{"id":15257,"date":"2015-11-09T10:48:31","date_gmt":"2015-11-09T05:18:31","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=15257"},"modified":"2015-11-09T10:51:39","modified_gmt":"2015-11-09T05:21:39","slug":"monday-9th-november-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-ch-asia.com\/blog\/monday-9th-november-european-open-briefing\/","title":{"rendered":"Monday 9th November: European Open Briefing"},"content":{"rendered":"<h4>\n\tGlobal Markets:<br \/>\n<\/h4>\n<ul>\n<li>\n\t\tAsian stock markets: Nikkei up 1.85 %, Shanghai Composite gained 1.65 %, Hang Seng rose 0.05 , ASX 200 fell 1.95 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1092 (+0.45 %), Silver at $14.74 (+0.30 %), WTI Oil at $44.68 (+0.85 %), Brent Oil at $48.55 (+0.80 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 2.34, UK 10 year yield at 2.03, German 10 year yield at 0.70\n\t<\/li>\n<\/ul>\n<h4>\n\tNews &amp; Data:<br \/>\n<\/h4>\n<ul>\n<li>\n\t\tChina Trade Balance (Oct): USD 61.64bln (exp USD 62.00bln prev USD 60.34bln)\n\t<\/li>\n<li>\n\t\tChina Exports (YoY) Oct: -6.9% (exp -3.2% prev -3.7%)\n\t<\/li>\n<li>\n\t\tChina Imports (YoY) Oct: -18.8% (exp -15.2% prev -20.4%)\n\t<\/li>\n<li>\n\t\tJapan Labour Cash Earnings (YoY) Sep: 0.6% (exp 0.5% prev rev 0.4%)\n\t<\/li>\n<li>\n\t\tPBoC Fixes Yuan Reference Rate At 6.3578 (prev 6.3459)\n\t<\/li>\n<li>\n\t\tIran To Unveil 50 New Oil Projects Soon, Investment Value Of USD 185bln &#8212; TNA\n\t<\/li>\n<\/ul>\n<h4>\n\tCFTC Positioning Data:<br \/>\n<\/h4>\n<ul>\n<li>\n\t\tEUR short 134K vs. short 106K prev.\n\t<\/li>\n<li>\n\t\tGBP long 188 vs. long 4K prev.\n\t<\/li>\n<li>\n\t\tJPY short 44k vs. short 34K prev.\n\t<\/li>\n<li>\n\t\tCAD short 19K vs. short 19K prev.\n\t<\/li>\n<li>\n\t\tCHF short 7K vs. long 1.5K prev.\n\t<\/li>\n<li>\n\t\tAUD short 39K vs. short 36K prev.\n\t<\/li>\n<li>\n\t\tNZD long 6.6K vs. long 5.6K prev.\n\t<\/li>\n<\/ul>\n<h4>\n\tMarkets Update:<br \/>\n<\/h4>\n<p>\n\tAfter Friday&#39;s rally, the US Dollar weakened somewhat overnight. EUR\/USD bounced off the 1.0720 level and made it to 1.0790, while GBP\/USD reached a high of 1.5075 after trading as low as 1.5025 post-NFP. USD\/JPY remained bid however, amid demand from Japanese names. It opened around 123.25 in Sydney and rose to 123.48 overnight. The New Zealand Dollar was the strongest currency in the Asian session, as it rallied from 0.6520 to a high of 0.6565. Meanwhile, AUD\/USD started the day at 0.7030 and made it to a high of 0.7060.\n<\/p>\n<h4>\n\tUpcoming Events:<br \/>\n<\/h4>\n<ul>\n<li>\n\t\t07:00 GMT &#8211; German Trade Balance\n\t<\/li>\n<li>\n\t\t09:30 GMT &#8211; Euro Zone Sentix Investor Confidence\n\t<\/li>\n<li>\n\t\t15:00 GMT &#8211; US CB Employment Trends Index\n\t<\/li>\n<li>\n\t\t17:00 GMT &#8211; FOMC Member Rosengren speaks\n\t<\/li>\n<\/ul>\n<h4>\n\tThe Week Ahead (Key Data &amp; Events):<br \/>\n<\/h4>\n<h4>\n\tTuesday, November 10th<br \/>\n<\/h4>\n<ul>\n<li>\n\t\t00:30 GMT &#8211; Australia