{"id":37120,"date":"2019-10-21T17:53:13","date_gmt":"2019-10-21T06:53:13","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=37120"},"modified":"2019-10-21T17:53:13","modified_gmt":"2019-10-21T06:53:13","slug":"monday-21st-october-asian-stocks-mixed-on-weak-sentiment","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/monday-21st-october-asian-stocks-mixed-on-weak-sentiment\/","title":{"rendered":"Monday 21st October:  Asian stocks mixed on weak sentiment"},"content":{"rendered":"<h3><strong>Global Markets:<\/strong><\/h3>\n<ul>\n<li>Asian Stock Markets : Nikkei up 0.25%, Shanghai Composite down 0.37%, Hang Seng up 0.08%, ASX up 0.04%<\/li>\n<li>Commodities : Gold at $1494.55 (+0.03%), Silver at $17.72 (+0.80%), Brent Oil at $59.35 (-0.12%), WTI Oil at $53.88 (+0.02%)<\/li>\n<li>Rates : US 10-year yield at 1.769, UK 10-year yield at 0.706, Germany 10-year yield at -0.372<\/li>\n<\/ul>\n<h3><strong>News &amp; Data:<\/strong><\/h3>\n<ul>\n<li>(EUR) German PPI m\/m 0.10% vs -0.10% expected<\/li>\n<li>(JPY) All Industries Activity m\/m 0.00% vs 0.10% expected<\/li>\n<li>(NZD) Credit Card Spending y\/y 4.80% vs 6.00% previous<\/li>\n<li>(JPY) Trade Balance -0.10T vs -0.17T expected<\/li>\n<li>(GBP) Rightmove HPI m\/m 0.60% vs -0.20% previous<\/li>\n<li>(GBP) Parliament Brexit Vote Pass<\/li>\n<li>(USD) CB Leading Index m\/m -0.10% vs 0.10% expected<\/li>\n<li>(EUR) Current Account 26.6B vs 21.3B expected<\/li>\n<li>RBA Policy debate hinges around risks of ultra low rates<\/li>\n<li>Chinese Central bank head says Yuan rate &#8216;broadly stable&#8217;<\/li>\n<li>Johnson to Renew Push to Get Brexit Deal Through Parliament<\/li>\n<\/ul>\n<h3><strong>CFTC Positioning Data: <\/strong><\/h3>\n<ul>\n<li>EUR short 75K vs 75K short last week. Unchanged<\/li>\n<li>GBP short 73K vs 73K short last week. Unchanged<\/li>\n<li>JPY short 7K vs 11K long last week. Longs switch to shorts in an 18K drop<\/li>\n<li>CHF short 13k vs 11k short last week. Shorts trimmed by 1K<\/li>\n<li>AUD short 48k vs 46k short last week. Shorts increased by 2K<\/li>\n<li>NZD short 40K vs 38K short last week. Shorts increased by 2K<\/li>\n<li>CAD long 13K vs 5K long last week. Longs trimmed by 1K.<\/li>\n<\/ul>\n<h3><strong>Markets Update:<\/strong><\/h3>\n<p>Asian stock markets are mixed on Monday following the negative cues from Wall Street Friday and amid uncertainty about the final outcome of Brexit. The British parliament delayed a vote on Prime Minister Boris Johnson&#8217;s withdrawal deal, forcing him to seek another postponement of Britain&#8217;s departure from the European Union.<\/p>\n<p>Mainland Chinese shares traded down: The Shanghai composite fell 0.4%, the Shenzhen composite was down 0.3% and the Shenzhen component lost 0.1%. In Hong Kong, the Hang Seng index advanced 0.1%. The Japanese market is modestly higher, with the benchmark Nikkei 225 Index adding 0.3%. The Australian market is extending losses from Friday, following the negative cues from Wall Street and on worries about the final outcome of Brexit.<\/p>\n<p>The pound slipped from a five-month high against the dollar and the euro after the British parliament forced Prime Minister Boris Johnson to seek a delay to an Oct. 31 deadline for Britain&#8217;s departure from the bloc. Also on Friday, U.S. President Donald Trump said he thinks a trade deal between the United States and China will be signed by the time Asia-Pacific Economic Cooperation meetings take place in Chile on Nov. 16-17.