{"id":23525,"date":"2017-10-27T10:32:00","date_gmt":"2017-10-27T05:02:00","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=23525"},"modified":"2017-10-27T10:32:00","modified_gmt":"2017-10-27T05:02:00","slug":"friday-27th-october-european-open-briefing","status":"publish","type":"post","link":"https:\/\/icm-cn-asia.com\/blog\/friday-27th-october-european-open-briefing\/","title":{"rendered":"Friday 27th 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 1.20 %, Shanghai Composite rose 0.28 %, Hang Seng climbed 0.83 %, ASX 200 down 0.83 %<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1269.05 (-0.04 %), Silver at $16.78 (-0.13 %), WTI Oil at $52.62 (-0.04 %), Brent Oil at $59.38 (0.13 %)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.46, UK 10-year yield at 1.38, German 10-year yield at 0.41<\/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) PPI q\/q <strong>0.2 %<\/strong> <strong>vs 0.4 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(EUR) Minimum Bid Rate <strong>0.00 % vs 0.00 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Unemployment Claims <strong>233 K vs 235<\/strong> K expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Pending Home Sales m\/<strong>m 0.0 % vs 0.2 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(EUR) Spanish Unemployment Rate <strong>16.4 % vs 16.6 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(EUR) M3 Money Supply y\/y <strong>5.1 % vs 5.0 %<\/strong> expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Dollar buoyant after ECB sends euro to three-month lows<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Oil markets tighten, Brent approaches $60 per barrel &#8211; RTRS<\/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 equity markets rose on Friday following gains in U.S equities. Technology shares were boosted by upbeat earnings from U.S. high-tech giants while the euro hovered near three-month low against the dollar after the European Central Bank extended its stimulus. Australian assets took a hit after the government lost its majority.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">USDJPY moved little early on Friday hovering around Wednesday&rsquo;s three month high of 114.245, Overall the Yen lost 0.1 percent against the dollar with the pair currently seen trading at 114.10. Nikkei 225 tacked on over 1.0 percent as the dollar strengthened against the Yen. Most tech stocks, automakers and financials climbed during the session.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">EURUSD is currently seen trading around 1.1636 after stance sent the euro&nbsp;to a three-month low of 1.1624 against the US Dollar. Overall the Euro is down 0.1 percent against the US Dollar today continuing its 1.4 percent drop on Thursday. &nbsp;The&nbsp;dollar index, which tracks the dollar against a basket of currencies gained 0.1 percent following a 0.7 percent gain on Thursday and is currently valued at 94.78<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">AUDUSD reached lows of 0.7625 as the Aussie dollar lost close to 0.4 percent against the US Dollar. Currently AUDUSD is seen trading above 0.7640. Australian politics were at the fore today as the government lost majority with their deputy prime minister and 4 senators kicked out of parliament for being dual citizens. The kiwi after creating fresh lows below 0.6820 has recovered partially as the New Zealand dollar is seen trading around 0.6840 against the US Dollar.<\/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;\">06:00 GMT &ndash; (EUR) German Import Prices m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (USD) Advance GDP q\/q<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 GMT &ndash; (USD) Advance GDP Price Index q\/q<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">14:00 GMT &ndash; (USD) Revised UoM Consumer Sentiment<\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 1.20 %, Shanghai Composite rose 0.28 %, Hang Seng climbed 0.83 %, ASX 200 down 0.83 % Commodities: Gold at $1269.05 (-0.04 %), Silver at $16.78 (-0.13 %), WTI Oil at $52.62 (-0.04 %), Brent Oil at $59.38 (0.13 %) Rates: US 10-year yield at 2.46, UK 10-year &hellip; <a href=\"https:\/\/icm-cn-asia.com\/blog\/friday-27th-october-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Friday 27th 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-23525","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\/23525","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=23525"}],"version-history":[{"count":1,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23525\/revisions"}],"predecessor-version":[{"id":23526,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/23525\/revisions\/23526"}],"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=23525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=23525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=23525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}