European Markets:    

European markets traded sideways opening the trading week on a flat note. Most major sectors were flat while miners were higher on the day while banking stocks still dragged the markets following the weak earnings report from Societe General.fr Friday. DTelecom.de was lower Monday on a poor earnings report while all other market leaders traded mostly sideways.  

Markets DAX CAC40 FTSE EUSXX50
 6.11.2017 -0.07% -0.19%  0.03%

%%

0.13%
1 Month 3.97% 2.76% 0.53% 2.53%
1 Year 31.31% 25.96% 12.98% 25.02%

 

                                                                                 

                                                                                                 MARKET MOVERS  

Nokia.fi 2.5% Societe General.fr -3.65%
EON.de 1.06% DTelecom.fr       -2.6%
BHP Billiton.uk 2.58% Adidas.de  -2.14%
NMC Health.uk 2.46% Tesco.uk -1.42%
Convatec.uk 3.79%                 

 

Forex & Commodities markets:  

The dollar index turned lower to open the week on a negative note, sending metals sharply higher and reversing again Friday gains. The dollar was weak across the board while OIL hit another high for the year this time on supply concerns following turmoil and corruption charges in the Saudi energy leadership. ECB president Draghi speech at 10 am is the important news on the agenda Tuesday.  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
 6.11.2017  0.7% -0.3% -0.21% 0.05% 1.05% 2.9%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.39% -0.3% 0.41% 0.15% -0.25% 2.4% 1.6%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GOLD 1272 40 282 6/10 1270 New position
EURCAD 4800 0.7 200 6/10 4835 New position
GBPUSD 3073 0.7 -440 2/10 3135 Stopped out
NASDAQ 6278 6 -140  6/10 6300 Stopped out                         
DAX 11980 3 5180 29/8 12670      
Societe General.fr 46.24 300 780 3/10 46 SL changed
       
       
OPEN PROFIT     $6400