At Friday tenders the tendency of dollar easing proceeded even despite reduction of trade deficit and significant growth of the US import price index.

low value of University of Michigan index put pressure upon a dollar exchange rate.

Besides, the probability of June increase of interest rates of the USA decreased.

On Friday the report on the US trade balance was published, which showed essential reduction of deficit in March while all expected its further growth.

As the US Department of Commerce informed trade deficit reduced in March to 62 billion dollars. The indicator was unexpectedly better than the forecast and reached a maximum level since August of the last year. Reduction of deficit is observed the second straight month.

Economists forecast expansion of the gap to 67.3 billion dollars.

The rise in import prices in the USA made 2.1 % in April against forecasts of +1.4 %. The parameter is maximal since September, 2005.

The export price index in the USA for April made +0.6 % against the previous value of +0.2 %. The given indicator also was at a high level.

According to the data of research of Michigan University, published on Friday, in May consumer sentiment slumped to the minimal value since October, 2005.

The index of consumers’ confidence to economy fell to 79.0 against 87.4 in April. Economists expected only insignificant drop in the index to 86.7.

The index was much worse than the forecast and reached a minimum level since October of the last year.

The index of an estimation of current conditions decreased to 96.2 from 109.2, and the index of expectations - to 68.0 from 73.4. The given parameter also became minimal since October.

The consumer price index in Germany in April was up 0.4 % in monthly calculation, and up 2.0 % year over year.

These data are in line with the preliminary estimations, published on April, 25th.

Final value of the harmonized consumer price index in Germany for April made +2.3 % for a year, that is also in line with the forecast and preliminary value.

The consumer price index in April in France grew 0.4 % against March growth of 0.3 %.

In annual calculation the given index rose 1.7 %. Data have coincided with analysts’ forecasts.

Preliminary value of the harmonized consumer price index in France for April made +2.0 % y/y against the previous value of +1.7 %.

As the Ministry of Finance of France informed in March deficit of foreign trade was again observed.

Deficit of foreign trade of France made 1.96 billion euro in comparison with a level of 2.19 billion euro in February.