Friday 22nd May: European Open Briefing

IC Markets No Comments

Global Markets:

  • Asian stock markets: Nikkei down 0.15 %, Shanghai Composite gained 1.50 %, Hang Seng rose 1.35 %, ASX fell 0.05 %

  • Commodities: Gold at $1206 (+0.15 %), Silver at $17.12 (-0.10 %), WTI Oil at $60.60 (-0.20 %), Brent Oil at $66.30 (-0.35 %)

  • Rates: US 10 year yield at 2.19, UK 10 year yield at 1.976, German 10 year yield at 0.646

News & Data:

  • Bank of Japan keeps interest rates and QE unchanged; voted 8-1

  • BoJ: Monetary Easing Is Exerting Intended Effects

  • BoJ: CPI Likely To Be About 0% For Time Being

  • BoJ: Inflation Expectations Rising From Longer-Term View

  • Japan Tankan Index 13.0, Previous: 12.0

  • New Zealand ANZ Consumer Confidence Index (May): 123.9 (previous 128.8)

  • New Zealand ANZ Consumer Confidence Index (m/m) May: -3.8% (previous 3.4%)

  • EU’s Juncker To Meet With Greek PM Tsipras Tomorrow — RTRS

  • Greek Spokesperson: We Are Closer To A Deal After Today’s Discussions — RTRS

  • Asia up after Wall Street sets record high, dollar steadies after slip – RTRS

  • Oil edges down but WTI set for record 10th week of gains – RTRS

  • BOJ offers brighter view of economy, keeps policy steady – RTRS

  • S&P ends at all-time highs but traders eye weak volume – RTRS

Upcoming Events:

  • 07:00 BST – German GDP

  • 07:30 BST – Bank of Japan Press Conference

  • 09:00 BST – German ZEW Business Climate

  • 09:00 BST – ECB President Draghi speaks

  • 10:00 BST – Italian Retail Sales

  • 12:00 BST – Bank of England Governor Carney speaks

  • 13:30 BST – US CPI

  • 13:30 BST – Canadian CPI

  • 13:30 BST – Canadian Retail Sales

  • 18:00 BST – Fed Chair Yellen speak

Published by

IC Markets

IC Markets is revolutionizing on-line forex trading; on-line traders are now able to gain access to pricing and liquidity previously only available to investment banks and high net worth individuals.