EU markets closed the trading week mixed and overall red for the week, ahead of the French Election results Monday morning. The FTSE underperformed the markets, closing the week down 2.8%. The EUSXX600 closed the day up 0.02% and was flat for the week. On the earnings front Danone reported weaker than expected earnings sending the stock down 2.5%. German IFO Business Climate is the important news on the agenda Monday morning.
Earnings on the agenda Monday morning: —
|Societe General.fr||1.74%||Anglo American.uk||-1.67%|
Forex & Commodities markets
FX markets went thru another inside day ahead of the French election results Sunday night with no major moves. OIL was the loser on the day dropping again another 2.5% after another surge in US drilling output. US production is now standing close to Saudi Arabia exports, OPEC top exporter. German IFO Business Climate is the important news on the agenda Monday morning.
Swing trades follow up –
|Asset||Entry price||Position||Open profit||Date triggered||Stop loss||Remarks today|