EU markets closed mixed after another lackluster session. Most major sectors closed in positive territory led by Basic Resources and Banking stocks. The EUSXX600 closed the day up 0.24%. On the earnings front Rio Tinto was up 1% following a better than expected report while Burberry disappointed investors and took a 8% dive on the news. There is no important news on the agenda Thursday morning.
Earnings on the agenda Thursday morning: Eurotunnel.fr, Uniliver.uk, Sky.uk.
Forex & Commodities markets
FX markets went thru an inside day after the aggressive move in the sterling yesterday. OIL was the only mover dropping 4% to the 50$ level after the Inventories number showed a lower than expected decline in inventories and over oversupply worries. There is no important news on the agenda Thursday morning.
Swing trades follow up –
|Asset||Entry price||Position||Open profit||Date triggered||Stop loss||Remarks today|
|Rio Tinto.uk||31.31||400||420||13/4||31.38||Stopped out|