{"id":13075,"date":"2015-04-24T05:26:10","date_gmt":"2015-04-24T05:26:10","guid":{"rendered":"http:\/\/www.icmarkets.com\/?p=12510"},"modified":"2015-05-20T08:27:24","modified_gmt":"2015-05-20T08:27:24","slug":"friday-24th-april-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/friday-24th-april-european-open-briefing\/","title":{"rendered":"Friday 24th April: European Open Briefing"},"content":{"rendered":"<p>\n\t<strong>Global Markets:<\/strong>\n<\/p>\n<ul>\n<li>\n<p>\n\t\t\tAsian stock markets: Nikkei down 0.80 %, Shanghai Composite lost 1.80 %, Hang Seng declined 0.60 %, ASX rose 1.40 %\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\tCommodities: Gold at $1190 (-0.30 %), Silver at $15.77 (-0.30 %), WTI Oil at $57.42 (-0.60 %), Brent Oil at $64.58 (-0.40 %)\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\tRates: US 10 year yield at 1.958, UK 10 year yield at 1.689, German 10 year yield at 0.164\n\t\t<\/p>\n<\/li>\n<\/ul>\n<p>\n\t<strong>News &amp; Data:<\/strong>\n<\/p>\n<ul>\n<li>\n<p>\n\t\t\tJapan FinMin Aso: Continues To Expect BoJ To Carry Out Monetary Easing &#8212; BBG\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\tBoJ Governor Kuroda: Still Halfway To Meeting Inflation Target, Output Gap At 0 Will Improve Ahead &#8212; RTRS\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\tPBOC Governor Zhou: China Targets More Freely Usable Yuan &#8212; BBG\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\tAsian shares take cue from Nasdaq record &#8211; RTRS\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\tDollar slips on home data, euro climbs on Greek hopes &#8211; RTRS\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\tOil prices edge down from 2015-highs, but set for weekly gains &#8211; RTRS\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\tAsian Stocks Head for Fourth Weekly Gain; Nikkei Retreats on Yen &#8211; BBG\n\t\t<\/p>\n<\/li>\n<\/ul>\n<p>\n\t<strong>Markets Update:<\/strong>\n<\/p>\n<p>\n\tIt was a very quiet trading session overnight, with no major data releases or notable news. The USD is weaker after another bad econ data release yesterday, this time in form of New Home Sales. EUR\/USD rallied above 1.08 and extended gains to 1.0845. GBP\/USD made it back above 1.5050 despite disappointing UK retail sales data the previous morning. The main events today will be the IFO numbers in the EU session and the US Durable Goods Orders figures in the NY session. Another bad US data print could put the USD under further pressure and pave the way for another 1.10 test in EUR\/USD.\n<\/p>\n<p>\n\t<strong>Upcoming Events:<\/strong>\n<\/p>\n<ul>\n<li>\n<p>\n\t\t\t09:00 BST &#8211; German IFO Business Climate (108.4)\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\t09:00 BST &#8211; German IFO Current Assessment (112.4)\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\t09:00 BST &#8211; German IFO Business Expectations (104.5)\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\t13:30 BST &#8211; US Core Durable Goods Orders (0.3 %)\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\t13:30 BST &#8211; US Durable Goods Orders (0.6 %)\n\t\t<\/p>\n<\/li>\n<li>\n<p>\n\t\t\t15:30 BST &#8211; Bank of Canada Governor Poloz speaks\n\t\t<\/p>\n<\/li>\n<\/ul>\n<p>\n\t&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei down 0.80 %, Shanghai Composite lost 1.80 %, Hang Seng declined 0.60 %, ASX rose 1.40 % Commodities: Gold at $1190 (-0.30 %), Silver at $15.77 (-0.30 %), WTI Oil at $57.42 (-0.60 %), Brent Oil at $64.58 (-0.40 %) Rates: US 10 year yield at 1.958, UK 10 &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/friday-24th-april-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Friday 24th April: 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-13075","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\/13075","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=13075"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/13075\/revisions"}],"predecessor-version":[{"id":13104,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/13075\/revisions\/13104"}],"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=13075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=13075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=13075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}