{"id":19424,"date":"2016-12-30T11:01:07","date_gmt":"2016-12-30T05:31:07","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=19424"},"modified":"2016-12-30T11:01:07","modified_gmt":"2016-12-30T05:31:07","slug":"friday-30th-december-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/friday-30th-december-european-open-briefing\/","title":{"rendered":"Friday 30th December: 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 0.10 %, Shanghai Composite rose 0.15 %, Hang Seng gained 1.00 %, ASX 200 lost 0.60 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1161 (+0.25 %), Silver at $16.27 (+0.35 %), WTI Oil at $53.95 (+0.30 %), Brent Oil at $57.10 (+0.45 %)\n\t<\/li>\n<li>\n\t\tRates: US 10-year yield at 2.47, UK 10-year yield at 1.23, German 10-year yield at 0.17\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tSouth Korea CPI m\/m 0.1 % (exp 0.2 % prev -0.1 %)\n\t<\/li>\n<li>\n\t\tSouth Korea CPI y\/y 1.3 % (exp 1.3 % prev 1.3 %)\n\t<\/li>\n<li>\n\t\tAustralia Housing Credit 0.5 % (prev 0.6 %)\n\t<\/li>\n<li>\n\t\tAustralia Private Sector Credit 0.5 % (exp 0.5 % prev 0.5 %)\n\t<\/li>\n<li>\n\t\tAsia stocks to end 2016 on buoyant note, euro calms after early spike &#8211; RTRS\n\t<\/li>\n<li>\n\t\tEuro soars in holiday-thinned trade, China basket move adds to yuan buzz &#8211; RTRS\n\t<\/li>\n<li>\n\t\tOil prices on track for greatest yearly percentage gain since 2009 &#8211; RTRS\n\t<\/li>\n<li>\n\t\tOil, metals, developed equities best performers of 2016; emerging markets struggle &#8211; RTRS\n\t<\/li>\n<li>\n\t\tU.S. goods trade deficit widens; labour market near full strength &#8211; RTRS\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tEquity markets remained bid in the last trading day of 2016, with most of the major Asian equity indices up on the day. In the FX market, there was profit-taking from USD longs, which especially helped the Euro. Following the breakout above 1.05, EUR\/USD traded as high as 1.0550 in Asia.\n<\/p>\n<p>\n\tThis also lifted the commodity currencies, with AUD\/USD rising to 0.7250 and NZD\/USD to 0.6980. Meanwhile, USD\/CAD came under heavy pressure due to the rally in Oil prices. USD\/CAD, which traded as high as 1.3580 earlier this week, fell to a low of 1.3460 in Asia.\n<\/p>\n<p>\n\tLooking ahead, it will likely remain quiet today, as there are no notable events and German &amp; UK markets will close earlier.\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t08:00 GMT &#8211; Spanish CPI\n\t<\/li>\n<li>\n\t\t09:00 GMT &#8211; Italian PPI\n\t<\/li>\n<li>\n\t\t14:45 GMT &#8211; US Chicago PMI\n\t<\/li>\n<li>\n\t\t20:30 GMT &#8211; US CFTC Positioning Data\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.10 %, Shanghai Composite rose 0.15 %, Hang Seng gained 1.00 %, ASX 200 lost 0.60 % Commodities: Gold at $1161 (+0.25 %), Silver at $16.27 (+0.35 %), WTI Oil at $53.95 (+0.30 %), Brent Oil at $57.10 (+0.45 %) Rates: US 10-year yield at 2.47, UK 10-year &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/friday-30th-december-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Friday 30th December: 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-19424","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\/19424","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=19424"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/19424\/revisions"}],"predecessor-version":[{"id":19425,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/19424\/revisions\/19425"}],"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=19424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=19424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=19424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}