{"id":17244,"date":"2016-06-13T10:45:21","date_gmt":"2016-06-13T05:15:21","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=17244"},"modified":"2016-06-13T10:45:21","modified_gmt":"2016-06-13T05:15:21","slug":"monday-13th-june-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-ch-asia.com\/blog\/monday-13th-june-european-open-briefing\/","title":{"rendered":"Monday 13th June: European Open Briefing"},"content":{"rendered":"<h4>\n\t<strong>Global Markets:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tEquities: Nikkei 225 (-3.04 %), Shanghai Composite (-0.80 %), Hang Seng (-2.56 %), ASX 200 closed for holiday\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1277 (+0.15 %), Silver at $17.15 (-1.00 %), WTI Oil at $48.40 (-1.30 %), Brent Oil at $49.95 (-1.20 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 1.62, UK 10 year yield at 1.24, German 10 year yield at 0.02\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tChina Retail Sales (YoY) May: 10.0% (est. 10.10%, prev. 10.10%)\n\t<\/li>\n<li>\n\t\tChina Retail Sales (YtD) May: 10.2% (est. 10.20%, prev. 10.30%)\n\t<\/li>\n<li>\n\t\tChina Industrial Production (YoY) May: 6.0% (est. 6.00%, prev. 6.00%)\n\t<\/li>\n<li>\n\t\tChina Industrial Production (YtD) May: 5.9% (est. 5.90%, prev. 5.80%)\n\t<\/li>\n<li>\n\t\tPBOC sets USD\/CNY mid-point at 6.5805 (prev. close 6.5603)\n\t<\/li>\n<li>\n\t\tJapan Chief Cabinet Secretary Suga: Won&#39;t comment directly on FX levels; aware of volatility in stocks, interest rates and FX\n\t<\/li>\n<li>\n\t\tAllianz CIO says German bonds close to bubble territory\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>CFTC Positioning Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tEUR short 67K vs 38K short prior week\n\t<\/li>\n<li>\n\t\tGBP short 66K vs 33K short prior week.\n\t<\/li>\n<li>\n\t\tJPY long 43K vs 15K long prior week\n\t<\/li>\n<li>\n\t\tCAD long 22KK vs 26K long prior week\n\t<\/li>\n<li>\n\t\tCHF short 10K vs square per week\n\t<\/li>\n<li>\n\t\tAUD 16K short K vs 5K short prior week\n\t<\/li>\n<li>\n\t\tNZD long 9K vs 5.5 K Long prior week\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tUSD\/JPY declined 1 % overnight as risk-off sentiment returned. The pair opened around 106.80 and extended losses to 106.85 overnight. The Nikkei 225, Japanese&#39;s leading stock market index, lost more than 3 % on the day.\n<\/p>\n<p>\n\tThe British Pound weakened in Asia amid on-going Brexit fears. GBP\/USD ffell from 1.4270 to a low of 1.4160. EUR\/USD traded in a 1.1230-55 range overnight and is currently unchanged on the day.\n<\/p>\n<p>\n\tThe Australian Dollar is slightly higher vs. the USD, at 0.7380. NZD\/USD fell from 0.7065 to 0.7030 and is down 0.20 %.\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t14:30 BST &#8211; UK CB Leading Index\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>The Week Ahead:<\/strong><br \/>\n<\/h4>\n<p>\n\t<u>Tuesday, June 14th<\/u>\n<\/p>\n<ul>\n<li>\n\t\t02:30 BST &#8211; Australian NAB Business Confidence\n\t<\/li>\n<li>\n\t\t05:30 BST &#8211; Japanese Industrial Production\n\t<\/li>\n<li>\n\t\t08:15 BST &#8211; Swiss CPI\n\t<\/li>\n<li>\n\t\t09:30 BST &#8211; UK CPI\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US Retail Sales\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 Current Account\n\t<\/li>\n<\/ul>\n<p>\n\t<u>Wednesday, June 15th<\/u>\n<\/p>\n<ul>\n<li>\n\t\t01:30 BST &#8211; Australia Westpac Consumer Sentiment\n\t<\/li>\n<li>\n\t\t07:45 BST &#8211; French CPI\n\t<\/li>\n<li>\n\t\t09:30 BST &#8211; UK Unemployment Rate\n\t<\/li>\n<li>\n\t\t09:30 BST &#8211; UK Claimant Count Change\n\t<\/li>\n<li>\n\t\t10:00 BST &#8211; Euro Zone Trade Balance\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US PPI\n\t<\/li>\n<li>\n\t\t14:15 BST &#8211; US Industrial Production\n\t<\/li>\n<li>\n\t\t14:15 BST &#8211; US Manufacturing Production\n\t<\/li>\n<li>\n\t\t15:30 BST &#8211; US Crude Oil Inventories\n\t<\/li>\n<li>\n\t\t19:00 BST &#8211; Fed Rate Decision\n\t<\/li>\n<li>\n\t\t19:00 BST &#8211; FOMC Statement\n\t<\/li>\n<li>\n\t\t19:30 BST &#8211; Fed Chair Yellen speaks\n\t<\/li>\n<li>\n\t\t23:45 BST &#8211; New Zealand GDP\n\t<\/li>\n<\/ul>\n<p>\n\t<u>Thursday, June 16th<\/u>\n<\/p>\n<ul>\n<li>\n\t\t02:30 BST &#8211; Australia Employment Change\n\t<\/li>\n<li>\n\t\t02:30 BST &#8211; Australia Unemployment Rate\n\t<\/li>\n<li>\n\t\t04:00 BST &#8211; Bank of Japan Rate Decision\n\t<\/li>\n<li>\n\t\t08:30 BST &#8211; Swiss National Bank Rate Decision\n\t<\/li>\n<li>\n\t\t09:30 BST &#8211; UK Retail Sales\n\t<\/li>\n<li>\n\t\t10:00 BST &#8211; Euro Zone CPI\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US CPI\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US Initial Jobless Claims\n\t<\/li>\n<\/ul>\n<p>\n\t<u>Friday, June 17th<\/u>\n<\/p>\n<ul>\n<li>\n\t\t09:00 BST &#8211; Euro Zone Current Account\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US Building Permits\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; Canadian CPI\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Equities: Nikkei 225 (-3.04 %), Shanghai Composite (-0.80 %), Hang Seng (-2.56 %), ASX 200 closed for holiday Commodities: Gold at $1277 (+0.15 %), Silver at $17.15 (-1.00 %), WTI Oil at $48.40 (-1.30 %), Brent Oil at $49.95 (-1.20 %) Rates: US 10 year yield at 1.62, UK 10 year yield at &hellip; <a href=\"https:\/\/ic-ch-asia.com\/blog\/monday-13th-june-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Monday 13th June: 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-17244","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\/17244","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=17244"}],"version-history":[{"count":1,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/17244\/revisions"}],"predecessor-version":[{"id":17245,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/17244\/revisions\/17245"}],"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=17244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=17244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=17244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}