{"id":18397,"date":"2016-09-30T10:46:58","date_gmt":"2016-09-30T05:16:58","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=18397"},"modified":"2016-09-30T10:46:58","modified_gmt":"2016-09-30T05:16:58","slug":"friday-30th-september-european-open-briefing","status":"publish","type":"post","link":"https:\/\/ic-ch-asia.com\/blog\/friday-30th-september-european-open-briefing\/","title":{"rendered":"Friday 30th 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 1.40 %, Shanghai Composite gained 0.15 %, Hang Seng fell 1.35 %, ASX 200 declined 0.50 %\n\t<\/li>\n<li>\n\t\tCommodities: Gold at $1326 (+0.05 %), Silver at $19.17 (-0.70 %), WTI Oil at $47.50 (-0.70 %), Brent Oil at $49.35 (-0.90 %)\n\t<\/li>\n<li>\n\t\tRates: US 10 year yield at 1.54, UK 10 year yield at 0.72, German 10 year yield at -0.12\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>News &amp; Data:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\tChina Caixin Manufacturing PMI Sep: 50.1 (est. 50.1, prev. 50)\n\t<\/li>\n<li>\n\t\tAustralia HIA New Home Sales (MoM) Sep: 6.1% (prev. -9.70%)\n\t<\/li>\n<li>\n\t\tAustralia Private Sector Credit (MoM) Aug: 0.4% (est. 0.50%, prev. 0.40%)\n\t<\/li>\n<li>\n\t\tAustralia Private Sector Credit (YoY) Aug: 5.8% (est. 5.90%, prev. 6.00%)\n\t<\/li>\n<li>\n\t\tJapan National CPI (YoY) Aug: -0.5% (est. -0.50%, prev. -0.40%)\n\t<\/li>\n<li>\n\t\tJapan National CPI Ex-Fresh Food (YoY) Aug: -0.5% (est. -0.40%, prev. -0.50%)\n\t<\/li>\n<li>\n\t\tJapan Jobless Rate Aug: 3.1% (est. 3.00%, prev. 3.00%)\n\t<\/li>\n<li>\n\t\tJapan Job-To-Applicant Ratio Aug: 1.37 (est. 1.37, prev. 1.37)\n\t<\/li>\n<li>\n\t\tJapan Overall Household Spending (YoY) Aug: -4.6% (est. -2.10%, prev. -0.50%)\n\t<\/li>\n<li>\n\t\tJapan Industrial Production (MoM) Aug P:&nbsp; 1.5% (est. 0.50%, prev. -0.40%), (YoY) Aug P: 4.6% (est. 3.40%, prev. -4.20%)\n\t<\/li>\n<li>\n\t\tJapan Housing Starts (YoY) Aug: 2.5% (est. 7.10%, prev. 90%)\n\t<\/li>\n<li>\n\t\tNew Zealand M3 Money Supply (YoY) Aug: 5.3% (prev. 6.30%)\n\t<\/li>\n<li>\n\t\tNew Zealand Building Permits (MoM) Aug: -1.0% (prev. -10.50%)\n\t<\/li>\n<li>\n\t\tNew Zealand ANZ Activity Outlook Sep: 42.4 (prev. 33.7)\n\t<\/li>\n<li>\n\t\tNew Zealand ANZ Business Confidence Sep: 27.9 (prev. 15.5)\n\t<\/li>\n<li>\n\t\tSouth Korea Nikkei Manufacturing PMI Sep: 47.6 (prev. 48.6)\n\t<\/li>\n<li>\n\t\tSouth Korea Industrial Production SA (MoM) Aug: -2.4% (est. -0.60%, prev. 1.40%)\n\t<\/li>\n<li>\n\t\tIndustrial Production (YoY) Aug: 2.3% (est. 1.60%, prev. 1.60%)\n\t<\/li>\n<li>\n\t\tUK GfK Consumer Confidence (Sep): -1 (est -5, prev -7)\n\t<\/li>\n<li>\n\t\tPBOC sets USD\/CNY mid-point at 6.6778 (prev fix. 6.6700, prev. close 6.6695)\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong>Markets Update:<\/strong><br \/>\n<\/h4>\n<p>\n\tRisk appetite decreased amid worries about the stability of Deutsche Bank, one of the largest banks in the world (11th) and systemically important financial institutions. Stocks finished the day lower yesterday, and most of the Asian indices are down this morning as well. Oil prices retraced slightly overnight, which also had an impact on risk appetite.\n<\/p>\n<p>\n\tIn FX, it remains relatively quiet. EUR\/USD traded 1.1205-25 overnight, while GBP\/USD consolidated in a 1.2945-75 range. UD\/JPY ran into decent offers ahead of the 101.80 level and the topside was capped there. While the pair remains bid overall, resistance pre-102 has proven to be tough.\n<\/p>\n<h4>\n\t<strong>Upcoming Events:<\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t07:00 BST &#8211; German Retail Sales\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 GDP\n\t<\/li>\n<li>\n\t\t10:00 BST &#8211; Euro Zone CPI\n\t<\/li>\n<li>\n\t\t10:00 BST &#8211; Euro Zone Unemployment Rate\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; US Personal Income\n\t<\/li>\n<li>\n\t\t13:30 BST &#8211; Canadian GDP\n\t<\/li>\n<li>\n\t\t14:45 BST &#8211; US Chicago PMI\n\t<\/li>\n<li>\n\t\t15:00 BST &#8211; US Michigan Consumer Sentiment\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei down 1.40 %, Shanghai Composite gained 0.15 %, Hang Seng fell 1.35 %, ASX 200 declined 0.50 % Commodities: Gold at $1326 (+0.05 %), Silver at $19.17 (-0.70 %), WTI Oil at $47.50 (-0.70 %), Brent Oil at $49.35 (-0.90 %) Rates: US 10 year yield at 1.54, UK &hellip; <a href=\"https:\/\/ic-ch-asia.com\/blog\/friday-30th-september-european-open-briefing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Friday 30th 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-18397","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\/18397","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=18397"}],"version-history":[{"count":1,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/18397\/revisions"}],"predecessor-version":[{"id":18398,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/posts\/18397\/revisions\/18398"}],"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=18397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=18397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-ch-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=18397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}