{"id":22738,"date":"2017-09-05T10:58:03","date_gmt":"2017-09-05T05:28:03","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=22738"},"modified":"2017-09-05T11:30:48","modified_gmt":"2017-09-05T06:00:48","slug":"tuesday-5th-september-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/tuesday-5th-september-european-open-briefing\/","title":{"rendered":"Tuesday 5th September: European Open Briefing"},"content":{"rendered":"<h2>\n\t<span style=\"font-size:18px;\"><strong>Global Markets:<\/strong><\/span><br \/>\n<\/h2>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">Asian stock markets: Nikkei lost 0.62 %, Shanghai Composite rose 0.24 %, Hang Seng climbed 0.22 %, ASX 200 fell 0.05 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1341.80 (+0.86 %), Silver at $17.96 (+0.83 %), WTI Oil at $47.47 (+0.38 %), Brent Oil at $52.22 (-0.23%)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.13, UK 10-year yield at 1.05, German 10-year yield at 0.36<\/span>\n\t<\/li>\n<\/ul>\n<h2>\n\t<strong><span style=\"font-size:18px;\">News &amp; Data:<\/span><\/strong><br \/>\n<\/h2>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">AUD Current Account <strong>-9.6 B VS -7.9 B<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">AUD Cash Rate <strong>1.50 % vs 1.50 <\/strong>% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">EUR Spanish Unemployment Change <strong>46.4 K vs 16.6 K<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">GBP Construction PMI <strong>51.1 vs 52.1 <\/strong>expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">GBP BRC Retail Sales Monitor y\/y <strong>1.3 % vs 0.9 %<\/strong> previous<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">ICO crackdown may just be the start: China is reportedly planning tighter cryptocurrency rules &ndash; CNBC<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">U.S. gasoline prices slip as oil industry bounces back from Harvey &#8211; RTRS<\/span>\n\t<\/li>\n<\/ul>\n<h2>\n\t<strong><span style=\"font-size:18px;\">Markets Update:<\/span><\/strong><br \/>\n<\/h2>\n<p>\n\t<span style=\"font-size:14px;\">Asian equity markets were&nbsp;mixed early on Tuesday despite positive Caixin services PMI as global investors stuck to safe haven assets and continued to remain cautious on worries about North Korea. The Japanese yen and gold extended gains, and Treasuries rallied&nbsp;<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">USDJPY was a decent mover early on Tuesday and was last seen trading around 109.30. The Japanese yen rose 0.4 percent against the US dollar after jumping 0.5 percent on Monday. The Yen continues to gain on risk aversion due to Japan&#39;s net creditor nation status<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">AUDUSD advanced higher earlier on Tuesday after the strong Q2 data jumping as high as 0.7985, but had given most of its gain back almost immediately before recovering again post RBA Announcement. The Australian dollar is currently seen trading at 0.7963 against the US Dollar with a net gain of 0.2 percent<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">EURUSD has moved a little higher in the session currently trading at 1.1907 following a quiet session due to US holiday. The euro has gained 0.1 percent against the US dollar continuing it&rsquo;s gains after advancing 0.3 percent on Monday. The Dollar Index slipped 0.15 percent and&nbsp;currently trading at 92.50.<\/span>\n<\/p>\n<h2>\n\t<span style=\"font-size:18px;\"><strong>Upcoming Events:<\/strong><\/span><br \/>\n<\/h2>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">07:15 GMT &ndash; (CHF) CPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">0<\/span><span style=\"font-size:14px;\">8:30 GMT &ndash; (GBP) Services PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:10 GMT &ndash; (AUD) RBA Gov Lowe Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:00 GMT &ndash; (USD) FOMC Member Brainard Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">14:00 GMT &ndash; (USD) Factory Orders m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">17:10 GMT &ndash; (USD) FOMC Member Kashkari Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">22:05 GMT &ndash; (USD) FOMC Member Kaplan Speaks<\/span>\n\t<\/li>\n<\/ul>\n<p>\n\t&nbsp;\n<\/p>\n<p>\n\t&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei lost 0.62 %, Shanghai Composite rose 0.24 %, Hang Seng climbed 0.22 %, ASX 200 fell 0.05 % Commodities: Gold at $1341.80 (+0.86 %), Silver at $17.96 (+0.83 %), WTI Oil at $47.47 (+0.38 %), Brent Oil at $52.22 (-0.23%) Rates: US 10-year yield at 2.13, UK 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/tuesday-5th-september-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 5th 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-22738","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\/22738","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=22738"}],"version-history":[{"count":5,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22738\/revisions"}],"predecessor-version":[{"id":22743,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22738\/revisions\/22743"}],"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=22738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=22738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=22738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}