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.  

MarketsDAXCAC40FTSEEUSXX50
 6.11.2017-0.07%-0.19% 0.03%

%%

0.13%
1 Month 3.97%2.76%0.53%2.53%
1 Year31.31%25.96%12.98%25.02%

 

                                                                                 

                                                                                                 MARKET MOVERS  

Nokia.fi2.5%Societe General.fr-3.65%
EON.de1.06%DTelecom.fr      -2.6%
BHP Billiton.uk2.58%Adidas.de  -2.14%
NMC Health.uk2.46%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.  

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
 6.11.2017 0.7%-0.3%-0.21%0.05%1.05%2.9%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.39%-0.3%0.41%0.15%-0.25%2.4%1.6%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GOLD1272402826/101270New position
EURCAD48000.72006/104835New position
GBPUSD30730.7-4402/103135Stopped out
NASDAQ62786-140 6/106300Stopped out                         
DAX119803518029/812670     
Societe General.fr46.243007803/1046SL changed
    
    
OPEN PROFIT  $6400