{"id":12589,"date":"2015-05-04T04:36:46","date_gmt":"2015-05-04T04:36:46","guid":{"rendered":"http:\/\/www.icmarkets.com\/?p=12589"},"modified":"2015-05-20T08:26:36","modified_gmt":"2015-05-20T08:26:36","slug":"monday-4th-may-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/monday-4th-may-european-open-briefing\/","title":{"rendered":"Monday 4th May: European Open Briefing"},"content":{"rendered":"<h2 dir=\"ltr\">\n\tGlobal Markets:<br \/>\n<\/h2>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tAsian stock markets: Nikkei up 0.05 %, Shanghai Composite gained 0.85 %, Hang Seng rose 0.40 %, ASX climbed 0.10 %\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tCommodities: Gold at $1182.50 (+0.70 %), Silver at $16.28 (+0.90 %), WTI Oil at 59.08$ (-0.15 %), Brent Oil at $66.35 (-0.20 %)\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tRates: US 10 year yield at 2.112, UK 10 year yield at 1.85, German 10 year yield at 0.357\n\t\t<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\">\n\tNews &amp; Data:<br \/>\n<\/h2>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tChina HSBC Manufacturing PMI 48.9, Expected: 49.4, Previous: 49.2\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tAustralia MI Inflation Gauge 0.3 %, Previous: 0.4 %\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tAustralia Building Approvals 2.8 %, Expected: -2.0 %, Previous: -3.2 %\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tNew Zealand ANZ Commodity Price Index -7.4 %, Previous: 4.6 %\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tASIC: Pre RBA Decision Movements In AUD Result Of Low Liquidity Not Misconduct\n\t\t<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\">\n\tCFTC Positioning Data:<br \/>\n<\/h2>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tEUR net short 198K vs 215K short prior\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tJPY net short 6K vs 14K short prior\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tGBP net short 34K vs short 29K prior\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tAUD net short 27K vs short 34K prior\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tCAD net short 21K vs short 27K prior\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\tCHF net short 1K vs long 0K prior\n\t\t<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\">\n\tUpcoming Events:<br \/>\n<\/h2>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t08:45 BST &#8211; Italian Manufacturing PMI (53.5)\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t08:50 BST &#8211; French Manufacturing PMI (48.4)\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t08:55 BST &#8211; German Manufacturing PMI (51.9)\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t09:00 BST &#8211; Euro Zone Manufacturing PMI (51.9)\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t09:30 BST &#8211; Euro Zone Sentix Investor Confidence (19.8)\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t15:00 BST &#8211; US Factory Orders (2.0 % m\/m)\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t20:10 BST &#8211; FOMC Member Williams speaks\n\t\t<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\">\n\tThe Week Ahead (Key Data\/Events):<br \/>\n<\/h2>\n<p dir=\"ltr\">\n\tTuesday, May 05th\n<\/p>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t02:30 BST &#8211; Australian Trade Balance\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t05:30 BST &#8211; RBA Interest Rate Decision\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t05:30 BST &#8211; RBA Statement\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t09:30 BST &#8211; UK Construction PMI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t10:00 BST &#8211; Euro Zone PPI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t13:30 BST &#8211; Canadian Trade Balance\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t14:45 BST &#8211; US Services PMI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t15:00 BST &#8211; US ISM Non-Manufacturing PMI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t23:45 BST &#8211; New Zealand Unemployment Change\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t23:45 BST &#8211; New Zealand Unemployment Rate\n\t\t<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\">\n\tWednesday, May 06th<br \/>\n<\/h2>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t02:30 BST &#8211; Australia Retail Sales\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t02:45 BST &#8211; Chinese HSBC Services PMI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t08:45 BST &#8211; Italian Services PMI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t08:50 BST &#8211; French Services PMI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t08:55 BST &#8211; German Services PMI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t09:00 BST &#8211; Euro Zone Services PMI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t10:00 BST &#8211; Euro Zone Retail Sales\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t13:15 BST &#8211; US ADP Nonfarm Employment Change\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t14:15 BST &#8211; Fed Chair Yellen speaks\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t15:00 BST &#8211; Canadian Ivey PMI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t18:30 BST &#8211; FOMC Member Lockhart speaks\n\t\t<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\">\n\tThursday, May 07th<br \/>\n<\/h2>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t02:30 BST &#8211; Australia Employment Change\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t02:30 BST &#8211; Australia Unemployment Change\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t07:00 BST &#8211; German Factory Orders\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t13:30 BST &#8211; US Initial Jobless Claims\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t13:30 BST &#8211; Canadian Building Permits\n\t\t<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\">\n\tFriday, May 08th<br \/>\n<\/h2>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t03:00 BST &#8211; Chinese Trade Balance\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t06:45 BST &#8211; Swiss Unemployment Rate\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t07:00 BST &#8211; German Trade Balance\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t08:15 BST &#8211; Swiss CPI\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t09:30 BST &#8211; UK Trade Balance\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t13:30 BST &#8211; US NFP\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t13:30 BST &#8211; US Unemployment Rate\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t13:30 BST &#8211; Average Hourly Earnings\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t13:30 BST &#8211; Canadian Employment Change\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">\n\t\t\t13:30 BST &#8211; Canadian Unemployment Rate\n\t\t<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.05 %, Shanghai Composite gained 0.85 %, Hang Seng rose 0.40 %, ASX climbed 0.10 % Commodities: Gold at $1182.50 (+0.70 %), Silver at $16.28 (+0.90 %), WTI Oil at 59.08$ (-0.15 %), Brent Oil at $66.35 (-0.20 %) Rates: US 10 year yield at 2.112, UK 10 &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/monday-4th-may-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Monday 4th May: European Open Briefing<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":12469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/12589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=12589"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/12589\/revisions"}],"predecessor-version":[{"id":13098,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/12589\/revisions\/13098"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/12469"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=12589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=12589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=12589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}