{"id":22286,"date":"2017-08-08T10:32:15","date_gmt":"2017-08-08T05:02:15","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=22286"},"modified":"2017-08-08T11:14:18","modified_gmt":"2017-08-08T05:44:18","slug":"tuesday-8th-august-european-open-briefing","status":"publish","type":"post","link":"https:\/\/icm-cn-asia.com\/blog\/tuesday-8th-august-european-open-briefing\/","title":{"rendered":"Tuesday 8th August: 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 fell 0.34 %, Shanghai Composite down 0.20 %, Hang Seng rose 0.05 %, ASX 200 dropped 0.57 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1266.13 (+0.11 %), Silver at $16.25 (+0.05 %), WTI Oil at $49.20 (-0.38 %), Brent Oil at $52.15 (-0.42 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 2.25, UK 10 year yield at 1.14, German 10 year yield at 0.46\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tNAB Business Confidence Index 12 vs 8 previous\n\t<\/li>\n<li>\n\t\tCNY Trade Balance 321 B vs 294 B expected\n\t<\/li>\n<li>\n\t\tUSD Consumer Credit m\/m 12.4 B vs 15.6 B expected\n\t<\/li>\n<li>\n\t\tGBP BRC Retail Sales Monitor (YoY) 0.9% vs 1.2% expected\n\t<\/li>\n<li>\n\t\tJPY Current Account 1.52 T vs 1.52 T expected\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tAsian stocks opened on a flat note today after a disappointing Chinese trade data, although the surplus was higher both exports and imports missed on expectations.\n<\/p>\n<p>\n\tThe US Dollar tried to keep a grip on the gains made after upbeat U.S. jobs data last week., EUR\/USD from it&rsquo;s opening price of 1.17954 popped towards 1.1820&nbsp;with a steady grind higher at first and then quickly above 1.1810.&nbsp;\n<\/p>\n<p>\n\tAUD\/USD had been moving a little higher in the morning ahead of the NAB business confidence index release and it subsequently climbed a little more, reaching the high of 0.79393.\n<\/p>\n<p>\n\tThe cable had a better run in the Asian session, GBP\/USD opened at 1.30343 and was up almost 25 odd points on the day so far (at its high). Whereas, the USD\/JPY fell from it&rsquo;s opening at around 110.75 to below 110.60\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t05:45 GMT &ndash; (CHF) Unemployment Rate\n\t<\/li>\n<li>\n\t\t14:00 GMT &ndash; (USD) Jolts Job Openings\n\t<\/li>\n<li>\n\t\t22:35 GMT &ndash; (AUD) RBA Assist Gov Kent Speaks\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei fell 0.34 %, Shanghai Composite down 0.20 %, Hang Seng rose 0.05 %, ASX 200 dropped 0.57 % Commodities: Gold at $1266.13 (+0.11 %), Silver at $16.25 (+0.05 %), WTI Oil at $49.20 (-0.38 %), Brent Oil at $52.15 (-0.42 %) Rates: US 10 year yield at 2.25, UK &hellip; <a href=\"https:\/\/icm-cn-asia.com\/blog\/tuesday-8th-august-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 8th August: 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-22286","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\/22286","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=22286"}],"version-history":[{"count":4,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22286\/revisions"}],"predecessor-version":[{"id":22290,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22286\/revisions\/22290"}],"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=22286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=22286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=22286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}