Forex-novosti i prognoze od 17-11-2015

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

0:30 Australia Wage Price Index, q/q Quarter III 0.6% 0.6%

00:30 Australia Wage Price Index, y/y Quarter III 2.3% 2.3%

10:00 Eurozone Construction Output, y/y September -6.0%

10:00 Switzerland Credit Suisse ZEW Survey (Expectations) November 18.3

12:00 U.S. MBA Mortgage Applications November -1.3%

13:30 U.S. Housing Starts October 1206 1160

13:30 U.S. Building Permits October 1105 1150

15:30 U.S. Crude Oil Inventories November 4.224 1.6

19:00 U.S. FOMC meeting minutes

21:45 New Zealand PPI Input (QoQ) Quarter III -0.3%

21:45 New Zealand PPI Output (QoQ) Quarter III -0.2%

23:50 Japan Trade Balance Total, bln October -114.5 -292

Stock indices closed higher on a deal between Greece and its creditors and on the better-than-expected ZEW economic sentiment data from Germany. The ZEW Center for European Economic Research released its economic sentiment index for Germany and the Eurozone on Tuesday. Germany's ZEW economic sentiment index climbed to 10.4 in November from 1.9 in October, exceeding expectations for a rise to 6.0.

"The outlook for the German economy is brightening again towards the end of the year. Economic pessimism appears not to have increased after the terror attacks in Paris. The currently high level of consumption in Germany, the recent decline in the external value of the euro, and the ongoing recovery in the United States are likely to bolster the robust development of the German economy," the ZEW President Clemens Fuest.

Eurozone's ZEW economic sentiment index decreased to 28.3 in November from 30.1 in October, missing expectations for an increase to 35.2.

Greek Finance Minister Euclid Tsakalotos said on Tuesday that the Greek government reached a deal with its creditors.

"We have reached agreement on everything, including the 48 additional measures," he said.

The Office for National Statistics (ONS) released the consumer price inflation data for the U.K. on Tuesday. The U.K. consumer price index remained unchanged at -0.1% in October, in line with expectations.

The decline was driven by lower food, alcohol and tobacco prices.

Consumer price inflation excluding food, energy, alcohol and tobacco prices climbed to 1.1% year-on-year in October from 1.0% in September. Analysts had expected the inflation to remain unchanged at 1.0%.

The consumer price inflation is below the Bank of England's 2% target.

The European Central Bank (ECB) Chief Economist Peter Praet said in an interview with Bloomberg published on Tuesday that downside risks may increase due to terror attacks in Paris.

He also said that inflation in the Eurozone remained low, adding that data was "a little bit less encouraging".

"I would say that the downside risks haven't decreased, probably rather, unfortunately, increased a little bit," Praet noted.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,268.76 +122.38 +1.99 %

DAX 10,971.04 +257.81 +2.41 %

CAC 40 4,937.31 +133.00 +2.77 %

Oil prices dropped on concerns over the global oil oversupply. The stronger U.S. dollar also weighed on oil prices as market participants speculate that the Fed will start raising interest rate in December.

Market participants are awaiting the release of U.S. crude oil inventories data. The American Petroleum Institute (API) is scheduled to release its U.S. oil inventories data later in the day, and U.S. oil inventories data from the U.S. Energy Information Administration is expected on Wednesday.

WTI crude oil for January delivery dropped to $42.28 a barrel on the New York Mercantile Exchange.

Brent crude oil for January fell to $43.91 a barrel on ICE Futures Europe.

Polish equity market demonstrated solid growth on Tuesday. The broad market measure, the WIG Index, gained 1.35%. Media sector (-1.89%) was the sole laggard among the WIG's 11 industry groups. At the same time, the materials (+6.27%) and telecommunication sector (+2.22%) posed the best results.

The large-cap stocks' benchmark, the WIG30 Index, added 1.75%. Within the WIG30 Index components, KGHM (WSE: KGH) led advancers, climbing by 6.89% after seven consecutive sessions of losses. It was followed by TAURON PE (WSE: TPE), jumping by 5.56%. EUROCASH (WSE: EUR), BZ WBK (WSE: BZW), ENEA (WSE: ENA), MBANK (MBK) and PGNIG (WSE: PGN) also were among best-performers, boosting 3.55%-3.91%. On the other side of the ledger, CYFROWY POLSAT (WSE: CPS) and HANDLOWY (WSE: BHW) suffered the steepest declines, plunging by 2.77% and 1.29% respectively.

