Markets in anticipation of the meeting of the Eurogroup and the unemployment figures in the UK

Monday:

Eurogroup meeting
01:50 Japan: GDP
06:30 Japan: Industrial production
12:00 Eurozone: Trade Balance

Tuesday:

11:30 UK: Inflation rate
12:00 Germany: Economic Expectations
15:30 US: Empire state manufacturing index
19:00 SNB chairman Jordan Speaks

Wednesday:

Monetary policy statement and BOJ Press Conference
11:30 UK: Average Income
11:30 UK: Unemployment rate
11:30 MPC official bank rate votes
15:30 USA: Building permits
15:30 US: PPI
21:00 FOMC minutes
23:45 NZD PPI

Thursday:

01:50 Japan: Trade balance
09:45 France: Inflation rate
10:30 Germany: Manufacturing PMI
17:00 US: FED manufacturing index

Friday:

09:00 Germany: PPI
10:00 France: Manufacturing PMI
10:30 Germany: Manufacturing PMI
11:00 Eurozone: Manufacturing PMI
11:30 UK: Retail Sales
15:30 Canada: Retail Sales
16:45 USA: Manufacturing PMI

Next week the focus of investors will focus on the Eurogroup meeting PMI manufacturing indices in the US and Europe, Japan's GDP and unemployment rate of the UK.

Monday's early session will begin with important data from Japan in 1:50 for gross domestic product for the fourth quarter of last year, is expected to increase to 0.9% compared to 0.5% the previous quarter. On an annual basis is expected to increase to 3.7% compared to -1.9% for the previous period. Possible increase of JPY if the data warrant.

At 12:00 we expect the trade balance of Europe, analysts will see a slight increase to 20.5V to 20.0V for the previous period.

During the day we expect the Eurogroup meeting, which will probably take important decisions on the future financing of Greece. We must be careful on the market because it is likely to have sudden movements in the euro.

Tuesday: Important data from the UK at 11:30 am on the level of inflation, which changed not expected data likely to remain 0.5% yoy. Possible increase in volatility after Release.

At 12:00 will make clear the level of ZEW economic expectations. Analysts predict an increase to 55.0 to 48.4 for the previous reporting period. It is possible to increase the euro and the German index if the data warrant.

At 15:30 the US will see the results on NY Empire State Manufacturing Index, which is likely to show a reduction to 9.00 to 9.95 points in the previous period.

At 19:00 there will be a statement by the President of the Swiss Central Bank, Jordan Thomas. During statement possible high volatility in the Swiss franc

Wednesday: We expect a report on the monetary policy of Japan, and then a press conference on BOJ. Possible volatility during the press conference

At 11:30 we expect data from the UK average earnings, which change the values of 1.7% is not expected. At the same time we expect the unemployment rate in the country, and previously reported data showed 5.8%. Analysts say the change will not see. At the same time we also expect the MPC official bank rate votes. Possible increase in volatility in the minutes about Release.

US session expect at 15:30 important news for building permits, the expectations are for a slight increase to 1.060M to 1.058M for the previous period. At the same time, investors will focus attention to the PPI index in the region, which is forecast to fall to -0.4% compared to -0.3% for the previous period. When better data are possible renewed increases in dollar and stock indices.

At 16:15 Release is expected for industrial production in the US and is projected to see an increase to 0.3% compared to -0.1% last month, which can have a positive impact on the currency.

21:00 there will be a statement from the FOMC, as is the statement to influence the dollar

23:45 PPI in New Zealand is forecast to -0.2% compared to -1.1% for the previous period. If the forecasts come true we might see a new short-term appreciation of the dollar-zelandskiya

Thursday: In the Asian session we expect data on the values of exports, which is expected to hold 12.9 percent and imports which are also not expected to be changed by 1.9%. Trade balance will also become clear at that time, for it is forecast to -661V

At 9:45 investors will focus attention to the level of inflation in France is expected to remain slightly above zero 0.1%.

At 10:30 Germany expect data on production and PMI in services.

At 17:00 in the US will see the results on the manufacturing index Philadelphia Fed, which analysts say will show an increase to 9.0 to 6.3 points in the previous period.

Friday: From 1:30 in Japan will see Tankan index, which last month showed 9 points, and changes are not expected.

At 3:35 we expect the manufacturing PMI data from Japan, and the forecasts are for the preservation of the values of 52.2 points.

At 9:00 German investors will focus attention to the PPI index that a monthly basis is expected to show values of -0.7% and they were for the previous month, which can lower the euro. At 10:30 from Germany will see results for manufacturing PMI index will probably show an increase to 51.5 STOP 50.9 points in the previous period.

At 11:00 the Eurozone will make clear the level of manufacturing PMI, and expectations are for a slight increase to 51.4 to 51.0 points in the previous period. Possible increase of volatility after Release.

At 11:30 UK will turn our attention to retail sales, while better data than previously reported 0.4% is likely to see an increase in GBP.

At 15:30 of Canada also expect data on retail sales, change from past values of 0.4% is expected. It is possible that a change to see sharp movements in the Canadian dollar.

At 16:45 the US will make clear the level of manufacturing PMI, and forecast to increase to 54.0 from 53.9 points . Posible an increase in the dollar on better data.

Varchev Finance