European Markets    

European markets closed lower opening the week on a negative tone. Autos sector was the weakest leading sector, moving lower on the ongoing Diesel Emission scandal and the strengthening Euro while energy and retail stocks were mostly in the green. For July the EUSXX50 closed marginally in the green while the DAX and CAC turned negative on Euro strength for the month.  YTD the EURSXX50 is up 4.83%.

 

Markets DAX CAC40 FTSE EUSXX50
31.7.2017 -0.37% -0.73% 0.05% -0.53%
1 Months -1.69% -0.52% 0.81% 0.22%
1 Year 17.29% 15.53% 10.13% 15.95%

 

 

 

                                                                                  MARKET MOVERS  

Aon.de 1.22% Esillor.fr -4.03%
BASF.de 1.19% Airbus.fr       -2.46%
NEXT.uk 2.22% Deutsche Bank.de -2.08%
Hargreaves.uk 2.82% British Tobacco.uk -4.97%
    EasyJet.uk -3.06%

  

Forex & Commodities markets

The Swiss franc and the Dollar downwards spiral continued to make headlines in the FX markets yesterday. The dollar closed at 2.5 year lows vs the Euro and the Swiss franc traded close to the crash levels of DEC 2014 vs the Euro. The Euro strengthened across the board to close above 1.14 vs the franc and above 1.18 vs the dollar. UK manufacturing PMI at 9:30 am and ISM manufacturing at 1:30 pm are the important news on the agenda Tuesday. 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
31.7.2017 0.4% -0.18% 0.47% 0.53% -0.1% -0.7%
USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.12% -0.1% -0.24% 0.51% 0.6%   0.47%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
EURCHF/long 1380 0.7 412 31/7 1350 New position
GOLD/short 1269 35 -82 31/7 1272 New position
USDCAD/Short 2530 0.7 219 28/7 2575
NASDAQ/Short 5915 7 56 27/7 5999
     
     
     
JPN225 19523 100 1179 3/3 19684
     
     
OPEN PROFIT     1755$