{"id":26573,"date":"2018-05-15T11:22:12","date_gmt":"2018-05-15T05:52:12","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=26573"},"modified":"2018-05-24T22:33:30","modified_gmt":"2018-05-24T17:03:30","slug":"tuesday-15th-may-asian-markets-mixed-on-chinese-data","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/tuesday-15th-may-asian-markets-mixed-on-chinese-data\/","title":{"rendered":"Tuesday 15th May: Asian markets mixed on Chinese data"},"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 0.24%, Shanghai Composite up 0.05%, Hang Seng down 1.07%, ASX down 0.48%<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities : Gold at $1311.30 (-0.52%), Silver at $16.49 (-0.93%), Brent Oil at $78.22 (-0.01%), WTI Oil at $70.91 (-0.07%)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates : US 10-year yield at 3.019, UK 10-year yield at 1.472, Germany 10-year yield at 0.610<\/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;\">(CNY) Fixed Asset Investment ytd\/y 7.00% vs 7.40% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) Industrial Production y\/y 7.00% vs 6.40% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Australian Reserve Bank backs budget economic forecasts but warns US inflation a growing risk<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Brexit Rebels in Scotland Add to Theresa May&#39;s Disarray<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">India: Inflation accelerates in April<\/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 are mixed today, as investors digested economic data from China. The Wall Street pared most of its intra-day gains to end slightly higher yesterday. Crude traded higher today, after rising back toward last week&#39;s four-year high overnight.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Investors are cautious after soft Chinese economic data and awaited fresh developments on U.S.-China trade talks. China&#39;s industrial output in April beat expectations, while retail sales and fixed asset investment also increased, but missed expectations. Hong Kong&#39;s Hang Seng lost 0.9 percent, pulling back from a two-month peak to snap a five-day winning run, while Shanghai&nbsp;slipped 0.2 percent.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">The Australian market slipped into negative territory after opening higher following the modest gains overnight on Wall Street. Gold miners are weak after gold prices edged lower overnight. <\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Oil stocks are also mostly lower despite crude oil prices rising slightly overnight. The Japanese market is edging higher in choppy trade backed by a weaker yen.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Oil prices received their latest lift as OPEC reported that the global oil glut has been virtually eliminated.&nbsp;In currencies, the dollar index against a basket of six major currencies gained 0.3 percent&nbsp;<\/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;\">06:00 AM GMT &#8211; (EUR) German Prelim GDP q\/q<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">07:15 AM GMT &#8211; (CHF) PPI m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 AM GMT &#8211; (GBP) Average Earnings Index 3m\/y<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 AM GMT &#8211; (GBP) Claimant Count Change<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 AM GMT &#8211; (GBP) Unemployment Rate<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:00 AM GMT &#8211; (EUR) Flash GDP q\/q<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:00 AM GMT &#8211; (EUR) German ZEW Economic Sentiment<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:00 AM GMT &#8211; (GBP) Inflation Report Hearings<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 PM GMT &#8211; (USD) Core Retail Sales m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 PM GMT &#8211; (USD) Retail Sales m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 PM GMT &#8211; (USD) Empire State Manufacturing Index<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Tentative &#8211; (USD) Mortgage Delinquencies<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Tentative &#8211; (NZD) GDT Price Index<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">05:00 PM GMT &#8211; (USD) FOMC Member Williams Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">11:50 PM GMT &#8211; (JPY) Prelim GDP q\/q<\/span>\n\t<\/li>\n<li>\n\t\t<a href=\"https:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\">&amp;more&hellip;<\/a>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei down 0.24%, Shanghai Composite up 0.05%, Hang Seng down 1.07%, ASX down 0.48% Commodities : Gold at $1311.30 (-0.52%), Silver at $16.49 (-0.93%), Brent Oil at $78.22 (-0.01%), WTI Oil at $70.91 (-0.07%) Rates : US 10-year yield at 3.019, UK 10-year yield at 1.472, Germany 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/tuesday-15th-may-asian-markets-mixed-on-chinese-data\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 15th May: Asian markets mixed on Chinese data<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":26243,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26573","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\/26573","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=26573"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/26573\/revisions"}],"predecessor-version":[{"id":26574,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/26573\/revisions\/26574"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/26243"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=26573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=26573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=26573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}