{"id":23837,"date":"2017-11-17T11:22:21","date_gmt":"2017-11-17T05:52:21","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=23837"},"modified":"2017-11-17T11:23:38","modified_gmt":"2017-11-17T05:53:38","slug":"friday-17th-november-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/friday-17th-november-european-open-briefing\/","title":{"rendered":"Friday 17th 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 up 0.15 %, Shanghai Composite fell 0.54 %, Hang Seng gained 0.79 %, ASX 200 up 0.23 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1281.93 (0.29 %), Silver at $17.07 (0.01 %), WTI Oil at $55.28 (0.25 %), Brent Oil at $61.19 (-0.28%)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.36, UK 10-year yield at 1.30, German 10-year yield at 0.38<\/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;\">(NZD) PPI Input q\/q <strong>1.0 % vs 1.2 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Industrial Production m\/m <strong>0.9 % vs 0.5 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CAD) Manufacturing Sales m\/m <strong>0.5 % vs -0.4 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Import Prices m\/m <strong>0.2 % vs 0.4 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Unemployment Claims <strong>249 K vs 235K<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(GBP) Retail Sales m\/m <strong>0.3 % vs 0.1 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(EUR) Final CPI y\/y <strong>1.4 % vs 1.4 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">North Korea is &#39;on an aggressive schedule&#39; to develop a ballistic missile submarine- CNBC<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Oil prices set for first weekly fall in six on oversupply worries- 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 opened higher on Friday tracking overnight gains in Wall street. Investors gained confidence amid strong U.S. earnings and a step forward in Congress on U.S. tax reform brightened the mood. The dollar declined against major peers and Treasury yields dropped.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">USDJPY is currently seen trading around 112.52 hitting its lowest level in almost a month as the Yen gained 0.5 percent against the US Dollar. &nbsp;The Yen gained after reports emerged regarding North Korea &#39;aggressive&#39; work on ballistic missile submarine. The Nikkei 225 Stock Average is currently up 0.15 percent, trimming a gain of 1.8 percent earlier. The Nikkei gave back some its morning pop as the Yen strengthened.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">EURUSD is currently edging back near its one-month peak as the EUR gained 0.4 percent against the US Dollar and is currently seen trading around 1.1807. The&nbsp;dollar index, which tracks the dollar against a basket of currencies fell over 0.3 percent and is currently valued at 93.61. &nbsp;The yield on 10-year Treasuries fell one basis points to 2.36 percent after adding five basis points on Thursday.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">AUDUSD dropped from the session highs of over 0.7607 lost close to 40 pips creating&nbsp;fresh session lows of 0.7567 losing 40 pips. Currently the Aussie is seen trading around 0.7572 against the US Dollar. Australia&rsquo;s 10-year bond yield was steady at 2.58 percent, close to where it was on Friday a week ago. The kiwi followed a similar pattern losing close to 40 pips and is currently seen trading around 0.6842 against the US Dollar down from session highs of over 0.6883<\/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;\">08:30 GMT &ndash; (EUR) ECB President Draghi Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:00 GMT &ndash; (EUR) German Buba President Weidmann Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (CAD) CPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (CAD) Common CPI y\/y<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (CAD) Median CPI y\/y<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (CAD) Trimmed CPI y\/y<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (USD) Building Permits<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (USD) Housing Starts<\/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 up 0.15 %, Shanghai Composite fell 0.54 %, Hang Seng gained 0.79 %, ASX 200 up 0.23 % Commodities: Gold at $1281.93 (0.29 %), Silver at $17.07 (0.01 %), WTI Oil at $55.28 (0.25 %), Brent Oil at $61.19 (-0.28%) Rates: US 10-year yield at 2.36, UK 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/friday-17th-november-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Friday 17th 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-23837","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\/23837","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=23837"}],"version-history":[{"count":2,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23837\/revisions"}],"predecessor-version":[{"id":23839,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23837\/revisions\/23839"}],"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=23837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=23837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=23837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}