Expecting the important economic data of this week, in particular results of meetings of Bank of Japan and Bank of England, and also the US trade balance data and the US labor market survey rates of the basic currencies were stabilized.

Many market’s players expect that after the meeting Bank of Japan will announce the end of policy of quantitative appeasement, having lasted five years.

On Thursday in the USA foreign trade data will be published. It is expected that deficit of foreign trade in the USA made 67 billion dollars for January against 65.7 billion dollars in December.

And still, February indicators of employment in the USA, which will be issued on Friday, are basic for investors. According to the analysts’ forecast the number of new workplaces in the USA made 212 000 for February against 193 000 in January, and the unemployment rate made 4.48 % against 4.47 %.

On Wednesday, German economic institute RWI has raised its forecast concerning development of the largest economy of Eurozone for 2006 that is explained by a good situation with export and investments.

So gross domestic product of Germany will be up 1.8 % whereas in December of the last year it was predicted that growth would make 1.6 %. In 2007, on its forecast, gross domestic product will grow on 1.3 %.

RWI forecast for 2006 is more optimistical than the joint October forecast of six institutes according to which growth of gross domestic product should make 1.2 %.

The housing prices in Great Britain hiked in February, having stopped reduction of the last month and having confirmed that the housing market is alive.

According to Halifax the average price in February was up 1,4 % m/m and up 5,5 % y/y. The average price for the house now makes 173498 pounds against 170833 pounds in January.

Monthly growth has much more exceeded the expectations of +0,1 %, and an annual indicator is also above the predicted +4,9 %.

In January monthly falling made 0,4 %, and annual growth - 5,1 %.

The indicator has considerably exceeded an expected level and supports a rate of the British pound.

As the US Cabinet of statistics informed the index of current conditions was up 1,4 points in February concerning January 53,5, having remained above a mark 50 the 10 month in a row.

Data showed growth in February the third time for four months.

The reserve bank of New Zealand has declared that the official interest rate, set by the bank, will remain at a former level of 7.25 %.