{"id":20827,"date":"2017-04-21T09:53:13","date_gmt":"2017-04-21T04:23:13","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=20827"},"modified":"2017-04-21T09:53:13","modified_gmt":"2017-04-21T04:23:13","slug":"friday-21st-april-european-open-briefing","status":"publish","type":"post","link":"https:\/\/icm-cn-asia.com\/blog\/friday-21st-april-european-open-briefing\/","title":{"rendered":"Friday 21st April: European Open Briefing"},"content":{"rendered":"<h4>\n\t<strong>Global Markets:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tAsian stock markets: Nikkei up 0.10 %, Shanghai Composite gained 0.05 %, Hang Seng rose 0.05 %, ASX 200 gained 0.65 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1281 (-0.20 %), Silver at $17.96 (-0.30 %), WTI Oil at $50.75 (+0.05 %), Brent Oil at $53.00 (+0.05 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 2.24, UK 10 year yield at 1.07, German 10 year yield at 0.25\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tJapan Nikkei Manufacturing PMI (Apr): 52.8 (prev 52.4)\n\t<\/li>\n<li>\n\t\tNew Zealand ANZ Consumer Confidence (MoM) (Apr): -2.8% to 121.7 (prev -1.70% to 125.2)\n\t<\/li>\n<li>\n\t\tAsian stocks climb, euro surrenders gains as French election jitters return &#8211; RTRS\n\t<\/li>\n<li>\n\t\tOil prices set for biggest weekly drop in a month &#8211; RTRS\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tEUR\/USD ran into strong resistance at 1.0775 yesterday and retraced back to 1.0715 later in the NY session. In Asia, the pair consolidated within a 1.0705-20 range. Larger gains seem unlikely ahead of the weekend, as most traders are waiting for the outcome of the first round of the French presidential election.\n<\/p>\n<p>\n\tGBP\/USD volatility has decreased significantly following Tuesday&#39;s big rally. The pair traded in a 1.2795-1.2815 range. However, GBP will likely remain bid in the short-term and good support is seen at 1.2750.\n<\/p>\n<p>\n\tUSD\/JPY managed to break above 109.20 resistance yesterday, but still lacks momentum. Strong resistance is seen at 110, and selling rallies is still preferred as the downtrend remains intact.\n<\/p>\n<p>\n\tAmid a lack of data and events, the Australian Dollar consolidated as well. AUD\/USD traded in a 0.7515-35 range.\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t08:00 GMT &#8211; French Manufacturing PMI\n\t<\/li>\n<li>\n\t\t08:00 GMT &#8211; French Services PMI\n\t<\/li>\n<li>\n\t\t08:30 GMT &#8211; German Manufacturing PMI\n\t<\/li>\n<li>\n\t\t08:30 GMT &#8211; German Services PMI\n\t<\/li>\n<li>\n\t\t09:00 GMT &#8211; Euro Zone Manufacturing PMI\n\t<\/li>\n<li>\n\t\t09:00 GMT &#8211; Euro Zone Services PMI\n\t<\/li>\n<li>\n\t\t09:30 GMT &#8211; UK Retail Sales\n\t<\/li>\n<li>\n\t\t13:30 GMT &#8211; Canadian CPI\n\t<\/li>\n<li>\n\t\t14:45 GMT &#8211; US Manufacturing PMI\n\t<\/li>\n<li>\n\t\t14:45 GMT &#8211; US Services PMI\n\t<\/li>\n<li>\n\t\t15:00 GMT &#8211; US Existing Home Sales\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.10 %, Shanghai Composite gained 0.05 %, Hang Seng rose 0.05 %, ASX 200 gained 0.65 % Commodities: Gold at $1281 (-0.20 %), Silver at $17.96 (-0.30 %), WTI Oil at $50.75 (+0.05 %), Brent Oil at $53.00 (+0.05 %) Rates: US 10 year yield at 2.24, UK &hellip; <a href=\"https:\/\/icm-cn-asia.com\/blog\/friday-21st-april-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Friday 21st April: 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-20827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/20827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=20827"}],"version-history":[{"count":1,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/20827\/revisions"}],"predecessor-version":[{"id":20829,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/20827\/revisions\/20829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/12469"}],"wp:attachment":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=20827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=20827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=20827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}