{"id":22433,"date":"2017-08-18T10:11:22","date_gmt":"2017-08-18T04:41:22","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=22433"},"modified":"2017-08-18T10:11:22","modified_gmt":"2017-08-18T04:41:22","slug":"friday-18th-august-european-open-briefing","status":"publish","type":"post","link":"https:\/\/icm-cn-asia.com\/blog\/friday-18th-august-european-open-briefing\/","title":{"rendered":"Friday 18th 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 lost 1.25 %, Shanghai Composite dropped 0.20 %, Hang Seng down 0.75 %, ASX lost 0.67 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1292.88 (+ 0.05%), Silver at $16.96 (- 0.55 %), WTI Oil at $47.05 (-0.08 %), Brent Oil at $50.98 (-0.10 %)\n\t<\/li>\n<li>\n\t\tRates: US 10-year yield at 2.20, UK 10-year yield at 1.09, German 10-year yield at 0.41\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tGBP Retail Sales m\/m 0.3 % vs 0.2 % expected\n\t<\/li>\n<li>\n\t\tEUR Final CPI y\/y 1.3 % vs 1.3 % expected\n\t<\/li>\n<li>\n\t\tCAD Manufacturing Sales m\/m -1.8 % vs -1.0 % expected\n\t<\/li>\n<li>\n\t\tUSD Unemployment Claims 232 K vs 240 K expected\n\t<\/li>\n<li>\n\t\tUSD Philly Fed Manufacturing Index 18.9 vs 18.3 expected\n\t<\/li>\n<li>\n\t\tUSD Industrial production m\/m 0.2 % vs 0.3 % expected\n\t<\/li>\n<li>\n\t\tDollar slips vs yen, dented by doubts over U.S. policy agenda &ndash; RTRS\n\t<\/li>\n<li>\n\t\tOil prices fall amid broader market selloff, despite tightening supplies &#8211; RTRS\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tEquity markets across the Asia-Pacific region were down early on Friday&nbsp;as a sense of growing unease gripped financial markets over concerns of Terrorist attack in Barcelona as well as political uncertainties in the U.S\n<\/p>\n<p>\n\tUSD\/JPY dropped below 109.40 as The dollar posted its third session of losses against the yen, falling 0.15 percent in value. Meanwhile the EUR\/JPY approached 128.00 and is currently seen Trading around today&rsquo;s open at around 128.30 now.\n<\/p>\n<p>\n\tEUR\/USD up almost 0.1 percent on Friday gaining from its lows (circa 1.1710)&nbsp;to $1.17305, making up some of the previous session&#39;s 0.4 percent drop. From a technical perspective, the Euro aggressively whipsawed through the 1.17 handle yesterday, challenging the demand at 1.1650-1.1664.\n<\/p>\n<p>\n\tGBP\/USD has ticked up from lows of around 1.2860 and is currently seen trading around 1.2890. It is notable that since Tuesday, the Cable has been Consolidating between the 1.29 handle and the mid-level support at 1.2850.&nbsp;\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t12:30 GMT &ndash; (CAD) CPI m\/m\n\t<\/li>\n<li>\n\t\t12:30 GMT &ndash; (CAD) Core Retail Sales m\/m\n\t<\/li>\n<li>\n\t\t12:30 GMT &ndash; (CAD) Common CPI y\/\n\t<\/li>\n<li>\n\t\t12:30 GMT &ndash; (CAD) Retail Sales m\/m\n\t<\/li>\n<li>\n\t\t14:00 GMT &ndash; (CAD) Prelim UoM Consumer Sentiment\n\t<\/li>\n<li>\n\t\t14:15 GMT &ndash; (USD) FOMC Member Kaplan Speaks\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei lost 1.25 %, Shanghai Composite dropped 0.20 %, Hang Seng down 0.75 %, ASX lost 0.67 % Commodities: Gold at $1292.88 (+ 0.05%), Silver at $16.96 (- 0.55 %), WTI Oil at $47.05 (-0.08 %), Brent Oil at $50.98 (-0.10 %) Rates: US 10-year yield at 2.20, UK 10-year &hellip; <a href=\"https:\/\/icm-cn-asia.com\/blog\/friday-18th-august-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Friday 18th 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-22433","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\/22433","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=22433"}],"version-history":[{"count":2,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22433\/revisions"}],"predecessor-version":[{"id":22435,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22433\/revisions\/22435"}],"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=22433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=22433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=22433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}