Decision announcement on the basic discount rate Bank of Canada and German indexes of economic expectations ZEW and business climate IFO are the main events of current week. Now about all is more detailed …

On Monday of the important statistical releases it is not expected: at 14:00 GMT there is an index of the Leading Indicators for March. Indicator decrease on 0.2 % against-0.4 % is expected before month.

On Tuesday the basic attention will be given the European session which will be sated by inflationary indicators of Britain, and also an exit of an index of economic expectations ZEW (at 09:00 GMT). At 13:00 GMT the decision under the rate will announce Bank of Canada. At present the rate makes 0.50 %.

On Wednesday the data from Great Britain among which the data from a labour market, and also the publication of the report of last session ÌÐÑ of Bank of England. The Attention of participants of the market will be involved in accompanying comments to the report with a view of clearing of a picture concerning prospects of a monetary policy of Bank of England is planned only.

On Thursday there are tentative estimations of industrial activity of the European countries: France, Germany, Italy, Britain and the Eurozone as a whole. Canada will give the data on retails for February, and the USA – traditional weekly index of jobless claims in the USA to be released at 12:30 GMT The increase in references to 628Ê with 610Ê for a week on April, 18th is expected. At 14:00 GMT there are indicators of Existing Home Sales of the USA for March. Analysts predict reduction of sales to 4.67 million y/y against 4.72 million y/y.

On Friday the exit of an index of Business Climate from German research institute IFO (at 08:00 GMT) becomes the basic event at the European auctions. Later, at 08:30 GMT, Britain will publish the preliminary data on growth of gross national product of the country in I quarter. At 12:30 GMT there is a report under Durable Goods Orders in the USA. Indicator decrease in March on 1.3 % against +3.5 % is expected before month. At 14:00 GMT figures on New Home Sales in the USA in March become known. Growth to 339Ê ã/ã with 337Ê ã/ã is predicted.

Have a nice day! Alex Sabodin.                                                       

Pro Finance Group Inc.