{"id":24204,"date":"2017-12-12T12:18:12","date_gmt":"2017-12-12T06:48:12","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=24204"},"modified":"2017-12-12T12:18:12","modified_gmt":"2017-12-12T06:48:12","slug":"tuesday-12th-december-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/tuesday-12th-december-european-open-briefing\/","title":{"rendered":"Tuesday 12th December: European Open Briefing"},"content":{"rendered":"<p>\n\t<span style=\"font-size:14px;\"><strong>Global Markets:<\/strong><\/span>\n<\/p>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">Asian stock markets: Nikkei fell 0.22 %, Shanghai Composite down 0.96 %, Hang Seng lost 0.48 %, ASX 200 up 0.25 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1247.00, Silver at $15.72, WTI Oil at $58.02, Brent Oil at $65.53<\/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 1.20, German 10-year yield at 0.29<\/span>\n\t<\/li>\n<\/ul>\n<p>\n\t<strong style=\"font-size: 14px;\">News &amp; Data:<\/strong>\n<\/p>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) HPI q\/q <strong>-0.2 % vs 0.6 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) NAB Business Confidence <strong>6 vs 8<\/strong> Previous<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\"><span style=\"font-size:14px;\">(JPY) PPI y\/y <strong>3.5 % vs 3.3 % <\/strong>expected<\/span><\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\">(USD) 10-y Bond Auction <strong>2.38| 2.4 vs 2.31|2.5<\/strong> previous<\/span><\/span><\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\">(USD) JOLTS Job Openings <strong>6.00 M vs 6.03 M<\/strong> expected<\/span><\/span><\/span><\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\">(EUR) Italian Retail Sales m\/m <strong>-1.0 % vs -0.1 %<\/strong> expected<\/span><\/span><\/span><\/span><\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\">EU must look at regulating bitcoin, ECB&#39;s Nowotny says<\/span><\/span><\/span><\/span><\/span><\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"font-size:14px;\">U.S. Treasury tax study slammed as &#39;fake math&#39; by Democrats- RTRS<\/span><\/span><\/span><\/span><\/span><\/span><\/span>\n\t<\/li>\n<\/ul>\n<p>\n\t<strong style=\"font-size: 14px;\">Markets Update:<\/strong>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Asian equities opened lower on Tuesday following three straight sessions of gains in spite of Dow Jones industrial average closing at a record high. Investors await U.S. and European central bank meetings this week for further clues on the 2018 policy outlook. Energy-related stocks in Australia and Japan climbed as oil prices edged higher following the closure of the UK&#39;s Forties pipeline for repairs<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">USDJPY was slightly lower for the session currently seen trading around 113.45 as the Yen rose around 0.1 percent against the US Dollar. The Nikkei 225 drifted lower by 0.2 percent after hovering near the flat line earlier in the day. Gains were seen in trading houses and financials, as automakers and tech stocks traded mixed.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">EURUSD was mostly unchanged for the day and seen steadily trading around 1.1775. The&nbsp;dollar index, which tracks the dollar against a basket of currencies was trading flat at 93.81 holding at a three-week high. The yield on 10-year Treasuries held at 2.38 percent. U.S. markets on Monday shook off early jitters following a terror incident to end higher. The Dow Jones industrial average rose 0.23 percent to finish at a record close of 24,386.03.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">AUDUSD traded higher on Tuesday currently valued at 0.7540 as the Australian Dollar rose close to 0.2 percent against the US Dollar. Meanwhile, Australia&rsquo;s 10-year yield fell four basis points to 2.52 percent.&nbsp; The New Zealand dollar added to overnight gains following the appointment of the Reserve Bank of New Zealand&#39;s new governor and is currently seen trading above 0.6930 against the US Dollar.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><strong>Upcoming Events:<\/strong><\/span>\n<\/p>\n<ul>\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;\">09:30 GMT &ndash; (GBP) PPI Input m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:30 GMT &ndash; (GBP) RPI y\/y<\/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;\">13:30 GMT &ndash; (USD) Core PPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">19:00 GMT &ndash; (EUR) ECB President Draghi Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">22:15 GMT &ndash; (AUD) RBA Gov Lowe Speaks<\/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<p>\n\t&nbsp;\n<\/p>\n<p>\n\t&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei fell 0.22 %, Shanghai Composite down 0.96 %, Hang Seng lost 0.48 %, ASX 200 up 0.25 % Commodities: Gold at $1247.00, Silver at $15.72, WTI Oil at $58.02, Brent Oil at $65.53 Rates: US 10-year yield at 2.38, UK 10-year yield at 1.20, German 10-year yield at 0.29 &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/tuesday-12th-december-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 12th December: 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-24204","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\/24204","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=24204"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/24204\/revisions"}],"predecessor-version":[{"id":24205,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/24204\/revisions\/24205"}],"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=24204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=24204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=24204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}