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28.02.2014 13:16

European session: the euro rose

07:00 United Kingdom Nationwide house price index February +0.7% +0.6% +0.6%

07:00 United Kingdom Nationwide house price index, y/y February +8.8% +9.0% +9.4%

07:00 Germany Retail sales, real adjusted January -2.5% +1.2% +2.5%

07:00 Germany Retail sales, real unadjusted, y/y January -2.4% +0.1% +0.9%

07:45 France Consumer spending January -0.1% -0.8% -2.1%

07:45 France Consumer spending, y/y January +1.4% +1.4% -0.5%

08:00 Switzerland KOF Leading Indicator February 2.01 Revised From 1.98 2.03 2.03

10:00 Eurozone Harmonized CPI, Y/Y (Preliminary) February +0.7% +0.7% +0.8%

10:00 Eurozone Unemployment Rate January 12.0% 12.0% 12.0%

The euro rose against the dollar after U.S. data on inflation and unemployment in the eurozone. Eurozone inflation was 0.8 percent for the third month in a row in February , showed preliminary estimate of Eurostat , published on Friday . Inflation is projected to slow down to was 0.7 percent. Inflation has remained below the target of the European Central Bank " below but close to 2 percent," the thirteenth consecutive month and is in the four-year low .

The unemployment rate in the euro area remained at 12 per cent from October , showed on Friday Eurostat data . Result is consistent with economists' expectations . In January, 19.17 million people were unemployed in the euro area . The number of people unemployed increased by 17,000 in December , while it fell by 67,000 in January 2013.

Another report showed that German retail sales rose more than expected in January compared with the previous month , on Friday showed the data published by the Federal Statistical Office. Retail sales rose a seasonally adjusted and calendar corrections by 2.5 percent on a monthly measurement , offsetting a decline of 2 percent in December . Economists had expected an increase of 1 percent. In annual terms, sales rose 0.9 percent in January , after falling 1.5 percent in the previous month . Economists had forecast a decline of 1.7 percent.

The British pound rose against the dollar on housing data and potrebdoveriyu . UK consumer confidence remained unchanged in February at the highest level in more than six years , as personal financial expectations improved by expanding the background of economic recovery. The consumer confidence index remained unchanged at -7 in February , the highest level since September 2007 , data showed on Friday, the latest survey GfK NOP. Result noted significant improvement since last February , when the index reached -26 . The survey showed that two of the five indicators used to calculate the index , fell this month , the two sub-indices increased , and one remained unchanged.

Housing prices in the UK rose significantly more rapidly in February , with more than economists forecast , data showed a survey released on Friday Nationwide. The housing price index rose by 9.4 per cent per annum, after increasing 8.8 percent in January. Economists had expected growth in February at 9 percent. Prices rose twelfth consecutive month. The rise in prices reflects an increase in demand for new homes , supported by record low interest rates , improving access to credit and rising consumer confidence .

House prices in the UK averaged 177,846 pounds in February , which is higher than 176,491 pounds a month earlier . House prices rose a seasonally adjusted 0.6 percent compared to January , when the index recorded an increase of 0.8 percent , which was revised from 0.7 per cent . In February, a result in line with expectations of economists.


EUR / USD: during the European session, the pair rose to $ 1.3813


GBP / USD: during the European session, the pair rose to $ 1.6768 and retreated

USD / JPY: during the European session, the pair dropped to Y101.55


At 13:30 GMT , Canada will release the GDP change in December. In the U.S. at 13:30 GMT will be released updated information on changes in the volume of GDP, the GDP price index , the index of personal consumption expenditures , the main index of personal consumption expenditures for the 4th quarter , in 14:45 GMT - Index Chicago PMI, at 14:55 GMT - indicator consumer confidence from the University of Michigan in February, at 15:00 GMT - the change in volume of pending home sales for January.



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