European Markets    

European markets traded higher ahead of the FOMC meeting minutes with all major bourses and leading sectors in positive territory, led by mining and Basic resources stocks. Better than expected earnings from British construction firm Balfour Beatty sent the shares up 6% to the top of the EU benchmark and lifted the sector 1.5%. The DAX gained for the third day in a row yet futures turned lower on Euro strength following the release of the FOMC meeting minutes.

    

Markets DAX CAC40 FTSE EUSXX600
16.8.2017 0.71% 0.71% 0.67% 0.69%
1 Months -0.46% 0.92% 1.6% 0.8%
1 Year 18.62% 16.93% 10.89% 16.43%

 

                                                                                 

                                                                                                 MARKET MOVERS  

Siemens.de 2.09% DTelecom.de -0.51%
Safran.fr 1.44% Adidas.de       -0.41%
   Anglo American.uk   3.62% AdmiralGroup.uk -6%
 Sage.uk 3.07% Severn.uk -0.97%
Balfour Beatty.uk    6%      

 

Forex & Commodities markets  

The dollar index saw its worst day in more than a month following the FOMC meeting minutes dovish tone and worries in the ability of US President Trump to deliver on its promised reforms. The dollar lost ground vs all majors and metals reversed sharply on the greenback weakness. OIL has fallen on the Inventories number on a soaring US output that’s undermining any OPEC attempt to cut production levels. UK retail sales at 9:30 am are the important news on the agenda Thursday.   

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
16.8.2017 0.08% -0.48%  -0.4% 0.3%  0.9%  -1.68%
USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.7%    1.22%  0.74% -0.73%  2.5% 1.73%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
EURUSD 1740 0.7 -230 16/8 1770 Stopped out
EURJPY 129.16 0.7 -11 14/8 129.15 Stopped out
AUS200 5805 5 -153 16/8 5654 New position
DAX 11993 4 1100 11/8 1100
NASDAQ 5867 5 220 14/8 5858
AUDUSD 7940 0.7 -13 17/8 7900 New position
     
JPN225 19523 100 1179 3/3 19684 Stopped out
     
     
OPEN PROFIT     1130$