Gold price fell on decreasing demand for safe-haven assets and on a stronger U.S. dollar. The greenback rose against other currencies after the release of the U.S. consumer price inflation data. The U.S. Labor Department released consumer price inflation data on Tuesday. The U.S. consumer price inflation rise 0.2% in October, in line with expectations, after a 0.2% fall in September.

The increase was partly driven by higher shelter and medical care costs. Shelter costs climbed 0.3% in October, while medical care costs rose 0.8%.

Gasoline prices were up 0.4% in October, while food prices increased 0.1%.

On a yearly basis, the U.S. consumer price index increased to 0.2% in October from 0.0% in September, beating expectations for a rise to 0.1%.

The U.S. consumer price inflation excluding food and energy gained 0.2% in October, in line with expectations, after a 0.2% increase in September.

On a yearly basis, the U.S. consumer price index excluding food and energy remained unchanged at 1.9% in October, in line with expectations.

December futures for gold on the COMEX today decreased to 1074.80 dollars per ounce.

Major U.S. stock indexes rose on Tuesday as better-than-expected earnings from Wal-Mart (WMT) and Home Depot (HD) allayed fears of a retail slowdown after last week's sharp selloff in the sector.

Most of Dow stocks in positive area (18 of 30). Top looser - Caterpillar Inc. (CAT, -0.80%). Top gainer - Wal-Mart Stores Inc. (WMT +4.26%).

Almost all of S&P index sectors also in positive area. Top looser - Healthcare (+1,0%). Top looser - Conglomerates (-1.3%).

At the moment:

Dow 17529.00 +108.00 +0.62%

S&P 500 2059.50 +11.50 +0.56%

Nasdaq 100 4586.25 +26.50 +0.58%

Oil 41.20 -0.54 -1.29%

Gold 1074.40 -9.20 -0.85%

U.S. 10yr 2.31 +0.04

According to the Reserve Bank of New Zealand's survey published on Tuesday, New Zealand's inflation expectations for the next 12 months rose to 1.51% in the three months to November from 1.46% in the previous quarter.

Inflation expectations for the next 24 months slid to 1.85% from 1.94%.

The European Central Bank (ECB) Chief Economist Peter Praet said in an interview with Bloomberg published on Tuesday that downside risks may increase due to terror attacks in Paris.

He also said that inflation in the Eurozone remained low, adding that data was "a little bit less encouraging".

"I would say that the downside risks haven't decreased, probably rather, unfortunately, increased a little bit," Praet noted.

The National Association of Home Builders (NAHB) released its housing market index for the U.S. on Tuesday. The NAHB housing market index fell to 62 in November from 65 in October, missing expectations for a decrease to 64. October's figure was revised up from 64.

A level above 50.0 is considered positive, below indicates a negative outlook.

The fall was driven by a decline in two of three components of the index. The buyer traffic sub-index increased to 48 in November, the current sales conditions sub-index fell to 67 from 70, while the sub-index measuring sales expectations in the next six months dropped to 70 from 75.

"Even with this month's drop, builder confidence has remained in the 60s for six straight months - a sign that the single-family housing market is making long-term headway. However, our members continue to voice concerns about the availability of lots and labour," the NAHB Chairman Tom Woods said.

"A firming economy, continued job creation and affordable mortgage rates should keep housing on an upward trajectory as we approach 2016," the NAHB Chief Economist David Crowe said.

The Federal Reserve released its industrial production report on Tuesday. The U.S. industrial production fell 0.2% in October, missing expectations for a 0.1% rise, after a 0.2% decline in September.

The drop was mainly driven by a fall in the mining output and utilities. Mining output plunged by 1.5% in October, while utilities production slid 2.5%.

Manufacturing output was up 0.4% in October, after a 0.1% fall in September.

Capacity utilisation rate decreased to 77.5% in October from 77.7% in September, in line with expectations. September's figure was revised up from 77.5%.

U.S. equity-index futures climbed.

Global Stocks:

Nikkei 19,630.63 +236.94 +1.22%

Hang Seng 22,264.25 +253.43 +1.15%

Shanghai Composite 3,605.5 -1.46 -0.04%

FTSE 6,260.6 +114.22 +1.86%

CAC 4,917.85 +113.54 +2.36%

DAX 10,918.51 +205.28 +1.92%

Crude oil $41.50 (-0.57%)

Gold $1078.30 (-0.49%)

The U.S. Labor Department released consumer price inflation data on Tuesday. The U.S. consumer price inflation rise 0.2% in October, in line with expectations, after a 0.2% fall in September.

