{"id":24062,"date":"2017-11-30T12:17:42","date_gmt":"2017-11-30T06:47:42","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=24062"},"modified":"2017-11-30T12:17:42","modified_gmt":"2017-11-30T06:47:42","slug":"thursday-30th-november-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/thursday-30th-november-european-open-briefing\/","title":{"rendered":"Thursday 30th 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 0.66 %, Shanghai Composite down 0.69 %, Hang Seng fell 1.60 %, ASX 200 lost 0.69 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1283.00 (0.05 %), Silver at $16.49 (0.24 %), WTI Oil at $57.48 (0.31 %), Brent Oil at $62.84 (0.50 %)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.38, UK 10-year yield at 1.34, 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;\">(CNY) Manufacturing PMI <strong>51.8 vs 51.5<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) Non-Manufacturing PMI <strong>54.8 vs 54.3<\/strong> previous<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(NZD) ANZ Business Confidence <strong>-39.3 vs -10.1<\/strong> previous<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) Private Capital Expenditure q\/q <strong>1.0 % vs 1.1 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) Building Approvals m\/m <strong>0.9 % vs -0.9 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Crude Oil Inventories <strong>-3.4 M vs -2.5 M<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Pending Home Sales m\/m <strong>3.5 % vs 1.1 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Prelim GDP q\/q <strong>3.3 % vs 3.3 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">U.S. third-quarter economic growth fastest in three years- RTRS<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Bitcoin back above $10,000 after plunging 18% in extremely volatile trading<\/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 equities markets declined early on Thursday weighed down by a plunge in high-flying technology shares, technology stocks in the region declined after U.S. shares in the sector sold off on Wednesday. China official manufacturing PMI topped expectations. Australian financials slipped after banking chiefs called for an inquiry into the sector<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">USDJPY is currently seen trading higher around 112.17 as the Yen declined 0.2 % against the US Dollar. Bank of Japan&rsquo;s Harada tried to talk the Japan economy up, but the JPY still weakened Japan&#39;s&nbsp;<\/span><a data-gdsid=\"597150\" data-inline-quote-symbol=\".NKXQ\" href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=.NKXQ\" style=\"font-size: 14px;\">Nikkei 225<\/a><span style=\"font-size: 14px;\">&nbsp;is currently up over 0.6 percent following a slow start early on Thursday following major tech names trading lower. Financials, trading houses and automakers, however, mostly notched gains.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">EURUSD notched around 20 pip gain from session lows of 1.1845. Currently the major is seen trading around 1.1865 as the EUR is up 0.1 percent against the US Dollar. The&nbsp;dollar index, which tracks the dollar against a basket of currencies was flat for the session and is currently valued at 93.21. The yield on 10-year Treasuries was steady at 2.38 percent after climbing six basis points.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">AUDUSD is currently seen trading around 0.7590 after climbing over 30 pips higher from its session lows of 0.7555. Australia&rsquo;s 10-year yield gained about three basis points to 2.50 percent. Gold was little changed at $1,283.00 an ounce. On the other hand, the kiwi weakened hurt by poor ANZ Business confidence and activity outlook. Currently the New Zealand dollar is down 0.5% against the USD valued at 0.6848.<\/span>\n<\/p>\n<p>\n\t<strong>Upcoming Events:<\/strong>\n<\/p>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">07:00 GMT &ndash; (EUR) German Retail Sales m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:00 GMT &ndash; (CHF) KOF Economic Barometer<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">10:00 GMT &ndash; (EUR) CPI Flash Estimate y\/y<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">13:30 GMT &ndash; (CAD) Current Account<\/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;\">16:45 GMT &ndash; (USD) Chicago PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\"><a href=\"https:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\">&amp; More&hellip;<\/a><\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.66 %, Shanghai Composite down 0.69 %, Hang Seng fell 1.60 %, ASX 200 lost 0.69 % Commodities: Gold at $1283.00 (0.05 %), Silver at $16.49 (0.24 %), WTI Oil at $57.48 (0.31 %), Brent Oil at $62.84 (0.50 %) Rates: US 10-year yield at 2.38, UK 10-year &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/thursday-30th-november-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 30th 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-24062","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\/24062","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=24062"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/24062\/revisions"}],"predecessor-version":[{"id":24063,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/24062\/revisions\/24063"}],"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=24062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=24062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=24062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}