{"id":16807,"date":"2016-04-26T10:13:37","date_gmt":"2016-04-26T04:43:37","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=16807"},"modified":"2016-04-26T10:13:37","modified_gmt":"2016-04-26T04:43:37","slug":"tuesday-26th-april-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-ch-asia.com\/blog\/tuesday-26th-april-european-open-briefing\/","title":{"rendered":"Tuesday 26th April: 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 down 1.10 %, Shanghai Composite lost 0.30 %, Hang Seng declined 0.85 %, ASX 200 fell 0.25 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1237 (-0.25 %), Silver at $16.98 (-0.15 %), WTI Oil at $42.90 (+0.55 %), Brent Oil at $44.60 (+0.60 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 1.90, UK 10 year yield at 1.61, German 10 year yield at 0.26\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tSouth Korea GDP (YoY) Q1, P: 2.7% (exp 2.7% prev 3.1%)\n\t<\/li>\n<li>\n\t\tSouth Korea GDP SA (QoQ) Q1, P: 0.4% (exp 0.4% prev 0.7%)\n\t<\/li>\n<li>\n\t\tPBoC Fixes Yuan At 6.4882 (prev 6.5120)\n\t<\/li>\n<li>\n\t\tBig Week For BoJ As Surging Yen Piles On Easing Pressure &#8212; FT\n\t<\/li>\n<li>\n\t\tAsian stocks retreat ahead of Fed, BOJ meetings &#8211; RTRS\n\t<\/li>\n<li>\n\t\tNew U.S. home sales drop on sharp decline in the West &#8211; RTRS\n\t<\/li>\n<li>\n\t\tOil futures rise on weaker dollar, new cash inflows &#8211; RTRS\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tUSD\/JPY extended losses overnight and fell to 110.85 as Asian stock markets declined at the open. Support is noted in the 110.50-60 area, with stops resting below. Volatility will remain high in the coming days with the FOMC minutes being released tomorrow&nbsp;and the Bank of Japan deciding on interest rates on Thursday.\n<\/p>\n<p>\n\tEUR\/USD bounced off 1.1215 and is slowly rising back towards 1.13. Offers are noted at that level and ahead of 1.1350. GBP\/USD traded above 1.45 yesterday, but fell to 1.4478 in the early Asian session. Bids are noted at 1.4400\/05 and 1.4360, while offers rest at 1.4520 and 1.4580.\n<\/p>\n<p>\n\tAUD\/USD was quiet overnight and traded in a 0.7705-25 range. NZD\/USD bounced off 0.6840 support again and rose to 0.6888 in Asia.\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t08:30 BST &#8211; Swedish PPI\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US Durable Goods Orders\n\t<\/li>\n<li>\n\t\t13:55 BST &#8211; US Redbook\n\t<\/li>\n<li>\n\t\t13:55 BST &#8211; Bank of Canada Governor Poloz speaks\n\t<\/li>\n<li>\n\t\t14:45 BST &#8211; US Services PMI\n\t<\/li>\n<li>\n\t\t15:00 BST &#8211; US CB Consumer Confidence\n\t<\/li>\n<li>\n\t\t15:00 BST &#8211; US Richmond Manufacturing Index\n\t<\/li>\n<li>\n\t\t21:35 BST &#8211; US API Weekly Crude Oil Stock\n\t<\/li>\n<li>\n\t\t23:45 BST &#8211; New Zealand Trade Balance\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei down 1.10 %, Shanghai Composite lost 0.30 %, Hang Seng declined 0.85 %, ASX 200 fell 0.25 % Commodities: Gold at $1237 (-0.25 %), Silver at $16.98 (-0.15 %), WTI Oil at $42.90 (+0.55 %), Brent Oil at $44.60 (+0.60 %) Rates: US 10 year yield at 1.90, UK &hellip; <a href=\"https:\/\/ic-ch-asia.com\/blog\/tuesday-26th-april-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 26th April: 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-16807","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\/16807","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=16807"}],"version-history":[{"count":1,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/16807\/revisions"}],"predecessor-version":[{"id":16808,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/16807\/revisions\/16808"}],"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=16807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=16807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=16807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}