Home Loans\n\t<\/li>\n<li>\n\t\t02:00 GMT &#8211; Chinese CPI\n\t<\/li>\n<li>\n\t\t02:00 GMT &#8211; Chinese PPI\n\t<\/li>\n<li>\n\t\t06:45 GMT &#8211; Swiss Unemployment Rate\n\t<\/li>\n<li>\n\t\t09:00 GMT &#8211; Norwegian CPI\n\t<\/li>\n<li>\n\t\t20:05 GMT &#8211; RBNZ Governor Wheeler speaks\n\t<\/li>\n<\/ul>\n<h4>\n\tWednesday, November 11th<br \/>\n<\/h4>\n<ul>\n<li>\n\t\t05:30 GMT &#8211; Chinese Industrial Production\n\t<\/li>\n<li>\n\t\t05:30 GMT &#8211; Chinese Retail Sales\n\t<\/li>\n<li>\n\t\t09:30 GMT &#8211; UK Claimant Count Change\n\t<\/li>\n<li>\n\t\t09:30 GMT &#8211; UK Unemployment Rate\n\t<\/li>\n<li>\n\t\t10:30 GMT &#8211; Bank of England Governor Carney speaks\n\t<\/li>\n<li>\n\t\t13:15 GMT &#8211; ECB President Draghi speaks\n\t<\/li>\n<\/ul>\n<h4>\n\tThursday, November 12th<br \/>\n<\/h4>\n<ul>\n<li>\n\t\t00:30 GMT &#8211; Australian Employment Change\n\t<\/li>\n<li>\n\t\t00:30 GMT &#8211; Australian Unemployment Rate\n\t<\/li>\n<li>\n\t\t07:00 GMT &#8211; German CPI\n\t<\/li>\n<li>\n\t\t10:00 GMT &#8211; Euro Zone Industrial Production\n\t<\/li>\n<li>\n\t\t13:30 GMT &#8211; US Initial Jobless Claims\n\t<\/li>\n<li>\n\t\t14:15 GMT &#8211; FOMC Member Bullard speaks\n\t<\/li>\n<li>\n\t\t15:00 GMT &#8211; US JOLTs Job Openings\n\t<\/li>\n<\/ul>\n<h4>\n\tFriday, November 13th<br \/>\n<\/h4>\n<ul>\n<li>\n\t\t04:30 GMT &#8211; Japanese Industrial Production\n\t<\/li>\n<li>\n\t\t06:30 GMT &#8211; French GDP\n\t<\/li>\n<li>\n\t\t07:00 GMT &#8211; German GDP\n\t<\/li>\n<li>\n\t\t10:00 GMT &#8211; Italian CPI\n\t<\/li>\n<li>\n\t\t10:00 GMT &#8211; Euro Zone GDP\n\t<\/li>\n<li>\n\t\t10:00 GMT &#8211; Euro Zone Trade Balance\n\t<\/li>\n<li>\n\t\t13:30 GMT &#8211; US Retail Sales\n\t<\/li>\n<li>\n\t\t13:30 GMT &#8211; US PPI\n\t<\/li>\n<li>\n\t\t15:00 GMT &#8211; US Business Inventories\n\t<\/li>\n<li>\n\t\t15:00 GMT &#8211; US Michigan Consumer Sentiment\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 1.85 %, Shanghai Composite gained 1.65 %, Hang Seng rose 0.05 , ASX 200 fell 1.95 % Commodities: Gold at $1092 (+0.45 %), Silver at $14.74 (+0.30 %), WTI Oil at $44.68 (+0.85 %), Brent Oil at $48.55 (+0.80 %) Rates: US 10 year yield at 2.34, UK &hellip; <a href=\"https:\/\/ic-ch-asia.com\/blog\/monday-9th-november-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Monday 9th November: 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-15257","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\/15257","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=15257"}],"version-history":[{"count":2,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/15257\/revisions"}],"predecessor-version":[{"id":15259,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/15257\/revisions\/15259"}],"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=15257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=15257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=15257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}