{"id":25814,"date":"2018-03-29T11:31:51","date_gmt":"2018-03-29T06:01:51","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=25814"},"modified":"2018-04-16T12:36:50","modified_gmt":"2018-04-16T07:06:50","slug":"thursday-29th-march-markets-mixed-in-subdued-trade","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/thursday-29th-march-markets-mixed-in-subdued-trade\/","title":{"rendered":"Thursday 29th March: Markets mixed in subdued trade"},"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 up 0.55%, Shanghai Composite up 0.73%, Hang Seng up 0.20%, ASX down 0.52%<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities : Gold at $1327.10 (+0.22%), Silver at $16.29 (+0.23%), WTI Oil at $68.92 (+0.23%), Brent Oil at $64.64 (+0.40%)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates : US 10-year yield at 2.775, UK 10-year yield at 1.369, Germany 10-year yield at<\/span>\n\t<\/li>\n<\/ul>\n<h4>\n\t<span style=\"font-size:14px;\"><strong>News &amp; Data:<\/strong><\/span><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Crude Oil Inventories 1.6M vs 0.5M expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Final GDP q\/q 2.90% vs 2.70% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CHF) Credit Suisse Economic Expectations 16.7 vs 25.8 previous<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Japan must avoid bilateral trade talks with U.S.: finance minister Taro Aso<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">China&rsquo;s Gao: Hopes US takes measures and resolve conflicts with China<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">PBOC set the Yuan reference rate at 6.3046<\/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;\">Asian markets had a mixed day today, mostly sagging, post the continued tech sell-off on Wall Street. The volumes are relatively thinner, as the markets wind down ahead of the long Easter weekend.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">Iron ore prices have been volatile with a negative outlook, and hence miners have been trading lower, pulling along with them the ASX.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">While the yen was lower against the dollar, it failed to pull up the Nikkei &ndash; which is now trading in the red. Retail sales were stronger than expected, but the takeaways have been mixed.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">Chinese equities have been mixed, after US Trade Rep Lighthizer announced a 60-day review period for China tariffs. While China has reiterated that it does not want to indulge in a trade war, reports suggest that China is also lining up its arsenal with retaliatory measures.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">The dollar was unable to maintain its gains, while the US 10 year Treasury yields barely recovered from the two month low of 2.743. Crude made some gains in today&rsquo;s trade, after losing out yesterday following an unexpected increase in US crude inventory.<\/span>\n<\/p>\n<h4>\n\t<span style=\"font-size:14px;\"><strong>Upcoming Events:<\/strong><\/span><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">All Day GMT &#8211; (EUR) German Prelim CPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">07:00 AM GMT &#8211; (CHF) KOF Economic Barometer<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 AM GMT &#8211; (GBP) Current Account<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 AM GMT &#8211; (GBP) Final GDP q\/q<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 AM GMT &#8211; (GBP) Net Lending to Individuals m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 PM GMT &#8211; (CAD) GDP m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 PM GMT &#8211; (CAD) RMPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 PM GMT &#8211; (USD) Core PCE Price Index m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 PM GMT &#8211; (USD) Personal Spending m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 PM GMT &#8211; (USD) Unemployment Claims<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">01:45 PM GMT &#8211; (USD) Chicago PMI<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">02:00 PM GMT &#8211; (USD) Revised UoM Consumer Sentiment<\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei up 0.55%, Shanghai Composite up 0.73%, Hang Seng up 0.20%, ASX down 0.52% Commodities : Gold at $1327.10 (+0.22%), Silver at $16.29 (+0.23%), WTI Oil at $68.92 (+0.23%), Brent Oil at $64.64 (+0.40%) Rates : US 10-year yield at 2.775, UK 10-year yield at 1.369, Germany 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/thursday-29th-march-markets-mixed-in-subdued-trade\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 29th March: Markets mixed in subdued trade<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":25801,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25814","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\/25814","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=25814"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/25814\/revisions"}],"predecessor-version":[{"id":25815,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/25814\/revisions\/25815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/25801"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=25814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=25814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=25814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}