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.

MarketsDAXCAC40FTSEEUSXX50
28.12.2017-0.69%-0.55%0.03%-0.73%
1 Month -0.61%-0.95%2.17%-1.65%
1 Year13.12%10.14%7.27%7.49%
     

 

                                                                                 

                                                                                                 MARKET MOVERS  

Rio Tinto.uk1.54%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.

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
28.12.20170.37%-0.42%0.17%0.56%0.4%0.25%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.4%-0.81%0.33%-0.1%-0.58%0.8%0.4%

                         Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
UK100756057028/127514 
AUDJPY86.550.784019/1287.6 
Silver16.13100070018/1216.55 
GOLD125740154014/121285 
       
DAX130673-34021/1213000  Stopped out
USDSEK40030.7133019/122940 
OPEN PROFIT  $4400