{"id":14840,"date":"2015-10-01T10:41:41","date_gmt":"2015-10-01T05:11:41","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=14840"},"modified":"2015-10-01T10:41:41","modified_gmt":"2015-10-01T05:11:41","slug":"thursday-1st-october-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-ch-asia.com\/blog\/thursday-1st-october-european-open-briefing\/","title":{"rendered":"Thursday 1st October: 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 2.30 %, ASX gained 1.80 %, Shanghai Composite &amp; Hang Seng closed\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1114.20 (-0.10 %), Silver at $14.57 (+0.35 %), WTI Oil at $45.71 (+1.35 %), Brent Oil at $48.76 (+0.55 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 2.06, UK 10 year yield at 1.76, German 10 year yield at 0.59\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tChina Caixin Manufacturing PMI (Sep, F): 47.2 (exp 47.0 flash 47.0)\n\t<\/li>\n<li>\n\t\tChina Caixin Services PMI (Sep): 50.5 (prev 51.5)\n\t<\/li>\n<li>\n\t\tChina Caixin Composite PMI (Sep): 48.0 (prev 48.8)\n\t<\/li>\n<li>\n\t\tChina Official Manufacturing PMI (Sep): 49.8 (exp 49.7 prev 49.7)\n\t<\/li>\n<li>\n\t\tChina Official Non-Manufacturing PMI (Sep): 53.4 (prev 53.4)\n\t<\/li>\n<li>\n\t\tJapan Nikkei Manufacturing PMI (Sep, F): 51.0 (flash 50.9)\n\t<\/li>\n<li>\n\t\tJapan Tankan Large Manufacturing Index: 12 (exp 13 prev 15)\n\t<\/li>\n<li>\n\t\tJapan Tankan Large Manufacturing Outlook: 10 (exp 10 prev 16)\n\t<\/li>\n<li>\n\t\tJapan Tankan Large All Industry Capex (YoY): 10.9% (exp 8.7% prev 9.3%)\n\t<\/li>\n<li>\n\t\tAustralia AiG PMI (Sep): 52.1 (prev 51.7)\n\t<\/li>\n<li>\n\t\tSouth Korea Trade Balance (Sep): USD 8.943 Bln (exp USD 6.678 Bln prev rev USD 4.270 Bln)\n\t<\/li>\n<li>\n\t\tEx-BoJ Iwata: Kuroda Too Optimistic On Economy &amp; Inflation, Further Stimulus Likely Via Bond&rsquo;s ETFs &amp; Real Estate &ndash; BBG\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tThe Aussie Dollar was the best performing currency overnight, with AUD\/UD reaching 0.7070 resistance. Should the pair break higher, it could pave the way for a test of the 0.7158 level (Sep 22 high). NZD\/USD extended gains above 0.64 and reached a high of 0.6430 in Asia, while USD\/CAD fell to 1.3280 after trading as high as 1.3430 in yesterday&#39;s European session. The Canadian Dollar has been supported by rising Oil prices in the past two trading sessions. The Euro and the Pound remain weak. EUR\/USD traded down to 1.1145 overnight and a test of 1.11 support seems likely in the short-term. GBP\/USD managed to hold above the 1.51 level, but there is no notable support now until 1.5085.\n<\/p>\n<p>\n\t<strong>Upcoming Events:<\/strong>\n<\/p>\n<ul>\n<li>\n\t\t08:15 BST &#8211; Swiss Retail Sales\n\t<\/li>\n<li>\n\t\t07:45 BST &#8211; Italian Manufacturing PMI\n\t<\/li>\n<li>\n\t\t07:50 BST &#8211; French Manufacturing PMI\n\t<\/li>\n<li>\n\t\t07:55 BST &#8211; German Manufacturing PMI\n\t<\/li>\n<li>\n\t\t08:00 BST &#8211; Euro Zone Manufacturing PMI\n\t<\/li>\n<li>\n\t\t08:30 BST &#8211; UK Manufacturing PMI\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US Initial Jobless Claims\n\t<\/li>\n<li>\n\t\t14:45 BST &#8211; US Official Manufacturing PMI\n\t<\/li>\n<li>\n\t\t15:00 BST &#8211; US ISM Manufacturing PMI\n\t<\/li>\n<li>\n\t\t19:30 BST &#8211; FOMC Member Williams speaks\n\t<\/li>\n<\/ul>\n<p>\n\t&nbsp;\n<\/p>\n<p>\n\t&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 2.30 %, ASX gained 1.80 %, Shanghai Composite &amp; Hang Seng closed Commodities: Gold at $1114.20 (-0.10 %), Silver at $14.57 (+0.35 %), WTI Oil at $45.71 (+1.35 %), Brent Oil at $48.76 (+0.55 %) Rates: US 10 year yield at 2.06, UK 10 year yield at 1.76, &hellip; <a href=\"https:\/\/ic-ch-asia.com\/blog\/thursday-1st-october-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 1st 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-14840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/14840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=14840"}],"version-history":[{"count":2,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/14840\/revisions"}],"predecessor-version":[{"id":14842,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/14840\/revisions\/14842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/media\/12469"}],"wp:attachment":[{"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=14840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=14840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=14840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}