{"id":12674,"date":"2015-05-11T05:33:14","date_gmt":"2015-05-11T05:33:14","guid":{"rendered":"http:\/\/www.icmarkets.com\/?p=12674"},"modified":"2015-05-20T08:25:23","modified_gmt":"2015-05-20T08:25:23","slug":"monday-11th-may-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/monday-11th-may-european-open-briefing\/","title":{"rendered":"Monday 11th May: European Open Briefing"},"content":{"rendered":"<p>\n\t<strong>Global Markets:<\/strong>\n<\/p>\n<ul>\n<li>\n\t\tAsian stock market: Nikkei up 1.25 %, Shanghai Composite gained 1.20 %, Hang Seng rose 0.60 %, ASX dropped 0.10 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1187 (-0.15 %), Silver at $16.42 (-0.30 %), WTI Oil at $59.20 (-0.30 %), Brent Oil at $66.10 (-0.10 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 2.14, UK 10 year yield at 1.87, German 10 year yield at 0.54\n\t<\/li>\n<\/ul>\n<p>\n\t<strong>News &amp; Data:<\/strong>\n<\/p>\n<ul>\n<li>\n\t\tPBOC cuts rates by 25 bps\n\t<\/li>\n<li>\n\t\tChina&rsquo;s PBOC Still Has Room To Ease Monetary Policy &#8212; Securities Journal\n\t<\/li>\n<li>\n\t\tANZ Looking For The RBNZ To Cut In Both June &amp; July\n\t<\/li>\n<li>\n\t\tAustralia NAB Business Confidence 3.0, Previous: 3.0\n\t<\/li>\n<\/ul>\n<p>\n\t<strong>CFTC Positioning Data:<\/strong>\n<\/p>\n<ul>\n<li>\n\t\tEUR net short 190K vs 198K short prior\n\t<\/li>\n<li>\n\t\tJPY net short&nbsp; 31,183 vs 5,493 short prior\n\t<\/li>\n<li>\n\t\tGBP net short 24,758 vs. 34,128 short prior\n\t<\/li>\n<li>\n\t\tAUD net long 626 vs 27,405 short prior\n\t<\/li>\n<li>\n\t\tCAD net short 10,080 vs 20,909 short prior\n\t<\/li>\n<li>\n\t\tCHF net long 5,331 vs 1,335 long prior\n\t<\/li>\n<\/ul>\n<p>\n\t<strong>Upcoming Events:<\/strong>\n<\/p>\n<ul>\n<li>\n\t\t07:00 GMT &#8211; German WPI\n\t<\/li>\n<li>\n\t\t12:00 GMT &#8211; Bank of England Interest Rate Decision\n\t<\/li>\n<li>\n\t\t15:00 GMT &#8211; US CB Employment Trends Index\n\t<\/li>\n<\/ul>\n<p>\n\t<strong>The Week Ahead (Key Data\/Events):<\/strong>\n<\/p>\n<p>\n\t<u>Tuesday, May 12th<\/u>\n<\/p>\n<ul>\n<li>\n\t\t02:30 BST &#8211; Australian Home Loans\n\t<\/li>\n<li>\n\t\t09:30 BST &#8211; UK Industrial Production\n\t<\/li>\n<li>\n\t\t09:30 BST &#8211; UK Manufacturing Production\n\t<\/li>\n<li>\n\t\t15:00 BST &#8211; UK NIESR GDP Estimate\n\t<\/li>\n<li>\n\t\t17:45 BST &#8211; FOMC Member Williams speaks\n\t<\/li>\n<li>\n\t\t22:05 BST &#8211; RBNZ Governor Wheeler speaks\n\t<\/li>\n<\/ul>\n<p>\n\t<u>Wednesday, May 13th<\/u>\n<\/p>\n<ul>\n<li>\n\t\t00:50 BST &#8211; Japanese Current Account\n\t<\/li>\n<li>\n\t\t06:30 BST &#8211; Chinese Industrial Production\n\t<\/li>\n<li>\n\t\t07:00 BST &#8211; German GDP\n\t<\/li>\n<li>\n\t\t07:00 BST &#8211; German CPI &amp; HICP\n\t<\/li>\n<li>\n\t\t07:45 BST &#8211; French HICP\n\t<\/li>\n<li>\n\t\t08:00 BST &#8211; Spanish HICP\n\t<\/li>\n<li>\n\t\t09:00 BST &#8211; Italian GDP\n\t<\/li>\n<li>\n\t\t09:30 BST &#8211; UK Unemployment Rate\n\t<\/li>\n<li>\n\t\t09:30 BST &#8211; UK Average Earnings Index\n\t<\/li>\n<li>\n\t\t09:30 BST &#8211; UK Claimant Count Change\n\t<\/li>\n<li>\n\t\t10:00 BST &#8211; Euro Zone GDP\n\t<\/li>\n<li>\n\t\t10:00 BST &#8211; Euro Zone Industrial Production\n\t<\/li>\n<li>\n\t\t10:30 BST &#8211; Bank of England Governor Carney speaks\n\t<\/li>\n<li>\n\t\t10:30 BST &#8211; Bank of England Inflation Report\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US Retail Sales\n\t<\/li>\n<li>\n\t\t23:45 BST &#8211; New Zealand Retail Sales\n\t<\/li>\n<\/ul>\n<p>\n\t<u>Thursday, May 14th<\/u>\n<\/p>\n<ul>\n<li>\n\t\t13:30 BST &#8211; US In<a name=\"_GoBack\"><\/a>itial Jobless Claims\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US PPI\n\t<\/li>\n<\/ul>\n<p>\n\t<u>Friday, May 15th<\/u>\n<\/p>\n<ul>\n<li>\n\t\t08:15 BST &#8211; Swiss PPI\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US NY Empire State Manufacturing Index\n\t<\/li>\n<li>\n\t\t15:00 BST &#8211; US Michigan Consumer Sentiment\n\t<\/li>\n<\/ul>\n<p>\n\t&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock market: Nikkei up 1.25 %, Shanghai Composite gained 1.20 %, Hang Seng rose 0.60 %, ASX dropped 0.10 % Commodities: Gold at $1187 (-0.15 %), Silver at $16.42 (-0.30 %), WTI Oil at $59.20 (-0.30 %), Brent Oil at $66.10 (-0.10 %) Rates: US 10 year yield at 2.14, UK 10 &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/monday-11th-may-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Monday 11th 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-12674","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\/12674","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=12674"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/12674\/revisions"}],"predecessor-version":[{"id":13093,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/12674\/revisions\/13093"}],"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=12674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=12674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=12674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}