Monday 30th March: European Open Briefing

Global Markets:

  • Asian stock markets: Nikkei up 0.80 %, Shanghai Composite and Hang Seng both gained 1.60 %, ASX declined 1.25 %
  • Commodities: Gold at $1193 (-0.60 %), Silver at $16.87 (-1.20 %), WTI Oil at $48.15 (-1.50 %), Brent Oil at $56.00 (-0.30 %)
  • Rates: US 10 year yield at 1.956, UK 10 year yield at 1.544, German 10 year yield at 0.209

News & Data:

  • Japan Industrial Production -3.4 %, Expected: -1.8 %, Previous: 3.7 %
  • PBOC Governor Zhou Warns On Growth Slowdown, Says PBOC Has Room To Act
  • Russia, Australia & Netherlands Join AIIB — RTRS
  • Troika Expects Greece To Miss Primary Surplus Target This Year — RTRS
  • Iran & Powers Explore Nuclear Compromises, Israel Alarmed — RTRS
  • Iran Nuclear Deal To See $20 Oil If Tehran Floods Crude Market — Telegraph

CFTC Positioning Data:

  • EUR net short 221K vs net short 194K prior
  • JPY net short 46K vs net short 48k prior
  • GBP net short 39K vs net short 38K prior
  • AUD net short 28K vs net short 29K prior
  • CAD net short 33K vs net short 33K prior
  • CHF net short 4K vs net long 2K prior

Upcoming Events:

  • 08:00 GMT – Swiss KOF Leading Indicators (89.1)
  • 08:00 GMT – Spanish CPI (-1.0 % y/y)
  • 09:00 GMT – Italian Consumer Confidence (110.9)
  • 10:00 GMT – Euro Zone Consumer Confidence (-4.0)
  • 10:00 GMT – Euro Zone Business Climate (0.2)
  • 13:00 GMT – German CPI (0.5 % m/m, 0.3 % y/y)
  • 13:00 GMT – German HICP (0.5 % m/m, 0.1 % y/y)
  • 13:30 GMT – US Core PCE Price Index (0.1 %)
  • 13:30 GMT – US Personal Spending (0.2 % m/m)
  • 13:30 GMT – US Personal Income (0.3 % m/m)
  • 15:00 GMT – US Pending Home Sales (0.4 % m/m)

The Week Ahead (Key Data Releases & Events):

Tuesday, March 31st

  • 01:00 GMT – Australia New Home Sales
  • 07:00 GMT – German Retail sales (-0.8 % m/m, 3.7 % y/y)
  • 07:45 GMT – French Consumer Spending (0.8 % m/m)
  • 08:00 GMT – Spanish Retail Sales (4.0 % y/y)
  • 08:55 GMT – German Unemployment Rate (6.5 %)
  • 08:55 GMT – German Unemployment Change (-12k)
  • 09:30 GMT – UK GDP (0.5 % q/q, 2.7 % y/y)
  • 10:00 GMT – Italian CPI (0.2 % m/m, -0.1 % y/y)
  • 10:00 GMT – Euro Zone CPI (-0.1 % y/y)
  • 10:00 GMT – Euro Zone Core CPI (0.6 % y/y)
  • 10:00 GMT – Euro Zone Unemployment Rate (11.2 %)
  • 13:30 GMT – Canadian GDP (0.2 % m/m)
  • 14:45 GMT – US Chicago PMI (51.5)
  • 15:00 GMT – US CB Consumer Confidence (96.0)

Wednesday, April 01st

  • 00:50 GMT – Japan Tankan Large Manufacturers Index (14.0)
  • 00:50 GMT – Japan Tankan Large Non-Manufacturers Index (17.0)
  • 01:30 GMT – Australian Building Approvals (-4.0 % m/m)
  • 02:00 GMT – Chinese Manufacturing PMI (49.7)
  • 02:00 GMT – Chinese Non-Manufacturing PMI
  • 02:35 GMT – Japanese Manufacturing PMI (50.4)
  • 08:15 GMT – Spanish Manufacturing PMI (54.7)
  • 08:45 GMT – Italian Manufacturing PMI (52.2)
  • 08:50 GMT – French Manufacturing PMI (52.4)
  • 08:55 GMT – German Manufacturing PMI (51.9)
  • 09:00 GMT – Euro Zone Manufacturing PMI (51.9)
  • 09:30 GMT – UK Manufacturing PMI (54.3)
  • 13:15 GMT – US ADP Nonfarm Employment Change (225k)
  • 14:00 GMT – FOMC Member Williams speaks
  • 14:45 GMT – US Markit Manufacturing PMI (51.8)
  • 15:00 GMT – US ISM Manufacturing PMI (52.5)
  • 15:30 GMT – FOMC Member Lockhart speaks

Thursday, April 02nd

  • 01:30 GMT – Australian Trade Balance (-A$1.30bln)
  • 09:30 GMT – UK Construction PMI (59.5)
  • 13:30 GMT – US Initial Jobless Claims
  • 13:30 GMT – US Trade Balance
  • 13:30 GMT – Canadian Trade Balance
  • 15:00 GMT – US Factory Orders (-0.4 % m/m)

Friday, April 03rd

  • 02:45 GMT – Chinese HSBC Services PMI
  • 13:30 GMT – US Nonfarm Payrolls (250k)
  • 13:30 GMT – US Unemployment Rate (5.5 %)
  • 13:30 GMT – US Average Hourly Earnings (0.2 % m/m)
  • 13:30 GMT – US Participation Rate

The post Monday 30th March: European Open Briefing appeared first on .

Source:: Monday 30th March: European Open Briefing

Won't your trader friends like this?
IC Markets
About the Author
IC Markets is one of the world’s only True ECN forex brokers providing trading solutions for active day traders and scalpers as well as traders that are new to the forex market. IC Markets offers its clients cutting edge trading platforms, low latency connectivity and superior liquidity. 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. Visit IC Markets Website [space height="20"] [social type="facebook"]https://www.facebook.com/icmarkets[/social] [social type="twitter"]https://twitter.com/IC_Markets[/social] [social type="google-plus"]https://plus.google.com/+Icmarketsforex/posts[/social] [social type="youtube"]http://www.youtube.com/user/ICMarkets/[/social]

Related Posts

Leave a Reply

*