{"id":23729,"date":"2017-11-09T11:45:31","date_gmt":"2017-11-09T06:15:31","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=23729"},"modified":"2017-11-09T11:45:31","modified_gmt":"2017-11-09T06:15:31","slug":"thursday-9th-november-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/thursday-9th-november-european-open-briefing\/","title":{"rendered":"Thursday 9th November: 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 0.10 %, Shanghai Composite lost 0.13 %, Hang Seng up 0.60 %, ASX 200 gained 0.03 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1283.70 (0.00 %), Silver at $17.08 (-0.33 %), WTI Oil at $56.81 (0.00 %), Brent Oil at $63.51 (0.03 %)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.32, UK 10-year yield at 1.23, German 10-year yield at 0.33<\/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;\">(CNY) CPI y\/y <strong>1.9 % vs 1.8 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) PPI y\/y <strong>6.9 %vs 6.6 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Crude Oil Inventories <strong>2.2 M<\/strong> <strong>vs -2.5 M<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(NZD) Official Cash Rate<strong> 1.75 % vs 1.75 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CAD) Building Permits m\/m <strong>3.8 % vs 0.7 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Asia stocks near decade highs on buoyant Wall Street, kiwi rallies<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Tax-cut debate in U.S. Congress swings to Senate bill- 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;\">Asia pacific equity markets were broadly higher early on Thursday hovering around decade highs following the firmer lead from Wall Street in the last session. Investors in the region also digested the release of Chinese inflation data and kept an eye on President Donald Trump&#39;s stop in Beijing.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">USDJPY had an active session dropping from highs of over 114.0, currently the US Dollar is seen trading around 113.58 against the YEN. Overall the Yen advanced 0.3 percent against the US Dollar. Japanese stocks opened strong but lost all of its gains and is currently down 0.10 %. The Nikkei Stock Average was up 1.8% in early afternoon trading, topping 23,000 for the first time since January 1992.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">EURUSD had a rather quiet session on Thursday trading flat around 1.1600. The&nbsp;dollar index, which tracks the dollar against a basket of currencies was down 0.1% and is currently valued at 94.78. &nbsp;The yield on 10-year Treasuries was steady at 2.32. Notably, It had tousched 2.48 percent, the highest since March, in late October.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">NZDUSD is currently seen trading around 0.6955 down from highs of over 0.6970 as the Kiwi rallied over 1.0 percent against the US Dollar following hawkish-sounding statements by the country&rsquo;s central bank. Meanwhile, the AUDUSD was little changed as the AUD is currently seen consolidating around 0.7676 against the US Dollar. Australia&rsquo;s 10-year yield climbed more than two basis points to 2.60 percent.s<\/span>\n<\/p>\n<h4>\n\t<strong>Upcoming Events<\/strong><span style=\"font-size:14px;\"><strong>:<\/strong><\/span><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">10:00 GMT &ndash; (EUR) EU Economic Forecasts<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (CAD) NHPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (USD) Unemployment Claims<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">16:30 GMT &ndash; (CHF) SNB Chairman Jordan Speaks<\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei down 0.10 %, Shanghai Composite lost 0.13 %, Hang Seng up 0.60 %, ASX 200 gained 0.03 % Commodities: Gold at $1283.70 (0.00 %), Silver at $17.08 (-0.33 %), WTI Oil at $56.81 (0.00 %), Brent Oil at $63.51 (0.03 %) Rates: US 10-year yield at 2.32, UK 10-year &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/thursday-9th-november-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 9th November: 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-23729","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\/23729","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=23729"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23729\/revisions"}],"predecessor-version":[{"id":23730,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23729\/revisions\/23730"}],"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=23729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=23729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=23729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}