The increase was partly driven by higher shelter and medical care costs. Shelter costs climbed 0.3% in October, while medical care costs rose 0.8%.

Gasoline prices were up 0.4% in October.

Food prices increased 0.1% in October.

On a yearly basis, the U.S. consumer price index increased to 0.2% in October from 0.0% in September, beating expectations for a rise to 0.1%.

The U.S. consumer price inflation excluding food and energy gained 0.2% in October, in line with expectations, after a 0.2% increase in September.

On a yearly basis, the U.S. consumer price index excluding food and energy remained unchanged at 1.9% in October, in line with expectations.

The inflation remains low due to a weak wage growth and a stronger U.S. dollar.

The consumer price index is not preferred Fed's inflation measure.

(company / ticker / price / change, % / volume)

Upgrades:

Downgrades:

Other:

Merck (MRK) target lowered to $65 from $70 at Argus

USD/JPY 122.50 USD 340m)

EUR/USD 1.0675 (EUR 888m) 1.0800 ( 2bln)

GBP/USD 1.5100 (GBP 500m)

USD/CAD 1.3110 (USD 250m) 1.3130 (440m)

AUD/USD 0.7100 (AUD 591m)

EUR/GBP 0.7000 (EUR 400m)

EUR/JPY 131.50 (EUR 300m) 133.00 (226m)

Home Depot reported Q3 earnings of $1.36 per share (versus $1.15 in the corresponding period of previous year), beating analysts' consensus of $1.32.

The company's revenues amounted to $21.819 bln (+6.4% y/y), slightly beating consensus estimate of $21.772 bln.

Home Depot revised upwards its EPS FY16 guidance to $5.36 from $5.31-5.36. The analysts' consensus forecast for the company's EPS FY16 stands at $5.31.

HD rose to $120.84 (+2.99%) in pre-market trading.

The Office for National Statistics (ONS) released its house inflation data for the U.K. on Tuesday. The U.K. house price index rose at a seasonally adjusted rate of 0.8% in September, slower than a 0.9% in August.

On a yearly basis, the U.K. house price index increased at a seasonally adjusted rate of 6.1% in September, after a 5.5% in August. It was the highest rise since March.

The higher house price inflation was mainly driven by an increase in prices in the East and the South East.

The average mix-adjusted house price was £286,000 in September, up from £285,000 in August.

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

00:30 Australia RBA Meeting's Minutes

09:30 United Kingdom Producer Price Index - Output (MoM) October -0.1% 0% 0%

09:30 United Kingdom Producer Price Index - Input (YoY) October -13.3% -12% -12.1%

09:30 United Kingdom Producer Price Index - Input (MoM) October 0.5% Revised From 0.6% 0.2% 0.2%

09:30 United Kingdom Producer Price Index - Output (YoY) October -1.8% -1.3% -1.3%

09:30 United Kingdom Retail Price Index, m/m October -0.1% 0.1% 0.0%

09:30 United Kingdom Retail prices, Y/Y October 0.8% 0.9% 0.7%

09:30 United Kingdom HICP, m/m October -0.1% 0.1% 0.1%

09:30 United Kingdom HICP, Y/Y October -0.1% -0.1% -0.1%

09:30 United Kingdom HICP ex EFAT, Y/Y October 1.0% 1% 1.1%

10:00 Eurozone ZEW Economic Sentiment November 30.1 35.2 28.3

10:00 Germany ZEW Survey - Economic Sentiment November 1.9 6 10.4

The U.S. dollar traded mixed to lower against the most major currencies ahead the release of the U.S. economic data from the U.S. The U.S. consumer price inflation is expected to rise to 0.1% year-on-year in October from 0.0% in September.

The U.S. consumer price index excluding food and energy is expected to remain unchanged 1.9% year-on-year in October.

The U.S. industrial production is expected to increase 0.1% in October, after a 0.2% fall in September.

The NAHB housing market index is expected to remain unchanged at 64 in November.

