Friday 19th June: European Open Briefing

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Global Markets:

  • Asian stock markets: Nikkei up 0.75 %, Shanghai Composite fell 2.00 %, Hang Seng rose 1.10 %, ASX gained 1.35 %
  • Commodities: Gold at $1199 (-0.20 %), Silver at $16.11 (-0.25 %), WTI Oil at $60.77 (-0.10 %), Brent Oil at $64.25 (+0.15 %)
  • Rates: US 10 year yield at 2.32, UK 10 year yield at 2.08, German 10 year yield at 0.81

News & Data:

  • Bank Of Japan Leaves Monetary Policy Unchanged As Forecasted
  • BoJ: Japan's economy has continued to recover moderately
  • BoJ: The year-on-year rate of increase in the CPI is likely to be about 0 percent for the time being, due to the effects of the decline in energy prices
  • BoJ: QQE has been exerting its intended effects, and the Bank will continue with it
  • NZ FinMin English: New Zealand Dollar May Fall Further, Long-Run Average Vs USD Is Low 60s
  • NZ FinMin English: Some Think RBNZ Has `Plenty Of Room' To Cut Rates — BBG
  • ECB Said To Hold Unscheduled Call On Greece ELA On Friday — BBG
  • EG's Dijsselbloem: Greece heading in direction of Grexit
  • Officials: ECB Told Finance Ministers Unsure If Greek Banks Able To Open On Monday

Upcoming Events:

  • 07:00 BST – German PPI
  • 07:30 BST – Bank of Japan Press Conference
  • 13:30 BST – Canadian CPI
  • 13:30 BST – Canadian Retail Sales
  • 16:40 BST – FOMC Member Williams speaks
  • 17:00 BST – FOMC Member Mester speaks

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