European Markets
European markets traded higher ignoring the NPF numbers and putting the N. Korean crisis behind, with all bourses and all major sectors closed in the green led by Vivendi.fr and Media stocks and a better than expected earnings result from Volvo, up more than 7% on the day. UK markets lagged on a stronger sterling as the Brexit negotiations process is moving ahead slower than expected.
| Markets | DAX | CAC40 | FTSE | EUSXX600 |
| 1.9.2017 | 0.72% | 0.74% | 0.11% | 0.65% |
| 1 Month | -1.26% | 1.54% | -0.97% | -1.81% |
| 1 Year | 13.65 % | 12.79% | 7.89% | 11.82% |
MARKET MOVERS
| Vivendi.fr | 5.21% | Inditex.sp | -3.6% |
| EON.de | 1.41% | BT.uk | -1.4% |
| Volvo.sv | 7.1% | Provident.uk | -1.25% |
| Ashtead.uk | 2.53% | ||
| Shire.uk | 2.4% |
Forex & Commodities markets
The dollar reacted to the NFP disappointing number, first selling off vs all majors then reversing sharply to close positive vs the Euro and Yen. Overall the dollar index lost vs commodities currencies and emerging markets and gained vs the Euro, coming up from 2.5 year lows. The metals markets had a positive reaction to the NFP number, up an average 1%. UK construction PMI at 9:30 AM is the important news on the agenda Monday – US markets are closed Monday for the Labor Day weekend.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 1.9.2017 | 0.19% | 0.25% | -0.13% | -0.35% | 0.59% | 0.11% |
| USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum | |
| 0.65% | 0.3% | 0.54% | -0.75% | 1.24% | 1.2% |
Swing trades follow up –
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| USDNOK | 7884 | 0.7 | -222 | 31/8 | 800 | Stopped out |
| USDJPY | 110.11 | 0.7 | -58 | 1/9 | 110.5 | Stopped out |
| DAX | 11980 | 3 | 590 | 29/8 | 11850 | |
| NASDAQ | 5807 | 6 | 1075 | 28/8 | 5775 | |
| OPEN PROFIT | 1655$ | |||||
