Daily Report December 29, 2017

European Markets:    

European markets traded lower across the board with all major sectors other than basic resources in negative territory. Low volumes and very little participation contributed to the lack of interest and indexes closed near daily lows on profit taking and a stronger Euro. Telecom stocks fell to the bottom of the EURSXX index as BT closed down more than two percent on the day.

Markets DAX CAC40 FTSE EUSXX50
28.12.2017 -0.69% -0.55% 0.03% -0.73%
1 Month -0.61% -0.95% 2.17% -1.65%
1 Year 13.12% 10.14% 7.27% 7.49%
         

 

                                                                                 

                                                                                                 MARKET MOVERS  

Rio Tinto.uk 1.54% Airbus.de -1.57%
AstraZeneka.uk  1.07% Nokia.fi          -1.5%
BHP Billiton.uk 0.91% Safran.fr -1.47%
    –% BT.uk -2.52%
   –% NMC Health.uk -2.2%

 

 Forex & Commodities markets:  

The dollar index traded lower in a low volume trading day ahead of the NEW Year weekend and closed near one month lows. The dollar weakness busted the Euro and major commodities to a strong close of the month despite strength in global equity markets. The Australian dollar closed at a three month highs versus the dollar and above the 0.78 resistance level.

There is no important news on the agenda Friday.

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
28.12.2017 0.37% -0.42% 0.17% 0.56% 0.4% 0.25%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.4% -0.81% 0.33% -0.1% -0.58% 0.8% 0.4%

                         Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
UK100 7560 5 70 28/12 7514  
AUDJPY 86.55 0.7 840 19/12 87.6  
Silver 16.13 1000 700 18/12 16.55  
GOLD 1257 40 1540 14/12 1285  
             
DAX 13067 3 -340 21/12 13000   Stopped out
USDSEK 4003 0.7 1330 19/12 2940  
OPEN PROFIT     $4400