The euro traded mixed against the U.S. dollar on the better-than-expected ZEW economic sentiment data from Germany. The ZEW Center for European Economic Research released its economic sentiment index for Germany and the Eurozone on Tuesday. Germany's ZEW economic sentiment index climbed to 10.4 in November from 1.9 in October, exceeding expectations for a rise to 6.0.

"The outlook for the German economy is brightening again towards the end of the year. Economic pessimism appears not to have increased after the terror attacks in Paris. The currently high level of consumption in Germany, the recent decline in the external value of the euro, and the ongoing recovery in the United States are likely to bolster the robust development of the German economy," the ZEW President Clemens Fuest.

Eurozone's ZEW economic sentiment index decreased to 28.3 in November from 30.1 in October, missing expectations for an increase to 35.2.

Greek Finance Minister Euclid Tsakalotos said on Tuesday that the Greek government reached a deal with its creditors.

"We have reached agreement on everything, including the 48 additional measures," he said.

The British pound traded higher against the U.S. dollar on the U.K. inflation data. The Office for National Statistics (ONS) released the consumer price inflation data for the U.K. on Tuesday. The U.K. consumer price index remained unchanged at -0.1% in October, in line with expectations.

The decline was driven by lower food, alcohol and tobacco prices.

Consumer price inflation excluding food, energy, alcohol and tobacco prices climbed to 1.1% year-on-year in October from 1.0% in September. Analysts had expected the inflation to remain unchanged at 1.0%.

The consumer price inflation is below the Bank of England's 2% target.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair rose to $1.5216

USD/JPY: the currency pair decreased to Y123.17

The most important news that are expected (GMT0):

13:30 U.S. CPI, m/m October -0.2% 0.2%

13:30 U.S. CPI, Y/Y October 0.0% 0.1%

13:30 U.S. CPI excluding food and energy, m/m October 0.2% 0.2%

13:30 U.S. CPI excluding food and energy, Y/Y October 1.9% 1.9%

14:15 U.S. Capacity Utilization October 77.5% 77.5%

14:15 U.S. Industrial Production (MoM) October -0.2% 0.1%

14:15 U.S. Industrial Production YoY October 0.4%

15:00 U.S. NAHB Housing Market Index November 64 64

21:00 U.S. Total Net TIC Flows September -9.2

21:00 U.S. Net Long-term TIC Flows September 20.4

Wal-Mart reported Q3 earnings of $0.99 per share (versus $1.15 in Q3 FY 2014), slightly beating analysts' consensus of $0.98.

The company's revenues amounted to $116.598 bln (-1.3% y/y), slightly missing consensus estimate of $117.371 bln.

Wal-Mart confirmed its forecasts for Q4 EPS of $1.40-1.55 (versus consensus of $1.42), but narrowed forecasts for FY16 EPS to $4.50-4.65 from $4.40-4.70 (versus consensus of $4.51).

WMT rose to $57.87 (+2.57%) in pre-market trading.

EUR/USD

Offers 1.0660 1.0680 1.0700 1.0725 1.0745 1.0760 1.0780-85 1.0800

Bids 1.0630-35 1.0620 1.0600 1.0580 1.0550 1.0525-30 1.0500

GBP/USD

Offers 1.5185 1.5200 1.5220-25 1.5235 1.5250 1.5265 1.5280 1.5300 1.5325 1.5350

Bids 1.5150 1.5125-30 1.5100 1.5080-85 1.5060 1.5030 1.5000

EUR/GBP

Offers 0.7035 0.7050 0.7075-80 0.7100 0.7125-30 0.7150 0.7185 0.7200

Bids 0.7000 0.6985 0.6965 0.6950 0.6930 0.6900 0.6885 0.6865 0.6850

EUR/JPY

Offers 131.60 131.85 132.00 132.40 132.60 132.75-80 133.00

Bids 131.20 131.00 130.80 130.50 130.25-30 130.00

USD/JPY

Offers 123.50 123.75-80 124.00 124.30 124.50 124.75 125.00

Bids 123.20 123.00 122.80-85 122.50 122.25 122.00 121.80 121.50-60

AUD/USD

Offers 0.7100 0.7120 0.7140-50 0.7180-85 0.7200 0.7220 0.7250

Bids 0.7065 0.7050 0.7035 0.7020 0.7000 0.6985 0.6950

Stock indices traded higher on a deal between Greece and its creditors and on the better-than-expected ZEW economic sentiment data from Germany. The ZEW Center for European Economic Research released its economic sentiment index for Germany and the Eurozone on Tuesday. Germany's ZEW economic sentiment index climbed to 10.4 in November from 1.9 in October, exceeding expectations for a rise to 6.0.

