European session: the euro retreated from the maximum value against the dollar

Data

07:00 Switzerland indicator of consumer activity from UBS September 1.32 1.56

08:00 Switzerland  index of leading economic indicators from the KOF October 1.53 1.56 1.72

08:55 Germany Changing the number of unemployed 25 September January 2

08:55 Germany Unemployment rate in September , seasonally adjusted 6.9 % 6.9 % 6.9 %

10:00 Eurozone business sentiment in October Revised to -0.19 -0.20 -0.18 -0.01

10:00 Eurozone Economic Sentiment October 96.9 97.2 97.8

10:00 Eurozone business optimism in the industry in October -6.7 -6.5 -4.8

12:15 U.S. Change ADP Employment Oct. 166151130

12:30 USA Consumer Price Index m / m in September +0.1 % +0.2 % +0.1 %

12:30 USA Consumer Price Index y / y in September +1.5 % +1.8 % +1.2 %

12:30 USA Consumer Price Index, the base value , m / m in September +0.1 % +0.2 % +0.2 %

12:30 USA Consumer Price Index, the base value , y / y in September +1.8 % +1.8 % +1.7 %

The euro exchange rate previously lost positions gained against the dollar, but in spite of this, continues to trade slightly higher .Note that initially the euro have supported the mixed employment data in Germany, as well as a positive report on the level of business and consumer confidence .

It is learned that the unemployment rate seasonally adjusted rose to a record in June 2011 values ​​, while the unemployment rate / p remained near record levels recorded before the reunification of Germany. In October, the unemployment rate fell by 47 800, while the total number of unemployed amounted to 2,801 million - with at least November 2012 . Index seasonally adjusted increased by 2 million , and the unemployment rate / p remained at 6.9%.

In the future, the German labor market is unlikely to show improvement , given the policy of the minimum wage , which was one of the key demands of the Social Democratic Party to form a grand coalition with the party of Merkel.

As for the report on the euro area , it showed that the sentiment indicator in the economy, which is a sensor sentiment among consumers and businesses, rose to 97.8 in October , up from 96.9 in September , while showing the highest value with August 2011 . Note that the level of confidence has increased among households and enterprises , but on the decline among retailers , service providers and construction firms.

However , we note that even weak reports on the U.S. ( by number of employees and the consumer price index ) , which were presented earlier, could not prevent the strengthening of the dollar as market participants are waiting for the announcement of the results of the two-day meeting of the Fed . Given the poor performance of the labor market and potrebdoveriyu , markets are confident that the Committee will keep the tone of the pigeon .

The Swiss franc rose against the dollar , which helped to data released today by Switzerland. The latter study , which were presented by the bank UBS, have shown that the consumption indicator for Switzerland has grown substantially in the last month, which basically helped increase sales of new cars, the recovery in the tourism sector and the retail sector . According to the report , consumption indicator rose in September to a level of 1.56 points, compared with 1.32 in August.

In addition, studies have revealed that the number of new car registrations rose again in September , reaching a level with 22600 units, and showing the second-best result in the last 10 years. We also add car sales increased by 7 percent compared with the same month of the previous year.

Experts UBS also reported that the positive trend in the retail sector continued in September, after a significant improvement in August , against which the value of the relevant index has increased to the level of six points, while showing the best results in the retail sector since June 2011 .

Tourism also seems to have recovered from the recession with the beginning of the year , the bank noted . The data showed that the number of overnight stays of Swiss citizens turned out in September, about 1.8 percent more than the same period last year.

Meanwhile, we add that Credit Suisse published October KOF barometer of the economic situation pointed to solid growth in gross domestic product of Switzerland in the third quarter - it rose to 1.72 from 1.53 .

EUR / USD: during the European session, the pair rose to $ 1.3777 , then dropped to $ 1.3750

GBP / USD: during the European session, the pair rose to $ 1.6077

USD / JPY: during the European session, the pair fell to Y98.06, before returning to Y98.20

At 18:00 GMT the United States planned publication of the FOMC decision on the basic interest rate , and the output of the accompanying statements of FOMC. At 20:00 GMT New Zealand RBNZ will announce its decision on the basic interest rate , and will release the accompanying statement . At 21:45 GMT New Zealand will report on changes in the volume of building permits issued in September