{"id":15689,"date":"2015-12-21T10:29:24","date_gmt":"2015-12-21T04:59:24","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=15689"},"modified":"2015-12-21T10:30:14","modified_gmt":"2015-12-21T05:00:14","slug":"monday-21st-december-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-ch-asia.com\/blog\/monday-21st-december-european-open-briefing\/","title":{"rendered":"Monday 21st December: European Open Briefing"},"content":{"rendered":"<h4 dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; font-weight: 700; vertical-align: baseline; background-color: transparent;\">Global Markets:<\/span><br \/>\n\t&nbsp;<br \/>\n<\/h4>\n<ul style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: normal; margin-top: 0pt; margin-bottom: 0pt;\">\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">Asian stock markets: Nikkei down 1.10 %, Shanghai Composite gained 1.40 %, Hang Seng rose 0.10 %, ASX 200 fell 0.15 %<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">Commodities: Gold at $1067 (+0.30 %), Silver at $14.13 (+0.30 %), WTI Oil at $35.80 (-0.73 %), Brent Oil at $36.34 (-0.90 %)<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">Rates: US 10 year yield at 2.21, UK 10 year yield at 1.83, German 10 year yield at 0.56<\/span><br \/>\n\t\t\t&nbsp;\n\t\t<\/p>\n<\/li>\n<\/ul>\n<h4 dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; font-weight: 700; vertical-align: baseline; background-color: transparent;\">News &amp; Events:<\/span><br \/>\n\t&nbsp;<br \/>\n<\/h4>\n<ul style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: normal; margin-top: 0pt; margin-bottom: 0pt;\">\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">New Zealand Consumer Sentiment 110.7 (prev 106.0)<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">PBoC Fixes Yuan Reference Rate At 6.4753 (prev 6.4814)<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">Mideast Stocks Decline After Oil Sinks To Seven-Year Low &mdash; BBG<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">Saudi Oil Production Continues To Add Pressure On Prices &#8212; National<\/span><br \/>\n\t\t\t&nbsp;\n\t\t<\/p>\n<\/li>\n<\/ul>\n<h4 dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; font-weight: 700; vertical-align: baseline; background-color: transparent;\">CFTC Positioning Data:<\/span><br \/>\n\t&nbsp;<br \/>\n<\/h4>\n<ul style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: normal; margin-top: 0pt; margin-bottom: 0pt;\">\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">EUR short 160K vs. 172 short previous<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">GBP short 17K vs. 24K short previous<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">JPY short 27K vs. 68K short previous<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">CAD short 51K vs. 40K short previous<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">CHF long 2K vs. 26K short previous<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">AUD short 10K vs. 34K short previous<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\">NZD long 1K vs. 9k long previous<\/span><br \/>\n\t\t\t&nbsp;\n\t\t<\/p>\n<\/li>\n<\/ul>\n<h4 dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; font-weight: 700; vertical-align: baseline; background-color: transparent;\">Markets Update:<\/span><br \/>\n\t&nbsp;<br \/>\n<\/h4>\n<p dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">EUR\/USD started the new trading week around 1.0860, roughly 10 pips lower from&nbsp;<span class=\"aBn\" data-term=\"goog_2035694873\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">Friday&rsquo;s<\/span><\/span>&nbsp;close. It rose to a high of 1.0885 after the Tokyo open, but ran out of momentum there and eventually fell back to 1.0865. Meanwhile, GBP\/USD recovered some of the losses from the&nbsp;<span class=\"aBn\" data-term=\"goog_2035694874\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">Friday<\/span><\/span>&nbsp;session. It opened at 1.4895 in Sydney and rose to 1.4920 during the Asian session. USD\/JPY remained quiet, following the chaotic trading&nbsp;<span class=\"aBn\" data-term=\"goog_2035694875\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">on Friday<\/span><\/span>&nbsp;caused by the BoJ announcement of further monetary policy easing. Overnight, the pair consolidated in a 121.03-38 range.<\/span><br \/>\n\t&nbsp;\n<\/p>\n<p dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">AUD\/USD began the new trading week at 0.7165, little changed from&nbsp;<span class=\"aBn\" data-term=\"goog_2035694876\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">Friday&rsquo;s<\/span><\/span>&nbsp;close. Price action was quiet overnight and the pair consolidated in a 0.7155-77 range. NZD\/USD caught a bid after the Tokyo open and rallied from 0.6720 to 0.6753. Intraday resistance is seen at 0.6780 and then 0.6840.<\/span><br \/>\n\t&nbsp;\n<\/p>\n<p dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">The week is likely to be quiet with fewer important data releases and European &amp; US markets closed&nbsp;<span class=\"aBn\" data-term=\"goog_2035694877\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">on Friday<\/span><\/span>&nbsp;for the Christmas holiday. The focus will be on US GDP data&nbsp;<span class=\"aBn\" data-term=\"goog_2035694878\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">on Tuesday<\/span><\/span>&nbsp;and UK &amp; Canadian GDP data&nbsp;<span class=\"aBn\" data-term=\"goog_2035694879\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">on Wednesday<\/span><\/span>.