"The outlook for the German economy is brightening again towards the end of the year. Economic pessimism appears not to have increased after the terror attacks in Paris. The currently high level of consumption in Germany, the recent decline in the external value of the euro, and the ongoing recovery in the United States are likely to bolster the robust development of the German economy," the ZEW President Clemens Fuest.

Eurozone's ZEW economic sentiment index decreased to 28.3 in November from 30.1 in October, missing expectations for an increase to 35.2.

Greek Finance Minister Euclid Tsakalotos said on Tuesday that the Greek government reached a deal with its creditors.

"We have reached agreement on everything, including the 48 additional measures," he said.

The Office for National Statistics (ONS) released the consumer price inflation data for the U.K. on Tuesday. The U.K. consumer price index remained unchanged at -0.1% in October, in line with expectations.

The decline was driven by lower food, alcohol and tobacco prices.

Consumer price inflation excluding food, energy, alcohol and tobacco prices climbed to 1.1% year-on-year in October from 1.0% in September. Analysts had expected the inflation to remain unchanged at 1.0%.

The consumer price inflation is below the Bank of England's 2% target.

Current figures:

Name Price Change Change %

FTSE 100 6,257.18 +110.80 +1.80 %

DAX 10,903.57 +190.34 +1.78 %

CAC 40 4,904.48 +100.17 +2.09 %

Greek Finance Minister Euclid Tsakalotos said on Tuesday that the Greek government reached a deal with its creditors.

"We have reached agreement on everything, including the 48 additional measures," he said.

The deal will unblock a €12 billion euro tranche of aid.

The Greek and EU parliaments are expected to approve the deal later on Tuesday.

The Italian statistical office Istat released its trade data for Italy on Tuesday. Italy' trade surplus rose to €2.19 billion in September from €1.85 billion in August.

Exports increased 1.4% year-on-year in September, while imports climbed 0.7%.

The trade surplus with the EU was €760 million in September, while the trade surplus with non-EU countries was €1.43 billion.

USD/JPY 122.50 USD 340m)

EUR/USD 1.0675 (EUR 888m) 1.0800 ( 2bln)

GBP/USD 1.5100 (GBP 500m)

USD/CAD 1.3110 (USD 250m) 1.3130 (440m)

AUD/USD 0.7100 (AUD 591m)

EUR/GBP 0.7000 (EUR 400m)

EUR/JPY 131.50 (EUR 300m) 133.00 (226m)

The ZEW Center for European Economic Research released its economic sentiment index for Germany and the Eurozone on Tuesday. Germany's ZEW economic sentiment index climbed to 10.4 in November from 1.9 in October, exceeding expectations for a rise to 6.0.

The assessment of the current situation in Germany fell by 0.8 points to 54.4 points.

"The outlook for the German economy is brightening again towards the end of the year. Economic pessimism appears not to have increased after the terror attacks in Paris. The currently high level of consumption in Germany, the recent decline in the external value of the euro, and the ongoing recovery in the United States are likely to bolster the robust development of the German economy," the ZEW President Clemens Fuest.

Eurozone's ZEW economic sentiment index decreased to 28.3 in November from 30.1 in October, missing expectations for an increase to 35.2.

The assessment of the current situation in the Eurozone rose by 1.2 points to -10.0 points.

The Office for National Statistics (ONS) released the consumer price inflation data for the U.K. on Tuesday. The U.K. consumer price index remained unchanged at -0.1% in October, in line with expectations.

The decline was driven by lower food, alcohol and tobacco prices.

"This is now the ninth month running that CPI has been at or very closer to zero. CPI remained steady at -0.1 percent in October, with stronger clothing price growth being offset by food and alcohol and tobacco, as well as a smaller impact from rising tuition fees," ONS statistician Richard Campbell said.

On a monthly basis, U.K. consumer prices rose 0.1% in October, in line with expectations, after a 0.1% fall in September.

Consumer price inflation excluding food, energy, alcohol and tobacco prices climbed to 1.1% year-on-year in October from 1.0% in September. Analysts had expected the inflation to remain unchanged at 1.0%.

The Retail Prices Index dropped to 0.7% year-on-year in October from 0.8% in September, missing expectations for an increase to 0.9%.

