{"id":22474,"date":"2017-08-22T10:44:34","date_gmt":"2017-08-22T05:14:34","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=22474"},"modified":"2017-08-22T10:45:30","modified_gmt":"2017-08-22T05:15:30","slug":"tuesday-22nd-august-european-open-briefing","status":"publish","type":"post","link":"https:\/\/icm-cn-asia.com\/blog\/tuesday-22nd-august-european-open-briefing\/","title":{"rendered":"Tuesday 22nd 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 up 0.08 %, Shanghai Composite rose 0.13 %, Hang Seng up 0.94 %, ASX 200 climbed 0.37 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1293.86 (-0.21 %), Silver at $16.97 (-0.22 %), WTI Oil at $47.70 (+0.36 %), Brent Oil at $51.83 (+0.33 %)\n\t<\/li>\n<li>\n\t\tRates: US 10-year yield at 2.19, UK 10-year yield at 1.07, German 10-year yield at 0.39\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tCAD Wholesale Sales m\/m -0.5% vs 0.6% expected\n\t<\/li>\n<li>\n\t\tU.S. workers have low hopes for higher pay: Fed survey- RTRS\n\t<\/li>\n<li>\n\t\tOil prices edge up on signs of gradually tightening market- RTRS\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tAsian equity markets opened in green on Tuesday as investors reassessed positions ahead of a meeting of central bankers, including Federal Reserve Chairwoman Janet Yellen and European Central Bank President Mario Draghi, in Jackson Hole later this week.\n<\/p>\n<p>\n\tAUDUSD was little changed during Asian session today and was last seen trading at 79.38 U.S Cents. &nbsp;During the course of Monday&rsquo;s sessions, dollar losses had nudged the commodity currency higher, price had rised towards 0.7950 but has since given back all of its gain.\n<\/p>\n<p>\n\tEURUSD continued to trade in a small range on Tuesday, trying to test 1.1820 and then slipping back to under 1.1810. The EURO is currently seen trading at $1.1805 after climbing 0.5 percent in the previous session as the US dollar decline on Monday against the majority of its trading peers\n<\/p>\n<p>\n\tUSDJPY erased Monday&rsquo;s loss as it started moving higher during Tokyo morning. The yen lost &nbsp;over 0.3 percent against the US dollar reaching highs of 109.33.&nbsp; There are reported stop loss buyers clustered above 109.50, something to be aware of should we approach there.\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t08:30 GMT &ndash; (GBP) Public Sector Net Borrowing\n\t<\/li>\n<li>\n\t\t09:00 GMT &ndash; (EUR)German ZEW Economic Sentiment\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) Retail Sales m\/m\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.08 %, Shanghai Composite rose 0.13 %, Hang Seng up 0.94 %, ASX 200 climbed 0.37 % Commodities: Gold at $1293.86 (-0.21 %), Silver at $16.97 (-0.22 %), WTI Oil at $47.70 (+0.36 %), Brent Oil at $51.83 (+0.33 %) Rates: US 10-year yield at 2.19, UK 10-year &hellip; <a href=\"https:\/\/icm-cn-asia.com\/blog\/tuesday-22nd-august-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 22nd 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-22474","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\/22474","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=22474"}],"version-history":[{"count":2,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22474\/revisions"}],"predecessor-version":[{"id":22476,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22474\/revisions\/22476"}],"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=22474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=22474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=22474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}