{"id":22893,"date":"2017-09-14T10:23:17","date_gmt":"2017-09-14T04:53:17","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=22893"},"modified":"2017-09-14T10:23:17","modified_gmt":"2017-09-14T04:53:17","slug":"thursday-14th-september-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/thursday-14th-september-european-open-briefing\/","title":{"rendered":"Thursday 14th September: European Open Briefing"},"content":{"rendered":"<h4>\n\t<strong>Global Markets:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">Asian stock markets: Nikkei lost 0.31 %, Shanghai Composite fell 0.17 %, Hang Seng down 0.47 %, ASX 200 fell 0.11 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1326.79 (-0.09 %), Silver at $17.78 (-0.45 %), WTI Oil at $49.23 (-0.14 %), Brent Oil at $55.02 (-0.25%)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.18, UK 10-year yield at 1.14, German 10-year yield at 0.40<\/span>\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) Employment Change <strong>54.2 vs 17.5 K<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) Unemployment Rate <strong>5.6 % vs 5.6 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) Industrial Production y\/y <strong>6.0 % vs 6.6 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) Fixed Asset Investment ytd\/y <strong>7.8 % vs 8.2 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) PPI m\/m <strong>0.2 % vs 0.3 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Core PPI m\/m <strong>0.1 % vs 0.2 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Crude Oil Inventories <strong>5.9 M vs 4.1 M<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">&nbsp;(GBP) Average Earnings Index 3m\/y <strong>2.1 % vs 2.3 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(GBP) Claimant Count Change &#8211;<strong>2.8 K vs 0.8 K<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(GBP) Unemployment Rate <strong>4.3 % vs 4.4 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CHF) PPI m\/m <strong>0.3 % vs 0.2 %<\/strong> expected<\/span>\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\t<span style=\"font-size:14px;\">Asian Equity markets were mostly flat on Thursday trading down from 10-year highs after disappointing economic data out of China and investors awaiting a rate decision from the Bank of England. &nbsp;Markets also digested the rise in U.S. Treasury yields overnight following tax reform headlines out of Washington, although the dollar&#39;s advance paused.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">USD\/JPY is currently seen trading at 110.45 down from the highs of 110.70. The pair had a very small dip in late NY\/early Asia with NBC tweeting that North Korea was seen to be prepping for a missile launch. However, the dollar continues to extend gains against the Yen, gaining over 0.3 percent on Wednesday.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">The Australian Dollar had a very active session, following a slight drop towards 0.7970 ahead of the Jobs report, the Aussie jumped as high as 0.8016 against the US Dollar after positive jobs data. AUDUSD is currently seen trading at around 0.8000 losing some of its earlier gains as Movements in the Aussie dollar are influenced by China data due to Australia&#39;s dependence on exports.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">EUR\/USD is currently seen trading at 1.1875 losing around 0.1 percent earlier in the session, following a 0.7 percent drop the previous day. The dollar index measured against a basket of six major currencies is currently valued at 92.47 after touching 92.530 overnight, its highest since Sept. 5.<\/span>\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">07:30 GMT &ndash; (CHF) Libor Rate<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">07:30 GMT &ndash; (CHF) SNB Monetary Policy Assessment<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">11:00GMT &ndash; (GBP) MPC Official Bank Rate Votes<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">11:00GMT &ndash; (GBP) Monetary Policy Summary<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">11:00GMT &ndash; (GBP) Official Bank Rate<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (USD) CPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (USD) Core CPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (USD) Unemployment Claims<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">15:30 GMT &ndash; (EUR) German Buba President Weidmann Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">22:30 GMT &ndash; (NZD) Business NZ Manufacturing Index<\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei lost 0.31 %, Shanghai Composite fell 0.17 %, Hang Seng down 0.47 %, ASX 200 fell 0.11 % Commodities: Gold at $1326.79 (-0.09 %), Silver at $17.78 (-0.45 %), WTI Oil at $49.23 (-0.14 %), Brent Oil at $55.02 (-0.25%) Rates: US 10-year yield at 2.18, UK 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/thursday-14th-september-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 14th 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-22893","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\/22893","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=22893"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22893\/revisions"}],"predecessor-version":[{"id":22894,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22893\/revisions\/22894"}],"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=22893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=22893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=22893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}