{"id":24772,"date":"2018-01-23T11:36:17","date_gmt":"2018-01-23T06:06:17","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=24772"},"modified":"2018-01-23T11:40:11","modified_gmt":"2018-01-23T06:10:11","slug":"tuesday-23rd-january-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/tuesday-23rd-january-european-open-briefing\/","title":{"rendered":"Tuesday 23rd January: European Open Briefing"},"content":{"rendered":"<h4>\n\t<span style=\"font-size:14px;\"><strong>Global Markets:<\/strong><\/span><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">Asian stock markets: Nikkei down 0.21%, Shanghai Composite up 0.16 %, Hang Seng gained 0.16 %, ASX down 0.23%<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1330.90 (-0.17%), Silver at $17.00 (-0.21%), WTI Oil at $63.41 (+0.16 %), Brent Oil at $68.78 (+0.25 %)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.650, UK 10-year yield at 1.342, German 10-year yield at 0.576<\/span>\n\t<\/li>\n<\/ul>\n<h4>\n\t<span style=\"font-size:14px;\"><strong>News &amp; Data:<\/strong>&nbsp;&nbsp;<\/span><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">(JPY) All Industries Activity m\/m 1% vs 0.9% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(JPY) BOJ Policy Rate -0.1% vs -0.1% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CAD) Wholesale Sales m\/m 0.7% vs 1% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Trump Slaps Tariffs On Imported Solar Panels And Washing Machines<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">South Korea to ban cryptocurrency traders from using anonymous bank accounts<\/span>\n\t<\/li>\n<\/ul>\n<h4>\n\t<span style=\"font-size:14px;\"><strong>Markets Update:<\/strong><\/span><br \/>\n<\/h4>\n<p>\n\t<span style=\"font-size:14px;\">With the Congress approving a short-term funding measure to end the shutdown, the markets traded on a positive sentiment today. Asian markets are trading in the green. <\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">While the White House imposed import tariffs on solar panels and washers, the positive moves on Chinese and Korean markets imply that the markets have discounted the move. The upside on ASX has been driven by gains in the banking sector, and a set of broker upgrades.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">On the macro front, BoJ left its policy untouched, in a statement virtually similar to one from the last time &ndash; leading to slight gains in the Yen. The BoJ kept its deposit rate at negative 0.1% and maintained its yield target on the 10-year JGB at around 0%.Trade headlines continue to be hawkish.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">The Dollar Index is at support levels of 90.3-90.4, while the Euro continues to consolidate near 1.225. The USD remained on defensive footing, with Treasury Yields consolidating. The weak dollar helped industrial metals, and oil price stabilized on the output cuts.<\/span>\n<\/p>\n<h4>\n\t<span style=\"font-size:14px;\"><strong>Upcoming Events:<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">06:30 AM GMT &#8211; (JPY) BOJ Press Conference<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:30 AM GMT &#8211; (GBP) Public Sector Net Borrowing<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">10:00 AM GMT &#8211; (EUR) German ZEW Economic Sentiment<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">10:00 AM GMT &#8211; (EUR) ZEW Economic Sentiment<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">11:00 AM GMT &#8211; (GBP) CBI Industrial Order Expectations<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">03:00 PM GMT &#8211; (EUR) Consumer Confidence<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">03:00 PM GMT &#8211; (USD) Richmond Manufacturing Index<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">11:30 PM GMT &#8211; (AUD) MI Leading Index m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">11:50 PM GMT &#8211; (JPY) Trade Balance<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">All Day &#8211; (All) WEF Annual Meetings<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">All Day &#8211; (EUR) ECOFIN Meetings<\/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 down 0.21%, Shanghai Composite up 0.16 %, Hang Seng gained 0.16 %, ASX down 0.23% Commodities: Gold at $1330.90 (-0.17%), Silver at $17.00 (-0.21%), WTI Oil at $63.41 (+0.16 %), Brent Oil at $68.78 (+0.25 %) Rates: US 10-year yield at 2.650, UK 10-year yield at 1.342, German 10-year &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/tuesday-23rd-january-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 23rd January: 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-24772","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\/24772","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=24772"}],"version-history":[{"count":3,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/24772\/revisions"}],"predecessor-version":[{"id":24775,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/24772\/revisions\/24775"}],"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=24772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=24772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=24772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}