European Markets:  

EU markets closed sharply lower after UK PM Teresa May surprised the markets with a snap election call on June 8. The FTSE responded with a sharp selloff moving lower 2.5% and sending all sectors deep into red territory. The EUSXX600 closed the day down 1.1%. Oil inventories at 3:30 pm is the important news on the agenda Wednesday afternoon.

Earnings on the agenda Wednesday morning: Burberry.uk, Bunzl.uk, Accor.fr, Danone.fr, Publicis.fr.

 

MarketsDAXCAC40FTSE
18.4.2017-0.9%-1.59% -2.46%
3 Months23.48%23.89%25.44%
1 Year8.44%4.55%10.43%
    

  

                                                                                  MARKET MOVERS  

M&S.uk1.93%Airbus.de-2.52%
Persimmon.uk0.95%Sanofi.fr-2.4%
 VW.de 4.42%BNP Paribas.fr  -1.68%  
  Anglo American.uk   -5.13%
     BHP Billiton.uk -5.59%

 

Forex & Commodities markets

FX markets responded with a sharp sterling up move vs all majors to the surprise call for a UK election on June 8. The sterling move was the strongest vs the dollar this year moving the pair back to September 2016 levels, sending the sterling short sellers to cover their positions. Oil inventories at 3:30 pm is the important news on the agenda Wednesday afternoon.   

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
13.4.20172.26%-0.4%0.38%0.82%0.09%-0.2%
 USDCHFAUDUSDAUDJPYUSDCADSilverPLT
 -0.81% -0.4%-0.8% 0.46%-1%-1.19%

Swing trades follow up –

AssetEntry pricePositionOpen profitDate triggeredStop lossRemarks today
Veolia.fr17.38500-28231/316.85Stopped out
Fiat.it9.65002674/410.05 
Silver17.420016517/317.3 
EURJPY116.220.819618/3115.89New position
GOLD1252359977/41280Stopped out
Agrekko.uk10.740010463/89.41 
Peugeot.fr18.8750076031/319.2 
JPN2251952310011823/319684 
DAX123264140931/312381 
Rio Tinto.uk31.3140060713/431.38 
OPEN PROFIT  5885$