**, contracts)

$1.3334 (1397)

$1.3299 (1799)

$1.3260 (682)

Price at time of writing this review: $1.3173

Support levels (open interest**, contracts):

$1.3106 (691)

$1.3075 (890)

$1.3041 (1228)

Comments:

- Overall open interest on the CALL options with the expiration date October, 6 is 23793 contracts, with the maximum number of contracts with strike price $1,3000 (2635);

- Overall open interest on the PUT options with the expiration date September, 8 is 25472 contracts, with the maximum number of contracts with strike price $1,2950 (2383);

- The ratio of PUT/CALL was 1.07 versus 0.90 from the previous trading day according to data from September, 8

* - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** - Open interest takes into account the total number of option contracts that are open at the moment.