Foreign exchange market. Asian session: euro little changed

Economic calendar (GMT0):

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

06:00 Germany Gfk Consumer Confidence Survey July 10.2 10.2 10.1

The euro traded without significant changes amid uncertainty over Greece's negotiations. The latest discussion ended at night with no agreement. Negotiations are expected to be resumed today. Media reported that Greece and its lenders still disagree on pension reform, labor legislation, taxation, wages in the Greek public sector and investment.

The U.S. dollar declined against the yen after yesterday's data showed that the U.S. economy contracted in the first quarter. According to report by the Department of Commerce, U.S. GDP fell by 0.2% y/y in the first quarter in line with analysts' expectations. An earlier report suggested a 0.7% drop, but revisions had shown that personal consumption added more than it was presumed in the initial report.

EUR/USD: the pair has traded around $1.1200 this morning

USD/JPY: the pair declined to Y123.60

GBP/USD: the pair traded around $1.5700

The most important news that are expected (GMT0):

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

08:00 Switzerland SNB Chairman Jordan Speaks

12:30 U.S. Continuing Jobless Claims June 2222 2215

12:30 U.S. Initial Jobless Claims June 267 272

12:30 U.S. Personal Income, m/m May 0.4% 0.5%

12:30 U.S. Personal spending May 0.0% 0.7%

12:30 U.S. PCE price index ex food, energy, m/m May 0.1% 0.1%

12:30 U.S. PCE price index ex food, energy, Y/Y May 1.2% 0.8%

13:45 U.S. Services PMI (Preliminary) June 56.2 56.7

13:45 U.S. FOMC Member Jerome Powell Speaks

16:10 Canada BOC Deputy Governor Lawrence Schembri Speaks

22:45 New Zealand Trade Balance, mln May 123 -100

23:30 Japan Unemployment Rate May 3.3% 3.3%

23:30 Japan Household spending Y/Y May -1.3% 3.4%

23:30 Japan Tokyo Consumer Price Index, y/y June 0.5%

23:30 Japan Tokyo CPI ex Fresh Food, y/y June 0.2% 0.1%

23:30 Japan National Consumer Price Index, y/y May 0.6%

23:30 Japan National CPI Ex-Fresh Food, y/y