{"id":23404,"date":"2017-10-19T10:15:11","date_gmt":"2017-10-19T04:45:11","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=23404"},"modified":"2017-10-19T10:55:06","modified_gmt":"2017-10-19T05:25:06","slug":"thursday-19th-october-european-open-briefing","status":"publish","type":"post","link":"https:\/\/icm-cn-asia.com\/blog\/thursday-19th-october-european-open-briefing\/","title":{"rendered":"Thursday 19th October: European Open Briefing"},"content":{"rendered":"<h4>\n\t<strong>Global Markets:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">Asian stock markets: Nikkei up 0.45 %, Shanghai Composite lost 0.51 %, Hang Seng dropped 0.30 %, ASX 200 climbed 0.10%<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1279.88 (-0.02 %), Silver at $16.96 (-0.10 %), WTI Oil at $51.99 (-0.18 %), Brent Oil at $58.14 (-0.23 %)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.34, UK 10-year yield at 1.31, German 10-year yield at 0.40<\/span>\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) Employment Change <strong>19.8 K vs 14.1 K<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) Unemployment Rate <strong>5.5 % vs 5.6 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(AUD) NAB Quarterly Business Confidence <strong>7 vs 8<\/strong> previous<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) GDP q\/y <strong>6.8 % vs 6.8 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) Industrial Production y\/y <strong>6.6 % vs 6.4 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) Fixed Asset Investment ytd\/y <strong>7.5 % vs 7.7 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">&nbsp;(USD) Building Permits 1<strong>.22 M vs 1.25 M<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Housing <strong>Starts 1.13 M vs 1.18 M<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Crude Oil Inventories <strong>-5.7 M vs -4.7 M<\/strong> expected<\/span>\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\t<span style=\"font-size:14px;\">Asia-Pacific equity markets were mixed earlier on Thursday as investors digested a barrage of economic data releases out of China. The Key Asian indexes gaining was led by strength in Japan, thanks to a weaker yen and robust trade data. However, the Chinese markets fell in spite of economic data from the country showed a solid pace of growth last quarter<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">USDJPY had an active session early on Thursday, the dollar rose close to 0.1 percent against the Yen to 113.0, this is in continuation to 0.6 percent climb overnight on Wednesday. Japan&#39;s Nikkei&nbsp;<\/span><a href=\"https:\/\/www.reuters.com\/finance\/markets\/index?symbol=jp%21n225\" style=\"font-size: 14px;\">.N225<\/a><span style=\"font-size: 14px;\">&nbsp;advanced as high as 0.6 percent to a fresh 21-year high. The yen&rsquo;s drop overnight against the U.S. dollar helped lift exporters.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">EURUSD is currently seen trading around 1.1801 after the Euro popped above 1.1810 against the US Dollar earlier today down from lows under 1.1790. &nbsp;Overall the Euro gained close to 0.1 percent against the US Dollar. The&nbsp;dollar index, which tracks the dollar against a basket of currencies was seen trading flat and is currently valued at 93.37<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">AUDUSD rose as high at 0.7871 earlier in the session on back of strong Australian labour market report as the AUD gained close to 0.3 percent against the US Dollar. However, after the Chinese data release, the Aussie was not able to sustain its gains and is currently seen trading around 0.7850<\/span>\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 GMT &ndash; (GBP) Retail Sales m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 GMT &ndash; (GBP) Retail Sales m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (USD) Unemployment Claims<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (USD) Philly Fed Manufacturing Index<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">14:00 GMT &ndash; (USD) CB Leading Index m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">14:30 GMT &ndash; (USD) Natural Gas Storage<\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.45 %, Shanghai Composite lost 0.51 %, Hang Seng dropped 0.30 %, ASX 200 climbed 0.10% Commodities: Gold at $1279.88 (-0.02 %), Silver at $16.96 (-0.10 %), WTI Oil at $51.99 (-0.18 %), Brent Oil at $58.14 (-0.23 %) Rates: US 10-year yield at 2.34, UK 10-year yield &hellip; <a href=\"https:\/\/icm-cn-asia.com\/blog\/thursday-19th-october-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 19th October: 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-23404","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\/23404","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=23404"}],"version-history":[{"count":1,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23404\/revisions"}],"predecessor-version":[{"id":23405,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23404\/revisions\/23405"}],"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=23404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=23404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=23404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}