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    Foreign exchange market. European session: the euro traded lower against the U.S. dollar despite the mostly better-than-expected data from the Eurozone | 26.02.2015

     

    Economic calendar (GMT0):

     

     

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

     

     

    00:30 Australia Private Capital Expenditure Quarter IV 0.6% Revised From 0.2% -1.3% -2.2%

    07:00 United Kingdom Nationwide house price index February 0.3%

    07:00 United Kingdom Nationwide house price index, y/y February 6.8%

    07:00 Germany Gfk Consumer Confidence Survey March 9.3 9.6 9.7

    08:55 Germany Unemployment Change February -10 Revised From -9 -10 -20

    08:55 Germany Unemployment Rate s.a. February 6.5% 6.5% 6.5%

    09:00 Eurozone M3 money supply, adjusted y/y January 3.6% 3.8% 4.1%

    09:00 Eurozone Private Loans, Y/Y January -0.5% -0.3% -0.1%

    09:30 United Kingdom Business Investment, q/q Quarter IV -1.2% Revised From -1.4% 2.3% -1.4%

    09:30 United Kingdom Business Investment, y/y Quarter IV 6.3% Revised From 2.7% 2.1%

    09:30 United Kingdom GDP, q/q (Revised) Quarter IV 0.5% 0.5% 0.5%

    09:30 United Kingdom GDP, y/y (Revised) Quarter IV 2.7% 2.7% 2.7%

    10:00 Eurozone Business climate indicator February 0.16 0.1

    10:00 Eurozone Economic sentiment index February 101.4 Revised From 101.2 102.0

    10:00 Eurozone Industrial confidence February -5 -4.7

    The U.S. dollar traded mixed to higher against the most major currencies ahead the U.S. economic data. The U.S. durable goods orders are expected to increase 1.7% in January, after a 3.3% drop in December.

     

     

    The U.S. durable goods orders excluding transportation are expected to rise 0.6% in January, after a 0.8% fall in December.

     

     

    The U.S. consumer price inflation is expected to decline 0.6% in January, after a 0.4% drop in December.

     

     

    The U.S. consumer price index excluding food and energy is expected to rise 0.1% in January, after a flat reading in December.

     

     

    The number of initial jobless claims in the U.S. is expected to rise by 2,000 to 285,000.

     

     

    The euro traded lower against the U.S. dollar despite the mostly better-than-expected data from the Eurozone. The number of unemployed people in Germany declined by 20,000 in February, exceeding expectations for a 10,000 decline, after a 10,000 drop in January. January's figure was revised up from a 9,000 decrease.

     

     

    Germany's adjusted unemployment rate remained unchanged at 6.5% in February, in line with expectations.

     

     

    The Gfk German consumer confidence index increased to 9.7 in March from 9.3 in February, beating forecasts for a rise to 9.6.

     

     

    Eurozone's adjusted M3 money supply rose 4.1% in January, exceeding expectations for a 3.8% increase, after a 3.6 gain in December.

     

     

    Concerns over Greek bailout programme still weigh on the euro.

     

     

    The British pound fell against the U.S. dollar after the U.K. economic data. The U.K. revised GDP (gross domestic product) climbed by 0.5% in the fourth quarter, in line with expectations and the previous estimate.

     

     

    On a yearly basis, the U.K. revised GDP gained 2.7% in the fourth quarter, in line with expectations and the previous estimate.

     

     

    The U.K. business investment fell 1.4% in the fourth quarter, missing forecasts for a 2.3% gain, after a 1.2% decline in the third quarter. The third quarter's reading was revised up from a 1.4% drop.

     

     

    The Canadian dollar fell against the U.S. dollar ahead of Canadian consumer price inflation data. The consumer price index in Canada is expected to decline to 0.6% in January, after a 0.4% fall in December.

     

     

    The core consumer price index in Canada is expected to rise 0.1% in January, after a 0.3 decline in December.

     

     

    EUR/USD: the currency pair fell to $1.1312

     

     

    GBP/USD: the currency pair declined to $1.5487

     

     

    USD/JPY: the currency pair traded mixed

     

     

    The most important news that are expected (GMT0):

     

     

    13:30 Canada Consumer Price Index m / m January -0.7% -0.3%

    13:30 Canada Consumer price index, y/y January 1.5%

    13:30 Canada Bank of Canada Consumer Price Index Core, m/m January -0.3% 0.1%

    13:30 Canada Bank of Canada Consumer Price Index Core, y/y January 2.2%

    13:30 U.S. Durable Goods Orders January -3.3% Revised From -3.4% 1.7%

    13:30 U.S. Durable Goods Orders ex Transportation January -0.8% 0.6%

    13:30 U.S. Initial Jobless Claims February 283 285

    13:30 U.S. CPI, m/m January -0.4% -0.6%

    13:30 U.S. CPI, Y/Y January 0.8%

    13:30 U.S. CPI excluding food and energy, m/m January 0.0% 0.1%

    13:30 U.S. CPI excluding food and energy, Y/Y January 1.6%

    18:00 U.S. FOMC Member Dennis Lockhart Speaks

    21:45 New Zealand Building Permits, m/m January -2.1%

    23:30 Japan Unemployment Rate January 3.4% 3.4%

    23:30 Japan Household spending Y/Y January -3.4% -4.0%

    23:30 Japan Tokyo Consumer Price Index, y/y February 2.3%

    23:30 Japan Tokyo CPI ex Fresh Food, y/y February 2.2% 2.2%

    23:30 Japan National Consumer Price Index, y/y January 2.4%

    23:30 Japan National CPI Ex-Fresh Food, y/y January 2.5% 2.4%

    23:50 Japan Retail sales, y/y January 0.1% Revised From 0.2% -1.1%

    23:50 Japan Industrial Production (MoM) (Preliminary) January 0.8% 3.1%

    23:50 Japan Industrial Production (YoY) (Preliminary) January 1.0%


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