{"id":14685,"date":"2015-09-16T10:32:33","date_gmt":"2015-09-16T05:02:33","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=14685"},"modified":"2015-09-16T10:32:56","modified_gmt":"2015-09-16T05:02:56","slug":"wednesday-16th-september-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/wednesday-16th-september-european-open-briefing\/","title":{"rendered":"Wednesday 16th September: European Open Briefing"},"content":{"rendered":"<h4>\n\t<strong>Global Markets:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tAsian stock markets: Nikkei up 0.95 %, Shanghai Composite gained 0.15 %, Hang Seng rose 1.00 %, ASX 1.40 % higher\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1104 (+0.15 %), Silver at $14.35 (+0.10 %), WTI Oil at $44.98 (+0.85 %), Brent Oil at $47.90 (-0.40 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 2.27, UK 10 year yield at 1.93, German 10 year yield at 0.75\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tNew Zealand Current Account q\/q -NZ$1.22bln, Expected: -NZ$1.50bln, Previous: NZ$0.66bln\n\t<\/li>\n<li>\n\t\tNew Zealand Current Account y\/y -NZ$8.3bln, Expected: -NZ$8.80bln, Previous: -NZ$8.60bln\n\t<\/li>\n<li>\n\t\tAustralia MI Leading Index m\/m -0.3 % (prev 0.1 %)\n\t<\/li>\n<li>\n\t\tPBOC Fixes Yuan Reference Rate At 6.3712 (prev 6.3665)\n\t<\/li>\n<li>\n\t\tAustralian PM Turnbull To Announce New Cabinet On Monday &ndash; BBG\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tEUR\/USD recovered somewhat during the Asian session, reaching a high of 1.1298 after trading as low as 1.1260 at the New York clo<a name=\"_GoBack\"><\/a>se. Key support is seen at 1.1255, while resistance can be expected at 1.1325 and then 1.1370. GBP\/USD fell sharply yesterday, from 1.5450 in the mid-London session to 1.5330 in late NY trading. Inflation data arrived in line with expectations, at 0.0 % year-on-year. The focus today will be on UK employment data, with the unemployment rate expected to remain steady at 5.6 %. USD\/JPY was offered, despite APAC equities doing quite well today. The pair started the new trading day at 120.45 and fell to a low of 120.15 in the mid-Tokyo session. The key levels to watch are 120.80 &amp; 121.30 to the topside and 119.80 &amp; 119.40 to the downside. Meanwhile, price action in AUD\/USD and NZD\/USD was very quiet overnight. Aussie consolidated in a 0.7125-50 range, while the Kiwi Dollar traded 0.6345-65.\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t09:30 BST &#8211; UK Claimant Count Change\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\n\t<\/li>\n<li>\n\t\t10:00 BST &#8211; Euro Zone CPI\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US CPI\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; Canadian Manufacturing Sales\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.95 %, Shanghai Composite gained 0.15 %, Hang Seng rose 1.00 %, ASX 1.40 % higher Commodities: Gold at $1104 (+0.15 %), Silver at $14.35 (+0.10 %), WTI Oil at $44.98 (+0.85 %), Brent Oil at $47.90 (-0.40 %) Rates: US 10 year yield at 2.27, UK 10 &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/wednesday-16th-september-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Wednesday 16th September: European Open Briefing<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":12469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14685","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\/14685","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=14685"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/14685\/revisions"}],"predecessor-version":[{"id":14686,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/14685\/revisions\/14686"}],"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=14685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=14685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=14685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}