{"id":23785,"date":"2017-11-14T12:35:07","date_gmt":"2017-11-14T07:05:07","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=23785"},"modified":"2017-11-14T12:37:46","modified_gmt":"2017-11-14T07:07:46","slug":"tuesday-14th-november-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/tuesday-14th-november-european-open-briefing\/","title":{"rendered":"Tuesday 14th 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 0.08 %, Shanghai Composite fell 0.52 %, Hang Seng lost 0.01 %, ASX 200 down 0.88 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1276.89 (-0.15 %), Silver at $17.00 (-0.24 %), WTI Oil at $56.55 (-0.37 %), Brent Oil at $62.86 (-0.47 %)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.40, UK 10-year yield at 1.33, German 10-year yield at 0.420<\/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) Industrial Production <strong>6.2 % y\/y vs 6.3 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) Fixed Asset Investment ytd\/y <strong>7.3 % vs 7.3 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) NAB Business Confidence <strong>8 vs 8<\/strong> previous<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Federal Budget Balance <strong>-63.2 B vs -58.2 B<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">&nbsp;(USD) German WPI m\/m <strong>0.0 % vs 0.4 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Asia stocks subdued as China data disappoints<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Risks ahead for U.S. tax push as disputes linger, Trump returns- 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 mostly lower on Tuesday following disappointing Chinese economic data. A pullback in commodity shares dragged Australia&rsquo;s benchmark index lower. Investors awaited clues on monetary policy from heads of some major central banks and kept an eye on U.S. tax reform developments.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">USDJPY was seen trading steadily around 113.65 as the Dollar bounced from support around 113.25 on Monday. Japan&#39;s Nikkei 225 managed to climb 0.4 percent early on Tuesday after four sessions of losses, lifted by gains in the U.S. dollar against the yen, which supported export-related stocks. But Currently the Nikkei has erased earlier gains and is currently down 0.10%<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">EURUSD had a rather quiet session on Tuesday with little change, currently the EUR is seen trading around 1.665 against the US Dollar. The&nbsp;dollar index, which tracks the dollar against a basket of currencies was flat and is currently valued at 94.52. &nbsp;The yield on 10-year Treasuries was steady at 2.40 percent.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">AUDUSD had an active session in Asia session today with the Aussie hitting four-month low of 0.7608 continuing its 0.5 percent decline in the previous session. Australia&rsquo;s S&amp;P\/ASX 200 index dropped 0.9 percent, meanwhile Australia&rsquo;s 10-year yield gained three basis points to 2.65 percent.<\/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;\">07:00 GMT &ndash; (EUR) German Prelim GDP q\/q<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:05 GMT &ndash; (USD) FOMC Member Evans Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:15 GMT &ndash; (CHF) PPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:30 GMT &ndash; (GBP) CPI y\/y<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">10:00 GMT &ndash; (EUR) ECB President Draghi Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">10:00 GMT &ndash; (GBP) BOE Gov Carney Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">10:00 GMT &ndash; (JPY) BOJ Gov Kuroda Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">10:00 GMT &ndash; (USD) Fed Chair Yellen Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (USD) PPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">&amp; <a href=\"https:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\">More&hellip;<\/a><\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei down 0.08 %, Shanghai Composite fell 0.52 %, Hang Seng lost 0.01 %, ASX 200 down 0.88 % Commodities: Gold at $1276.89 (-0.15 %), Silver at $17.00 (-0.24 %), WTI Oil at $56.55 (-0.37 %), Brent Oil at $62.86 (-0.47 %) Rates: US 10-year yield at 2.40, UK 10-year &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/tuesday-14th-november-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 14th 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-23785","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\/23785","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=23785"}],"version-history":[{"count":3,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23785\/revisions"}],"predecessor-version":[{"id":23788,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23785\/revisions\/23788"}],"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=23785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=23785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=23785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}