{"id":23967,"date":"2017-11-23T12:15:28","date_gmt":"2017-11-23T06:45:28","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=23967"},"modified":"2017-11-23T12:15:28","modified_gmt":"2017-11-23T06:45:28","slug":"thursday-23rd-november-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/thursday-23rd-november-european-open-briefing\/","title":{"rendered":"Thursday 23rd 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 was Closed for Holiday, Shanghai Composite fell 2.14 %, Hang Seng down 0.23 %, ASX 200 lost 0.02 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1290.06 (-0.13 %), Silver at $17.08 (-0.12 %), WTI Oil at $57.94 (-0.17 %), Brent Oil at $63.23 (-0.14 %)<\/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 1.28 German 10-year yield at 0.34<\/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) Retail Sales q\/q <strong>0.2 % vs 0.4 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Crude Oil Inventories <strong>-1.9 M vs -1.4 M<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Core Durable Goods Orders m\/<strong>m 0.4 % vs 0.4 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Unemployment Claims <strong>239 K vs 241 K<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Durable Goods Orders m\/m <strong>-1.2 % vs 0.4 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Oil prices dip after U.S. crude hits near two-year high on pipeline shutdown<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Fed policymakers say rate increase likely warranted soon: minutes- 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 flat early on Thursday following a quiet overnight session on wall street. Moves in Asian share markets were mostly minor with Japanese markets closed for a holiday and the United States off for Thanksgiving. Chinese stocks fell early Thursday on concerns about new regulations.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">EURUSD is currently seen trading above 1.1830 as the EUR gained over 0.1 percent against the US Dollar. The euro held on to gains as efforts continued to end Germany&rsquo;s political impasse. The&nbsp;dollar index, which tracks the dollar against a basket of currencies was flat and is currently valued at 93.23. &nbsp;The yield on 10-year Treasuries fell four basis points to 2.32 percent.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">USDJPY fell to lows of 111.06 earlier in the session near its lowest since Sept. 20 before retracing to current levels of 111.24. The overnight move was the largest single-day fall for the dollar against the yen since May. Overall the Pair remains net unchanged. was seen trading within a short range. The Japanese markets were closed for Holiday.&nbsp;<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">AUDUSD had a very small range early in Asian session today. Currently the Australian dollar is valued at 0.7620 against the US Dollar. Australia&rsquo;s 10-year yield lost about two basis points to 2.51 percent. New Zealand dollar popped a few points higher following the retail sales report, currently the kiwi is seen trading at 0.6883 against the US Dollar,<\/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; (JPY) Bank Holiday<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">All Day &ndash; (USD) Bank Holiday<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:00 GMT &ndash; (EUR) French Flash Services PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 GMT &ndash; (EUR) German Flash Services PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:00 GMT &ndash; (EUR) Flash Services PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:30 GMT &ndash; (GBP) Second Estimate GDP q\/q<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (USD) Core Retail Sales m\/m<\/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<li>\n\t\t<span style=\"font-size:14px;\">21:45 GMT &ndash; (NZD) Trade Balance<\/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 was Closed for Holiday, Shanghai Composite fell 2.14 %, Hang Seng down 0.23 %, ASX 200 lost 0.02 % Commodities: Gold at $1290.06 (-0.13 %), Silver at $17.08 (-0.12 %), WTI Oil at $57.94 (-0.17 %), Brent Oil at $63.23 (-0.14 %) Rates: US 10-year yield at 2.32, UK &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/thursday-23rd-november-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 23rd 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-23967","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\/23967","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=23967"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23967\/revisions"}],"predecessor-version":[{"id":23968,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23967\/revisions\/23968"}],"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=23967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=23967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=23967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}