{"id":22999,"date":"2017-09-22T10:11:42","date_gmt":"2017-09-22T04:41:42","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=22999"},"modified":"2017-09-22T10:12:14","modified_gmt":"2017-09-22T04:42:14","slug":"friday-22nd-september-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/friday-22nd-september-european-open-briefing\/","title":{"rendered":"Friday 22nd 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 down 0.34 %, Shanghai Composite fell 0.48 %, Hang Seng dropped 0.91 %, ASX 200 rose 0.34 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1301.52 (+0.14 %), Silver at $17.11 (+0.53 %), WTI Oil at $50.62(+0.56 %), Brent Oil at $56.41 (+0.14 %)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.25, UK 10-year yield at 1.37, German 10-year yield at 0.45<\/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) Public Sector Net Borrowing <strong>5.1 B vs 6.5 B<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CAD) Wholesale Sales m\/m <strong>1.5 % vs -0.7 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Unemployment Claims <strong>259 K vs 302 K<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Philly Fed Manufacturing Index <strong>23.8 vs 17.3<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) CB Leading Index m\/m <strong>0.4 % vs 0.3 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Natural Gas Storage <strong>97 B vs 93 B<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">U.S. jobless claims fall; hurricanes still affecting data &#8211; RTRS<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">S&amp;P downgrades China, says rising debt is stoking economic, financial risks &ndash; WSJ<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">&quot;I will surely and definitely take the mentally deranged U.S. dotard with fire&quot;- North Korean&nbsp;leader Kim Jong-un saying of Trump<\/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;\">Equity markets across the Asia-Pacific region were down on Friday, with stocks in Japan reversing early gains after a report that North Korea could respond to fresh&nbsp;sanctions&nbsp;with a hydrogen bomb in the Pacific. While China-related stocks declined on a credit-rating downgrade. The yen and gold advanced.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">USDJPY is currently seen trading around 111.79 as The Japanese yen gained over 0.7 percent against the US dollar, advancing the most in more than two weeks as the pair traded down to lows of 111.65 booking 50+ point loss on the session.&nbsp;Similar to the USDJPY, all Yen crosses were generally lower.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">AUDUSD continued its down trend dropping down as low as 0.7910&nbsp;and is currently seen trading at 0.7925 after recovering partially. The Australian dollar added to losses triggered by a tumble in iron ore&nbsp;prices and dovish language from the nation&rsquo;s central bank governor. The Aussie lost 0.1 percent against the US Dollar earlier in the session, this is in continuation to the 1.3 percent drop seen on Thursday.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">EUR\/USD is currently seen trading steadily around 1.1958 as the Euro added 0.1 percent against the US Dollar. However, the Euro is still 0.8 percent lower for the week <\/span>overall<span style=\"font-size:14px;\">. The&nbsp;dollar index, which tracks the dollar against a basket of currencies is down 0.2 percent and is currently valued at 92.01.<\/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;\">All Day &ndash; (NZD) Parliamentary Elections<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">07:00 GMT &ndash; (EUR) French Flash Manufacturing PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">07:00 GMT &ndash; (EUR) French Flash Services PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">07:30 GMT &ndash; (EUR) German Flash Manufacturing PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">07:30 GMT &ndash; (EUR) German Flash Services PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:00 GMT &ndash; (EUR) Flash Manufacturing PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:00 GMT &ndash; (EUR) Flash Services PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (CAD) CPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (CAD) Core Retail Sales m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (CAD) Common CPI y\/y<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (CAD) Median CPI y\/y<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (CAD) Retail Sales m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (CAD) Trimmed CPI y\/y<\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei down 0.34 %, Shanghai Composite fell 0.48 %, Hang Seng dropped 0.91 %, ASX 200 rose 0.34 % Commodities: Gold at $1301.52 (+0.14 %), Silver at $17.11 (+0.53 %), WTI Oil at $50.62(+0.56 %), Brent Oil at $56.41 (+0.14 %) Rates: US 10-year yield at 2.25, UK 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/friday-22nd-september-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Friday 22nd 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-22999","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\/22999","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=22999"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22999\/revisions"}],"predecessor-version":[{"id":23000,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22999\/revisions\/23000"}],"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=22999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=22999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=22999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}