The consumer price inflation is below the Bank of England's 2% target.

The Reserve Bank of Australia (RBA) released its minutes from November monetary policy meeting on Tuesday. The RBA said that the accommodative monetary policy was appropriate, adding that low interest rates supported growth in household consumption and dwelling investment.

The Australian economy continued to expand moderately, the RBA said.

According to the minutes, "the Australian dollar was adjusting to the significant declines in key commodity prices and boosting demand for domestic production".

Members also said that there is "spare capacity, including the relatively high unemployment rate, low wage growth and the lower-than-expected inflation outcome in the September quarter".

The minutes said that the outlook for the Asian region, particularly China, is one of the key uncertainties in forecasting global growth.

The RBA kept unchanged its interest rate at 2.00% in November.

The Reserve Bank of Australia Assistant Governor Christopher Kent said on late Monday evening that a slower rise in the Chinese industrial production led to a drop in commodity prices over the course of this year. He added that the industrial sector in China and Asia will have impact on commodity prices.

"Conditions in the industrial sector in China, and Asia more broadly, will have an important influence on the path of commodity prices over the near term. Beyond that, the changing nature of China's development implies that the potential for commodity prices to rise from here is somewhat limited," Kent said.

He pointed out that "the shift in demand towards services and agricultural products within China and the Asian region" is new opportunity for Australian exporters.

Japan's ruling party member Kozo Yamamoto said on Monday that the Bank of Japan (BoJ) will likely not add further stimulus measures this year as a weaker yen could hurt low-income households.

"If the U.S. Federal Reserve raises interest rates this year that could accelerate yen declines. That would hurt households," he said. Yamamoto noted that the BoJ will likely analyse effects on the yen from the possible Fed's interest rate hike.

According to data from PayNet released on Monday, Canadian small business lending index climbed to 142.0 in September from 131.8 in August. On a yearly basis, the index rose 14% in September.

"We are seeing that the small businesses are becoming an engine of growth for the Canadian economy at a time when the big companies, some of them in the energy sector, are contracting," PayNet's president Bill Phelan said. He added that small businesses "are a good leading economic indicator".

The index of Canadian medium-sized businesses declined to 213.6 in September from 220.7 in August. On a yearly basis, the index fell 12% in September.

EUR / USD

Resistance levels (open interest**, contracts)

$1.0842 (1745)

$1.0790 (414)

$1.0750 (228)

Price at time of writing this review: $1.0653

Support levels (open interest**, contracts):

$1.0607 (5571)

$1.0566 (8210)

$1.0513 (6240)

Comments:

- Overall open interest on the CALL options with the expiration date December, 4 is 88445 contracts, with the maximum number of contracts with strike price $1,1000 (5777);

- Overall open interest on the PUT options with the expiration date December, 4 is 113836 contracts, with the maximum number of contracts with strike price $1,0700 (8210);

- The ratio of PUT/CALL was 1.29 versus 1.31 from the previous trading day according to data from November, 16

GBP/USD

Resistance levels (open interest**, contracts)

$1.5402 (1825)

$1.5305 (2643)

$1.5209 (1017)

Price at time of writing this review: $1.5177

Support levels (open interest**, contracts):

$1.5095 (2728)

$1.4997 (2824)

$1.4899 (2343)

Comments:

- Overall open interest on the CALL options with the expiration date December, 4 is 28429 contracts, with the maximum number of contracts with strike price $1,5600 (3583);

- Overall open interest on the PUT options with the expiration date December, 4 is 31998 contracts, with the maximum number of contracts with strike price $1,5050 (4489);

- The ratio of PUT/CALL was 1.13 versus 1.18 from the previous trading day according to data from November, 16

* - 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.

Economic calendar (GMT0):

Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual

00:30 Australia RBA Meeting's Minutes

The euro fell once again against the U.S. dollar amid ECB Draghi's comments that the quantitative easing program would be revised in December.

Investors are waiting for Data from the Centre for European Economic Research (ZEW) due later today.

The pound little changed ahead of inflation data, which may convince market participants that the Bank of England would be the next major central bank to raise interest rates after the Federal Reserve. A median forecast suggests a 0.1% y/y decline in consumer prices in October. The index is likely to post a 0.1% gain on a monthly basis in October after a 0.1% contraction in September.

