{"id":18204,"date":"2016-09-14T11:01:11","date_gmt":"2016-09-14T05:31:11","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=18204"},"modified":"2016-09-14T11:01:11","modified_gmt":"2016-09-14T05:31:11","slug":"wednesday-14th-september-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-ch-asia.com\/blog\/wednesday-14th-september-european-open-briefing\/","title":{"rendered":"Wednesday 14th September: 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 0.40 %, Shanghai Composite fell 0.55 %, Hang Seng gained 0.30 %, ASX 200 rose 0.40 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1324 (+0.05 %), Silver at $19.04 (+0.35 %), WTI Oil at $45.15 (+0.55 %), Brent Oil at $47.30 (+0.40 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 1.74, UK 10 year yield at 0.91, German 10 year yield at 0.07\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tJapan Industrial Production (MoM) Jul, F: -0.4% (flash 0.0%)\n\t<\/li>\n<li>\n\t\tJapan Industrial Production (YoY) Jul, F: -4.2% (flash -3.8%)\n\t<\/li>\n<li>\n\t\tAustralia Westpac Consumer Confidence Index (Sep): 101.4 (prev 101)\n\t<\/li>\n<li>\n\t\tNew Zealand REINZ House Sales (YoY) Aug: -3.1% (prev -10.1%)\n\t<\/li>\n<li>\n\t\tNew Zealand BoP Current Account Balance (Q2): NZD -0.945 Bln (est NZD -0.295 Bln prev NZD 1.306 Bln)\n\t<\/li>\n<li>\n\t\tBoJ to Explore Delving Deeper Into Negative Rates &#8212; Nikkei\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tUSD\/JPY continued its rally after the Nikkei reported that the BoJ is considering cutting rates even further into negative territory. USD\/JPY rallied to a high of 103.20 overnight and is up almost 200 pips from yesterday&#39;s low. Resistance is expected at 103.80, but the major obstacle for now is 104.30 (early September high).\n<\/p>\n<p>\n\tThe Euro was quiet overnight and traded in a 1.1210-30 range. The Pound declined yesterday, following weaker than expected UK CPI data. GBP\/USD reached a low of 1.3160, but found support there overnight and bounced back to 1.32.\n<\/p>\n<p>\n\tThe commodity currencies caught a bid overnight. AUD\/USD rose from 0.7440 to a high of 0.7490, while NZD\/USD rallied from 0.7230 to 0.7270.\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t07:45 BST &#8211; French CPI\n\t<\/li>\n<li>\n\t\t09:00 BST &#8211; Italian 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\t09:30 BST &#8211; UK Average Earnings\n\t<\/li>\n<li>\n\t\t10:00 BST &#8211; Euro Zone Industrial Production\n\t<\/li>\n<li>\n\t\t15:30 BST &#8211; US Crude Oil Inventories\n\t<\/li>\n<li>\n\t\t23:45 BST &#8211; New Zealand GDP\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei down 0.40 %, Shanghai Composite fell 0.55 %, Hang Seng gained 0.30 %, ASX 200 rose 0.40 % Commodities: Gold at $1324 (+0.05 %), Silver at $19.04 (+0.35 %), WTI Oil at $45.15 (+0.55 %), Brent Oil at $47.30 (+0.40 %) Rates: US 10 year yield at 1.74, UK &hellip; <a href=\"https:\/\/ic-ch-asia.com\/blog\/wednesday-14th-september-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Wednesday 14th September: 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-18204","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\/18204","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=18204"}],"version-history":[{"count":2,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/18204\/revisions"}],"predecessor-version":[{"id":18206,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/18204\/revisions\/18206"}],"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=18204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=18204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=18204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}