{"id":22480,"date":"2017-08-23T10:07:21","date_gmt":"2017-08-23T04:37:21","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=22480"},"modified":"2017-08-23T10:07:21","modified_gmt":"2017-08-23T04:37:21","slug":"wednesday-23rd-august-european-open-briefing","status":"publish","type":"post","link":"https:\/\/icm-cn-asia.com\/blog\/wednesday-23rd-august-european-open-briefing\/","title":{"rendered":"Wednesday 23rd 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 0.32 %, Shanghai Composite lost 0.21 %, Hang Seng up 0.42 %, ASX 200 down 0.10 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1290.87 (-0.02 %), Silver at $16.97 (-0.02 %), WTI Oil at $47.73 (-0.21 %), Brent Oil at $51.75 (-0.23 %)\n\t<\/li>\n<li>\n\t\tRates: US 10-year yield at 2.21, UK 10-year yield at 1.09, German 10-year yield at 0.40\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tJPY Flash manufacturing PMI 52.8 vs 52.3 expected\n\t<\/li>\n<li>\n\t\tGBP Public Sector Net Borrowing -0.8 B vs 5.7 B previous\n\t<\/li>\n<li>\n\t\tEUR German ZEW Economic Sentiment 10.0 vs 14.8 expected\n\t<\/li>\n<li>\n\t\tCAD Core Retail Sales m\/m 0.7 % vs 0.0 % expected\n\t<\/li>\n<li>\n\t\tCAD Retail Sales m\/m 0.1 % vs 0.2 % expected\n\t<\/li>\n<li>\n\t\tNorth Korea&#39;s Kim orders production of more rocket engines, warhead tips- RTRS\n\t<\/li>\n<li>\n\t\tUS president Trump threatens government shutdown over wall funding- FXL\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>\u200b\u200bMarkets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tAsian equity markets steadied on Wednesday as investors continued to add risk positions despite uncertainties about what could emerge from a central banking conclave in Jackson Hole, which begins Thursday.\n<\/p>\n<p>\n\tUSDJPY carrying on its rally from US session managed to pop above highs of 109.80. However, it sold of almost immediately losing over 40 points and is currently seen trading around 109.40 handle as the US President Trump spoke at a rally for his supporters in Arizona threatening a government shutdown over the border wall with Mexico\n<\/p>\n<p>\n\tAUDUSD continuing its decline and lost around 0.2 percent, The Aussie is currently seen trading at 78.90 against the US Dollar following the government&rsquo;s announcement a month before a general election.\n<\/p>\n<p>\n\tEURUSD is seen narrowing as we approach Jackson hole. Euro regained its Asia session earlier highs and is currently trading at 1.1760 against the US Dollar. On the other side, the dollar index against a basket of six major currencies continues to be little changed at 93.522 after rising 0.5 percent the previous day.\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t07:00 GMT &ndash; (EUR) ECB President Draghi Speaks\n\t<\/li>\n<li>\n\t\t07:00 GMT &ndash; (EUR) French Flash Manufacturing PMI\n\t<\/li>\n<li>\n\t\t07:00 GMT &ndash; (EUR) French Flash Services PMI\n\t<\/li>\n<li>\n\t\t07:30 GMT &ndash; (EUR) German Flash Manufacturing PMI\n\t<\/li>\n<li>\n\t\t07:30 GMT &ndash; (EUR) German Flash Services PMI\n\t<\/li>\n<li>\n\t\t08:00 GMT &ndash; (EUR) Flash Manufacturing PMI\n\t<\/li>\n<li>\n\t\t08:00 GMT &ndash; (EUR) Flash Services PMI\n\t<\/li>\n<li>\n\t\t13:05 GMT &ndash; (USD) FOMC Member Kaplan Speaks\n\t<\/li>\n<li>\n\t\t14:00 GMT &ndash; (USD) New Home Sales\n\t<\/li>\n<li>\n\t\t14:30 GMT &ndash; (USD) Crude Oil Inventories\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.32 %, Shanghai Composite lost 0.21 %, Hang Seng up 0.42 %, ASX 200 down 0.10 % Commodities: Gold at $1290.87 (-0.02 %), Silver at $16.97 (-0.02 %), WTI Oil at $47.73 (-0.21 %), Brent Oil at $51.75 (-0.23 %) Rates: US 10-year yield at 2.21, UK 10-year &hellip; <a href=\"https:\/\/icm-cn-asia.com\/blog\/wednesday-23rd-august-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Wednesday 23rd 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-22480","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\/22480","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=22480"}],"version-history":[{"count":1,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22480\/revisions"}],"predecessor-version":[{"id":22481,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/22480\/revisions\/22481"}],"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=22480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=22480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=22480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}