<\/span><br \/>\n\t&nbsp;\n<\/p>\n<p dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; font-weight: 700; vertical-align: baseline; background-color: transparent;\">Upcoming Events:<\/span><br \/>\n\t&nbsp;\n<\/p>\n<ul style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: normal; margin-top: 0pt; margin-bottom: 0pt;\">\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694880\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">07:00 GMT<\/span><\/span>&nbsp;&#8211; German PPI<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694881\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">09:00 GMT<\/span><\/span>&nbsp;&#8211; Spanish Trade Balance<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694882\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">15:00 GMT<\/span><\/span>&nbsp;&#8211; Euro Zone Consumer Confidence<\/span><br \/>\n\t\t\t&nbsp;\n\t\t<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; font-weight: 700; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694883\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">Tuesday, December 22th<\/span><\/span><\/span>\n<\/p>\n<ul style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: normal; margin-top: 0pt; margin-bottom: 0pt;\">\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694884\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">07:00 GMT<\/span><\/span>&nbsp;&#8211; German Consumer Climate<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694885\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">13:30 GMT<\/span><\/span>&nbsp;&#8211; US GDP<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694886\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">15:00 GMT<\/span><\/span>&nbsp;&#8211; US Existing Home Sales<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694887\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">15:00 GMT<\/span><\/span>&nbsp;&#8211; US Richmond Manufacturing Index<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<h4 dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694888\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">21:45 GMT<\/span><\/span>&nbsp;&#8211; New Zealand Trade Balance<\/span><br \/>\n\t\t\t&nbsp;<br \/>\n\t\t<\/h4>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; font-weight: 700; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694889\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">Wednesday, December 23th<\/span><\/span><\/span>\n<\/p>\n<ul style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: normal; margin-top: 0pt; margin-bottom: 0pt;\">\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694890\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">07:45 GMT<\/span><\/span>&nbsp;&#8211; French GDP<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694891\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">09:30 GMT<\/span><\/span>&nbsp;&#8211; UK GDP<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694892\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">10:00 GMT<\/span><\/span>&nbsp;&#8211; Italian Retail Sales<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694893\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">13:30 GMT<\/span><\/span>&nbsp;&#8211; US Durable Goods Orders<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694894\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">13:30 GMT<\/span><\/span>&nbsp;&#8211; Canadian Retail Sales<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694895\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">13:30 GMT<\/span><\/span>&nbsp;&#8211; Canadian GDP<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694896\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">15:00 GMT<\/span><\/span>&nbsp;&#8211; US New Home Sales<\/span><br \/>\n\t\t\t&nbsp;\n\t\t<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; font-weight: 700; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694897\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">Thursday, December 24th<\/span><\/span><\/span>\n<\/p>\n<ul style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: normal; margin-top: 0pt; margin-bottom: 0pt;\">\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694898\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">04:00 GMT<\/span><\/span>&nbsp;&#8211; Bank of Japan Governor Kuroda speaks<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694899\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">13:30 GMT<\/span><\/span>&nbsp;&#8211; US Initial Jobless Claims<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694900\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">23:30 GMT<\/span><\/span>&nbsp;&#8211; Japan CPI<\/span><br \/>\n\t\t\t&nbsp;\n\t\t<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t<span style=\"font-size: 14.6667px; font-family: Arial; font-weight: 700; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694901\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">Friday, December 25th<\/span><\/span><\/span>\n<\/p>\n<ul style=\"color: rgb(0, 0, 0); font-family: arial, sans-serif; font-size: 12.8px; line-height: normal; margin-top: 0pt; margin-bottom: 0pt;\">\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694902\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">05:00 GMT<\/span><\/span>&nbsp;&#8211; Japan Leading Index<\/span>\n\t\t<\/p>\n<\/li>\n<li dir=\"ltr\" style=\"margin-left: 15px; list-style-type: disc; font-size: 14.6667px; font-family: Arial; vertical-align: baseline; background-color: transparent;\">\n<p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\">\n\t\t\t<span style=\"font-size: 14.6667px; vertical-align: baseline; background-color: transparent;\"><span class=\"aBn\" data-term=\"goog_2035694903\" style=\"border-bottom-width: 1px; border-bottom-style: dashed; border-bottom-color: rgb(204, 204, 204); position: relative; top: -2px; z-index: 0;\" tabindex=\"0\"><span class=\"aQJ\" style=\"position: relative; top: 2px; z-index: -1;\">05:00 GMT<\/span><\/span>&nbsp;&#8211; Japan Housing Starts<\/span>\n\t\t<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: &nbsp; Asian stock markets: Nikkei down 1.10 %, Shanghai Composite gained 1.40 %, Hang Seng rose 0.10 %, ASX 200 fell 0.15 % Commodities: Gold at $1067 (+0.30 %), Silver at $14.13 (+0.30 %), WTI Oil at $35.80 (-0.73 %), Brent Oil at $36.34 (-0.90 %) Rates: US 10 year yield at 2.21, &hellip; <a href=\"https:\/\/ic-ch-asia.com\/blog\/monday-21st-december-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Monday 21st December: 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-15689","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\/15689","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=15689"}],"version-history":[{"count":2,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/15689\/revisions"}],"predecessor-version":[{"id":15691,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/15689\/revisions\/15691"}],"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=15689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=15689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=15689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}