European session: the euro rose after the resumption of the Cyprus banks

07:00 United Kingdom Nationwide house price index March +0.2% +0.2% +0.0%

07:00 United Kingdom Nationwide house price index, y/y March 0.0% +0.9% +0.8%

07:00 Germany Retail sales, real adjusted February +3.1% -0.5% +0.4%

07:00 Germany Retail sales, real unadjusted, y/y February +2.4% -1.3% -2.2%

08:55 Germany Unemployment Change March -3 -2 +13

08:55 Germany Unemployment Rate s.a. March 6.9% 6.9% 6.9%

09:00 Eurozone M3 money supply, adjusted y/y February +3.6% +3.2% +3.3%

09:30 United Kingdom BOE Credit Conditions Survey Quarter I

11:00 Eurozone ECB Announces 3-Year LTRO Repayment March 1.936 7.01

Growth in the euro reacted safe return to work after the Cyprus banks tightening control over the movement of bank capital.

The single currency fell after the data on the growth of unemployment in Germany and the money supply in the eurozone. In March, the number of unemployed in Germany rose by 13 thousand, although the market is expected to fall by 2 thousand unemployment rate remained unchanged at 6.9%. In February, retail sales in the country declined by 2.2% y / y growth of 2.5% a month earlier. In monthly terms, sales grew by 0.4% vs. -0.5%. Eurozone reported that the growth rate of broad money aggregate M3 was 3.1% y / y, exceeding the forecast of 3.3%, but slowed down in comparison with before. of 3.5%, and private lending fell by 0.9% y / y, according to the forecast.

Bersani holds today with Italian President Napolitano meeting, during which we will know about the progress made in forming a new coalition government. Otherwise, the country will have to prepare for new elections. Economy Minister Grilli denied rumors of a possible downgrade of Italy.

British pound fluctuates against the dollar amid mixed statistics. Activity in the UK service sector grew in January at the fastest pace since August. Index of services the UK in January rose by 0.3% compared to the previous month and by 0.8% compared with the same period last year. Increase of activity in the service sector contributed business services, and financial and government services. Another report showed that house prices in the UK continued to rise in March. According to one of the nation's largest mortgage lenders, increase the availability of credit, together with the limited supply of housing will increase prices compared to the same period of the previous year for the first time in more than 12 months. House price index in March Nationwide unchanged compared to February, but rose by 0.8% compared to March 2012. This is the first annual increase since February last year, when the index rose by 0.9%.

EUR / USD: during the European session the pair fell to $ 1.2754, and then rose to $ 1.2823

GBP / USD: during the European session the pair updated high of $ 1.5176, and then dropped to a new low of $ 1.5111

USD / JPY: during the European session the pair fell to a new low Y93.86, and then rose to Y94.38

At 12:30 GMT, Canada will release the change in volume of GDP in January, and the index of commodity prices for February. In the U.S. at 12:30 GMT will the number of initial claims for unemployment insurance, the number of repeated applications for unemployment benefits in March, final data on the change in GDP, the GDP price index, an index of personal consumption expenditures, the main index for personal consumption expenditures 4 quarter, 13:45 GMT Chicago PMI index will be released in March. Finish the day Japan, where the 23:30 GMT will change the volume level of household spending in February, the index of consumer prices in Tokyo, including excluding prices for fresh food and energy prices for March, the consumer price index, including excluding prices for fresh food and energy in February, and will be released at 23:50 GMT preliminary data on industrial production for February.