[B]Intra-day Market Moving News and Views
04 May 2015[/B] [I]00:05GMT[/I]
[B]EUR/USD - 1.1191[/B].. A piece of mildly euro-supportive news which came out during NZ morning, Reuters reported negotiations between Greece and its international lenders over reforms to unlock remaining bail out aid have made headway and an agreement could be closer this month, a gov't official said on Sunday.
“There were very important steps made at the Brussels Group (talks) which bring an agreement nearer,” the official said, declining to be named. “All sides aim for an agreement at a Brussels Group level within May.”
The talks between technical teams from Athens and EU/IMF/ECB lenders are expected to resume on Monday, the official said after the country’s chief negotiators met with PM Alexis Tsipras.
A EZ official also said there was convergence on some issues but sticking points remained n that talks were expected to continue through Wednesday.
Athens hopes that a successful conclusion of the negotiations at the so-called Brussels Group could lead to recognition of the progress by the Eurogroup of EZ finance ministers n bring some liquidity relief.
[B]Data to be released this week: [/B]
Japan market holiday, Australia building approvals, China manufacturing PMI, Swiss manufacturing PMI, Italy manufacturing PMI, France manufacturing PMI, Germany manufacturing PMI, UK market holiday, EU manufacturing PMI, sentix index, U.S. factory orders and durable goods [B]on Monday.[/B]
Australia new home sales, exports, imports, trade balance, RBA rate decision, France budget balance, UK construction PMI, EU producer prices, Canada imports, exports, trade balance, U.S. trade balance, redbook retail sales, ISM non-manufacturing and services PMI [B]on Tuesday.[/B]
New Zealand labour cost, unemployment rate, Japan market holiday, Australia retail sales, China services PMI, Italy services PMI, France services PMI, Germany services PMI, EU services PMI, retail sales, UK services PMI, Canada Ivey PMI and U.S. ADP employment [B]on Wednesday.[/B]
Australia unemployment, Japan services PMI, Germany factory orders, France exports, imports, trade balance, U.S. jobless claims and Canada building permits [B]on Thursday.[/B]
Japan BoJ meeting minutes, Australia RBA monetary policy statement, China exports, imports, trade balance, Swiss unemployment rate, Germany industrial production, exports, imports, trade balance, current account, Italy industrial output and UK trade balance [B]on Friday.[/B]