<\/p>\n<p>Long bets on U.S. crude have dropped sharply in the last two weeks after a spate of weak economic figures worldwide fanned concerns about global energy demand. Treasury prices fell in Asia. The yield on benchmark 10-year Treasury notes rose to 1.7607%. Gold, often considered safe-haven asset, was little changed at $1,490.60 per ounce.<\/p>\n<h3><strong>Upcoming Events:<\/strong><\/h3>\n<p>Monday, October 21, 2019<\/p>\n<ul>\n<li>All Day &#8211; (CAD) Federal Election<\/li>\n<\/ul>\n<p>Tuesday, October 22, 2019<\/p>\n<ul>\n<li>12:30 PM GMT &#8211; (CAD) Core Retail Sales m\/m<\/li>\n<li>12:30 PM GMT &#8211; (CAD) Retail Sales m\/m<\/li>\n<li>02:30 PM GMT &#8211; (CAD) BOC Business Outlook Survey<\/li>\n<li>10:20 PM GMT &#8211; (AUD) RBA Assist Gov Kent Speaks<\/li>\n<\/ul>\n<p>Wednesday, October 23, 2019<\/p>\n<ul>\n<li>02:30 PM GMT &#8211; (USD) Crude Oil Inventories<\/li>\n<\/ul>\n<p>Thursday, October 24, 2019<\/p>\n<ul>\n<li>07:00 AM GMT &#8211; (EUR) Spanish Unemployment Rate<\/li>\n<li>07:15 AM GMT &#8211; (EUR) French Flash Services PMI<\/li>\n<li>07:15 AM GMT &#8211; (EUR) French Flash Manufacturing PMI<\/li>\n<li>07:30 AM GMT &#8211; (EUR) German Flash Manufacturing PMI<\/li>\n<li>07:30 AM GMT &#8211; (EUR) German Flash Services PMI<\/li>\n<li>08:00 AM GMT &#8211; (EUR) Flash Manufacturing PMI<\/li>\n<li>08:00 AM GMT &#8211; (EUR) Flash Services PMI<\/li>\n<li>11:45 AM GMT &#8211; (EUR) Main Refinancing Rate<\/li>\n<li>11:45 AM GMT &#8211; (EUR) Monetary Policy Statement<\/li>\n<li>12:30 PM GMT &#8211; (EUR) ECB Press Conference<\/li>\n<li>12:30 PM GMT &#8211; (USD) Core Durable Goods Orders m\/m<\/li>\n<li>12:30 PM GMT &#8211; (USD) Durable Goods Orders m\/m<\/li>\n<li>01:45 PM GMT &#8211; (USD) Flash Manufacturing PMI<\/li>\n<\/ul>\n<p>Friday, October 25, 2019<\/p>\n<ul>\n<li>08:00 AM GMT &#8211; (EUR) German Ifo Business Climate<\/li>\n<li><a href=\"http:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\">&amp;more&#8230;<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei up 0.25%, Shanghai Composite down 0.37%, Hang Seng up 0.08%, ASX up 0.04% Commodities : Gold at $1494.55 (+0.03%), Silver at $17.72 (+0.80%), Brent Oil at $59.35 (-0.12%), WTI Oil at $53.88 (+0.02%) Rates : US 10-year yield at 1.769, UK 10-year yield at 0.706, Germany 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/monday-21st-october-asian-stocks-mixed-on-weak-sentiment\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Monday 21st October:  Asian stocks mixed on weak sentiment<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":37121,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[339],"tags":[],"class_list":["post-37120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/37120","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=37120"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/37120\/revisions"}],"predecessor-version":[{"id":37122,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/37120\/revisions\/37122"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/37121"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=37120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=37120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=37120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}