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Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:30 Australia Leading Index March 0.3% -0.3%
01:30 Australia CPI, q/q Quarter I 0.2% 0.1% 0.2%
01:30 Australia CPI, y/y Quarter I 1.7% 1.3% 1.3%
01:30 Australia Trimmed Mean CPI q/q Quarter I 0.6% Revised From 0.7% 0.6% 0.6%
01:30 Australia Trimmed Mean CPI y/y Quarter I 2.2% 2.2% 2.3%
02:00 China Leading Index March 1.4% Revised From 1.5% 2%
08:30 United Kingdom Bank of England Minutes
The U.S. dollar traded mixed against the most major currencies ahead the U.S. existing home sales data. The existing home sales in the U.S. are expected to increase to 5.04 million units in March from 4.88 million units in February.
The euro traded lower against the U.S. dollar as concerns over Greece's debt crisis weighed on the euro. Greece is running out of cash, and it needs a new tranche of loans. The Greek government hopes to unlock a new tranche of loans at the Eurogroup meeting on April 24. Some European officials expressed concerns that an agreement between Greece and its creditors will be signed this week.
The Greek Prime Minister Alexis Tsipras will meet German Chancellor Angela Merkel at EU summit in Brussels on Thursday.
The British pound climbed against the U.S. dollar after the Bank of England's (BoE) April meeting minutes. All MPC members voted to keep the central bank's monetary policy unchanged.
Two members of the nine MPC said that the decision not to hike interest rate in April was "finely balanced."
MPC members noted that the economy in the Eurozone grew strongly than expected.
EUR/USD: the currency pair decreased to $1.0724
GBP/USD: the currency pair climbed to $1.5078
USD/JPY: the currency pair traded mixed
The most important news that are expected (GMT0):
14:00 Eurozone Consumer Confidence (Preliminary) April -4 -3
14:00 U.S. Existing Home Sales March 4.88 5.04
14:00 U.S. Existing Home Sales, m/m March 1.2%
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