Foreign exchange market. European session: the euro traded lower against the U.S. dollar as concerns over Greece's debt problems

Economic calendar (GMT0):

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

00:00 Australia HIA New Home Sales, m/m February 1.8% 1.1%

00:00 New Zealand ANZ Business Confidence February 34.4 35.8

00:30 Australia Private Sector Credit, m/m February 0.6% 0.5% 0.5%

00:30 Australia Private Sector Credit, y/y February 6.2% 6.2%

05:00 Japan Housing Starts, y/y February -13.0% -7.0% -3.1%

06:00 Germany Retail sales, real adjusted February 2.3% Revised From 2.9% -0.9% -0.5%

06:00 Germany Retail sales, real unadjusted, y/y February 5.0% Revised From 5.3% 3.7% 3.6%

06:45 France Consumer spending February 0.7% Revised From 0.6% 0.3% 0.1%

06:45 France Consumer spending, y/y February 2.6% 3.0%

07:55 Germany Unemployment Change March -20 -10 -14K

07:55 Germany Unemployment Rate s.a. March 6.5% 6.5% 6.4%

08:30 United Kingdom Business Investment, q/q Quarter IV -1.4% -0.9%

08:30 United Kingdom Business Investment, y/y Quarter IV 2.1% 3.7%

08:30 United Kingdom Current account, bln Quarter IV -27.7 -21.2 £-25.3B

08:30 United Kingdom GDP, q/q (Finally) Quarter IV 0.5% 0.5% 0.6%

08:30 United Kingdom GDP, y/y (Finally) Quarter IV 2.7%` 2.7% 3.0%

09:00 Eurozone Unemployment Rate February 11.4% Revised From 11.2% 11.2% 11.3%

09:00 Eurozone Harmonized CPI, Y/Y (Preliminary) March -0.3% -0.3% -0.1%

The U.S. dollar traded mixed against the most major currencies ahead of the U.S. economic data. The S&P/Case-Shiller home price index is expected to rise by 4.6% in January, after a 4.5% gain in December.

The U.S. consumer confidence is expected to increase to 96.6 in March from 96.4 from February.

The Chicago purchasing managers' index is expected to climb to 52.5 in March from 45.8 in February.

The euro traded lower against the U.S. dollar as concerns over Greece's debt problems weighed on the euro. The Greek government failed to reach an agreement with its creditors on Monday.

The consumer inflation in the Eurozone rose to an annual rate of -0.1% in March from -0.3% in February. Analysts had expected a 0.3% drop. Lower energy prices weighed on the consumer inflation.

Eurozone's unemployment rate fell to 11.3% in February from 11.4% in January. January's figure was revised down from 11.2%. Analysts had expected the unemployment rate to decline to 11.2%.

The number of unemployed people in Germany declined by 14,000 in March, exceeding expectations for a 10,000 decline, after a 20,000 drop in February.

Germany's adjusted unemployment rate was down to 6.4% in March from 6.5% in February. Analysts had expected the unemployment rate to remain unchanged 6.5%.

German adjusted retail sales fell 0.5% in February, beating forecasts of a 0.9% drop, after a 2.3% gain in January. January's figure was revised down from a 2.9% increase.

French consumer spending increased 0.1% in February, missing expectations for a 0.3% gain, after a 0.7% rise in January. January's figure was revised up from a 0.6% increase.

The British pound traded higher against the U.S. dollar after the better-than-expected economic data from the U.K. The gross domestic product in the U.K. rose 0.6% in the fourth quarter, up from a previous estimate of 0.5% gain, exceeding expectations for a 0.5% rise.

On a yearly basis, the U.K. GDP increased 3.0% in the fourth quarter, up from a previous estimate of 2.7% rise, exceeding expectations for a 2.7% gain.

The U.K. current account deficit narrowed to £18.5 billion in the fourth quarter from £27.7 billion in the third quarter. The third quarter's figure was revised down from a deficit of £27.0 billion. Analysts had expected the current account deficit to decrease to £21.2 billion.

Business Investment in the U.K. rose 0.9% in fourth quarter, after a 1.4% rise the previous quarter.

On a yearly basis, business Investment in the U.K. surged 3.7% in fourth quarter, after a 2.1% increase the previous quarter.

The Canadian dollar traded lower against the U.S. dollar ahead of Canadian GDP data. Canada's GDP is expected to rise 0.2% in January, after a 0.3% gain in December.

EUR/USD: the currency pair fell to $1.0712

GBP/USD: the currency pair increased to $1.4813

USD/JPY: the currency pair declined to Y119.83

The most important news that are expected (GMT0):

12:00 U.S. FOMC Member Laсker Speaks

12:30 Canada GDP (m/m) January 0.3% 0.2%

12:50 U.S. FOMC Member Dennis Lockhart Speaks

13:00 U.S. S&P/Case-Shiller Home Price Indices, y/y January 4.5% 4.6%

13:45 U.S. Chicago Purchasing Managers' Index March 45.8 52.5

14:00 U.S. Consumer confidence March 96.4 96.6

20:30 U.S. API Crude Oil Inventories March 4.8

22:30 Australia AIG Manufacturing Index March 45.4

23:50 Japan BoJ Tankan. Manufacturing Index Quarter I 12 14

23:50 Japan BoJ Tankan. Non-Manufacturing Index Quarter I 16 17