{"id":22984,"date":"2017-09-21T10:57:35","date_gmt":"2017-09-21T05:27:35","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=22984"},"modified":"2017-09-21T10:57:35","modified_gmt":"2017-09-21T05:27:35","slug":"thursday-21st-september-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/thursday-21st-september-european-open-briefing\/","title":{"rendered":"Thursday 21st 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 up 0.36 %, Shanghai Composite rose 0.14 %, Hang Seng fell 0.16 %, ASX 200 down 0.85 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1301.40 (-1.13 %), Silver at $17.09 (-1.36 %), WTI Oil at $50.66(-0.06 %), Brent Oil at $56.16 (-0.23 %)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.26, UK 10-year yield at 1.35, German 10-year yield at 0.44<\/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;\">(GBP) Retail Sales m\/m <strong>1.0 % vs 0.2 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Existing Home Sales <strong>5.35 M vs 5.46 M<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Crude Oil Inventories <strong>4.6 M vs 2.8 M<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Federal Funds Rate <strong>&lt;1.25 % vs &lt;1.25 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(NZD) GDP q\/q <strong>0.8 % vs 0.8 <\/strong>% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(JPY) BOJ Policy Rate <strong>-0.10 % vs -0.10 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Fed keeps rate steady, to start portfolio drawdown in October- RTRS<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">U.S. home sales hit 12-month low, Harvey weighs on Houston- RTRS<\/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 mixed early on Thursday in the wake of the Federal Reserve&rsquo;s overnight statements on policy and economic projections. However, Japan was again a standout opening in green whereas, Australia underperformed as metal prices fell and utilities stocks slid.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">USD\/JPY had traded up strongly in the US after the FOMC and is currently seen trading steadily around 112.46. The Yen lost 0.2% against the USD, continuing its 0.6 percent drop on Wednesday. The Bank of Japan announced an as expected decision, no change at all to policy.&nbsp;<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">AUDUSD managed to break below the round number 0.80 against the US Dollar early in Asian session today. The Aussie is currently seen trading around 0.7980 after losing 0.4 percent against the US Dollar. The New Zealand dollar is currently seen trading around 0.7315 as the Kiwi lost 0.5 percent against the US Dollar. The kiwi has been sensitive to opinion polls ahead of an election this weekend<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">EUR\/USD is currently seen trading steadily around 1.8880. The Euro had lost 0.9 percent against the US Dollar yesterday. The&nbsp;dollar index, which tracks the dollar against a basket of currencies rose 0.2 percent and is currently valued at 92.54<\/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;\">06:30 GMT &ndash; (JPY) BOJ Press Conference<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 GMT &ndash; (GBP) Public Sector Net Borrowing<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (CAD) Wholesale Sales 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;\">12:30 GMT &ndash; (USD) Philly Fed Manufacturing Index<\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.36 %, Shanghai Composite rose 0.14 %, Hang Seng fell 0.16 %, ASX 200 down 0.85 % Commodities: Gold at $1301.40 (-1.13 %), Silver at $17.09 (-1.36 %), WTI Oil at $50.66(-0.06 %), Brent Oil at $56.16 (-0.23 %) Rates: US 10-year yield at 2.26, UK 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/thursday-21st-september-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 21st 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-22984","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\/22984","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=22984"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22984\/revisions"}],"predecessor-version":[{"id":22985,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22984\/revisions\/22985"}],"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=22984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=22984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=22984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}