{"id":26151,"date":"2018-04-19T11:35:29","date_gmt":"2018-04-19T06:05:29","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=26151"},"modified":"2018-04-19T11:37:46","modified_gmt":"2018-04-19T06:07:46","slug":"thursday-19th-april-asian-markets-gain-on-oil-rally","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/thursday-19th-april-asian-markets-gain-on-oil-rally\/","title":{"rendered":"Thursday 19th April : Asian markets gain on oil rally"},"content":{"rendered":"<h2>\n\t<strong><span style=\"font-size:14px;\">Global Markets:<\/span><\/strong><br \/>\n<\/h2>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">Asian Stock Markets : Nikkei up 0.21%, Shanghai Composite up 0.93%, Hang Seng up 1.35%, ASX up 0.31%<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities : Gold at $1355.00 (+0.11%), Silver at $17.25 (-0.02%), WTI Oil at $73.91 (+0.59%), Brent Oil at $68.80 (+0.48%)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates : US 10-year yield at 2.871, UK 10-year yield at 1.410, Germany 10-year yield at 0.532<\/span>\n\t<\/li>\n<\/ul>\n<h2>\n\t<span style=\"font-size:14px;\"><strong>News &amp; Data:<\/strong><\/span><br \/>\n<\/h2>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) Unemployment Rate 5.50% vs 5.50% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) Employment Change 4.9K vs 20.3K expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(NZD) CPI q\/q 0.50% vs 0.40% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Crude Oil Inventories -1.1M vs -0.5M expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CAD) Overnight Rate 1.25% vs 1.25% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(EUR) Final CPI y\/y 1.30% vs 1.40% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(GBP) RPI y\/y 3.30% vs 3.50% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(GBP) PPI Input m\/m -0.10% vs 0.30% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(GBP) CPI y\/y 2.50% vs 2.70% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Hong Kong Dollar Spikes Most In 3 Months As HKMA Chief Jawbones<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">BOJ&#39;s bond buys drop to pre-Kuroda levels<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Crude Oil Prices Eye OPEC Meeting After Soaring to 3-Year High<\/span>\n\t<\/li>\n<\/ul>\n<h2>\n\t<span style=\"font-size:14px;\"><strong>Markets Update:<\/strong><\/span><br \/>\n<\/h2>\n<p>\n\t<span style=\"font-size:14px;\">Asian markets were broadly higher today, as the geo-political tensions in the region continue to de-escalate. President Trump&rsquo;s optimism of the outcome of talks with North Korea have been viewed as a signal of the administration&rsquo;s positive outlook on the planned summit.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">The yen continues to fall as risk sentiment improves. The falling yen has propped up the Nikkei,&nbsp; while the macro economic news continues to be neutral. The trade summit between Trump and PM Abe concluded without any major breakthroughs. <\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">ASX also positive, miners gained sharply, from the commodity bounce. Chinese markets gained, on the back of easing of liquidity concerns and the Commerce Ministry&rsquo;s new anti dumping duties on rubber imports.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Oil prices hit new highs last seen in 2014, which in turn put pressure on fixed income assets given the potential to raise inflation globally. The dollar remained rangebound today against most majors. Yields on U.S. two-year Treasuries stood at levels last visited in 2008 at 2.43 percent.<\/span>\n<\/p>\n<h2>\n\t<span style=\"font-size:14px;\"><strong>Upcoming Events:<\/strong><\/span><br \/>\n<\/h2>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 AM GMT &#8211; (GBP) Retail Sales m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:00 PM GMT &#8211; (USD) FOMC Member Brainard Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 PM GMT &#8211; (USD) Philly Fed Manufacturing Index<\/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;\">01:30 PM GMT &#8211; (USD) FOMC Member Quarles Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">04:30 PM GMT &#8211; (GBP) MPC Member Cunliffe Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">10:45 PM GMT &#8211; (USD) FOMC Member Mester Speaks<\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei up 0.21%, Shanghai Composite up 0.93%, Hang Seng up 1.35%, ASX up 0.31% Commodities : Gold at $1355.00 (+0.11%), Silver at $17.25 (-0.02%), WTI Oil at $73.91 (+0.59%), Brent Oil at $68.80 (+0.48%) Rates : US 10-year yield at 2.871, UK 10-year yield at 1.410, Germany 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/thursday-19th-april-asian-markets-gain-on-oil-rally\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 19th April : Asian markets gain on oil rally<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":26149,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26151","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\/26151","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=26151"}],"version-history":[{"count":2,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/26151\/revisions"}],"predecessor-version":[{"id":26153,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/26151\/revisions\/26153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/26149"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=26151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=26151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=26151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}