The Australian dollar rose after the release of RBA meeting minutes, however later it started to decline. According to the minutes the RBA sees signs of further improvement in the Australian economy.

The New Zealand dollar declined against the greenback ahead of a global dairy auction. Milk powder is expected to lose 9%-10% of its price.

EUR/USD: the pair fell to $1.0655 in Asian trade

USD/JPY: the pair rose to Y123.45

GBP/USD: the pair fell to $1.5165

The most important news that are expected (GMT0):

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

09:30 United Kingdom Producer Price Index - Output (MoM) October -0.1% 0%

09:30 United Kingdom Producer Price Index - Input (YoY) October -13.3% -12%

09:30 United Kingdom Producer Price Index - Input (MoM) October 0.6% 0.2%

09:30 United Kingdom Producer Price Index - Output (YoY) October -1.8% -1.3%

09:30 United Kingdom Retail Price Index, m/m October -0.1% 0.1%

09:30 United Kingdom Retail prices, Y/Y October 0.8% 0.9%

09:30 United Kingdom HICP, m/m October -0.1% 0.1%

09:30 United Kingdom HICP, Y/Y October -0.1% -0.1%

09:30 United Kingdom HICP ex EFAT, Y/Y October 1.0% 1%

10:00 Eurozone ZEW Economic Sentiment November 30.1 35.2

10:00 Germany ZEW Survey - Economic Sentiment November 1.9 6

13:30 U.S. CPI, m/m October -0.2% 0.2%

13:30 U.S. CPI, Y/Y October 0.0% 0.1%

13:30 U.S. CPI excluding food and energy, m/m October 0.2% 0.2%

13:30 U.S. CPI excluding food and energy, Y/Y October 1.9% 1.9%

14:15 U.S. Capacity Utilization October 77.5% 77.5%

14:15 U.S. Industrial Production (MoM) October -0.2% 0.1%

14:15 U.S. Industrial Production YoY October 0.4%

15:00 U.S. NAHB Housing Market Index November 64 64

21:00 U.S. Total Net TIC Flows September -9.2

21:00 U.S. Net Long-term TIC Flows September 20.4

23:00 Australia Conference Board Australia Leading Index September -0.4%

23:30 Australia Leading Index October 0.1%

West Texas Intermediate futures for December delivery slid to $41.65 (-0.22%), while Brent crude is currently at $44.63 (+0.16%) as market participants turned their focus back to the persistent oversupply issue.

Analysts expect oil to meet 2016 at low prices. Many traders expect further price drops. The U.S. Commodity Futures Trading Commission reported that managers lowered their net long U.S. crude futures and options positions in New York and London by 27,456 contracts to 127,351 in the week ending November 10.

Gold declined to $1,078.50 (-0.47%) as expectations of an imminent interest rate hike in the U.S. outweighed the influence of attacks in Paris. Investors are waiting for FOMC meeting minutes to assess probability of a liftoff in rates in December.

On Monday French President Francois Hollande called on the U.S. and Russia to unite to fight ISIS following the attacks across Paris, and announced a set of measures to defeat terrorism in France.

Demand in top consumers China and India remained weak amid signs of weakness in the countries' economies.

U.S. stock indices recovered from losses triggered by Paris attacks and closed higher on Monday. Travel-related stocks remained under pressure; however experts say that the influence of events in Paris will not last long.

The Dow Jones Industrial Average rose 237.77 points, or 1.4%, to 17,483.24. The S&P 500 gained 30.15 points, or 1.5%, to 2,053.19 (all of its 10 sectors rose). The Nasdaq Composite climbed 56.73 points, or 1.2%, to 4,984.62.

NY Fed Empire State manufacturing index slightly improved in November, but missed forecasts. The index rose to -10.74 this month from -11.36 in October, while economists had expected a reading of -6.25 points.

Market participants are waiting for FOMC meeting minutes, which will be released on Wednesday. Earlier Fed Vice Chairman Stanley Fischer said that December might be the right time for a liftoff in the benchmark interest rate.

This morning in Asia Hong Kong Hang Seng surged 2.07%, or 456.39, to 22,467.21. China Shanghai Composite Index rose 1.36%, or 49.00, to 3.655.96. The Nikkei 225 gained 1.61%, or 312.89, to 19,706.58.

Asian indices rose following gains in U.S. equities. Japanese stocks were also supported by a weaker yen, which is favorable for exporters.