{"id":15442,"date":"2015-11-26T10:28:08","date_gmt":"2015-11-26T04:58:08","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=15442"},"modified":"2015-11-26T10:28:08","modified_gmt":"2015-11-26T04:58:08","slug":"thursday-26th-november-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-ch-asia.com\/blog\/thursday-26th-november-european-open-briefing\/","title":{"rendered":"Thursday 26th November: European Open Briefing"},"content":{"rendered":"<h4>\n\tGlobal Markets:<br \/>\n<\/h4>\n<ul>\n<li>\n\t\tAsian stock markets: Nikkei up 0.65 %, Shanghai Composite rose 0.25 %, Hang Seng gained 1.15 %, ASX rallied 0.50 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1073 (+0.30 %), Silver at $14.19 (+0.25 %), WTI Oil at $43.25 (+0.50 %), Brent Oil at $46.25 (-0.05 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 2.23, UK 10 year yield at 1.89, German 10 year yield at 0.48\n\t<\/li>\n<\/ul>\n<h4>\n\tNews &amp; Data:<br \/>\n<\/h4>\n<ul>\n<li>\n\t\tNew Zealand Trade Balance (Oct): NZD -963Mln (exp NZD -1000Mln prev NZD -1222Mln)\n\t<\/li>\n<li>\n\t\tNew Zealand Trade Balance 12M YtD (Oct): NZD -3237Mln (exp NZD -3318Mln prev NZD -3235Mln)\n\t<\/li>\n<li>\n\t\tNew Zealand Imports (Oct): NZD 4.79Bln (exp NZD 4.97Bln prev NZD 4.91Bln)\n\t<\/li>\n<li>\n\t\tNew Zealand Exports (Oct): NZD 3.83Bln (exp NZD 4.00Bln prev NZD 3.69Bln)\n\t<\/li>\n<li>\n\t\tAustralia Private CapEx (QoQ) Q3: -9.2% (exp -2.9% prev -4.0%)\n\t<\/li>\n<li>\n\t\tSouth Korea Consumer Confidence Index: 106 (prev. 105)\n\t<\/li>\n<li>\n\t\tPBoC Fixes Yuan Reference Rate At 6.3896 (prev 6.3877)\n\t<\/li>\n<li>\n\t\tPBoC&#39;s Sheng Expects Net Capital Inflows In Long Run And For FX Volatility &amp; Outflows To Subside &#8212; MNI\n\t<\/li>\n<li>\n\t\tSheng: CNY Won&rsquo;t See Large Weakness Despite Short Term Pressure &#8212; MNI\n\t<\/li>\n<\/ul>\n<h4>\n\tMarkets Update:<br \/>\n<\/h4>\n<p>\n\tSpeculation about further easing measures by the ECB put the Euro under pressure yesterday and led to a 100 pips decline in EUR\/USD. The pair fell to a low of 1.0565 at the NY open, a fresh multi-month low. It bounced from there and rose to 1.0640 at the end of the session. In Asia, EUR\/USD consolidated in a 1.0615-28 range.\n<\/p>\n<p>\n\tGBP\/USD found once again support ahead of the 1.5050 level and rose back above 1.51 in yesterday&#39;s late NY session. Asia did not have much interest in the pair and it was stuck in a 1.5115-30 range. Meanwhile, USD\/JPY retraced some of its gains amid broad USD weakness. It opened around 122.70 in Sydney and fell to a low of 122.55.\n<\/p>\n<p>\n\tLooking ahead, there are no tier 1 data releases today. Markets are quiet overall and it might stay like that today due to US markets being closed for the Thanksgiving holiday.\n<\/p>\n<h4>\n\tUpcoming Events:<br \/>\n<\/h4>\n<ul>\n<li>\n\t\t08:00 GMT &#8211; Spanish GDP\n\t<\/li>\n<li>\n\t\t12:00 GMT &#8211; German GfK Consumer Climate\n\t<\/li>\n<li>\n\t\t23:30 GMT &#8211; Japan CPI\n\t<\/li>\n<li>\n\t\t23:30 GMT &#8211; Japan Unemployment Rate\n\t<\/li>\n<li>\n\t\t23:30 GMT &#8211; Japan Household Spending\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.65 %, Shanghai Composite rose 0.25 %, Hang Seng gained 1.15 %, ASX rallied 0.50 % Commodities: Gold at $1073 (+0.30 %), Silver at $14.19 (+0.25 %), WTI Oil at $43.25 (+0.50 %), Brent Oil at $46.25 (-0.05 %) Rates: US 10 year yield at 2.23, UK 10 &hellip; <a href=\"https:\/\/ic-ch-asia.com\/blog\/thursday-26th-november-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 26th 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-15442","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\/15442","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=15442"}],"version-history":[{"count":2,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/15442\/revisions"}],"predecessor-version":[{"id":15444,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/15442\/revisions\/15444"}],"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=15442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=15442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=15442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}