European Markets    

European markets traded lower with all major sectors and all bourses trading in negative territory. The terror in Spain and weakness in the US markets contributed to the overall bearish sentiment and all markets closed the trading week red and all major markets are now red for the month of August. The FTSE was Europe worst performing major market, losing 1.7% on the week and if flat YTD.     

Markets DAX CAC40 FTSE EUSXX600
18.8.2017 -0.31% -0.64% -0.86% 0.71%
1 Months -0. 61% -0.07% -1.73% -0.16%
1 Year 15.37% 16.22% 6.78% 16.1%

                                                                                  

                                                                                                 MARKET MOVERS  

Societe General.fr 0.41% Nokia.fi -2.05%
Rangold.uk 1.22% Santander.sp       -2.5%
    Paddy PWRBETT.uk -3.95%
    Shire.uk -2.75%
     Babcock.uk -2.98%  

 

Forex & Commodities markets  

The FX markets traded mostly sideways in another red day for the dollar, down vs all majors and with some investors betting on OIL which turned to be the best gainer on the day, up close to 3%, despite the fracking boom which now tops six million barrels per day. Metals closed the day flat and the CAD was the FX markets best performer, again on OIL strength and dollar weakness. There is no important news on the agenda Monday.

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
18.8.2017 0.08% -0.26%  -0.03%  0.26%  0.06% 2.9%
USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.23% 0.56% 0.3% -0.81% -0.53% 0.1%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
NASDAQ 5818 10 4 18/8 5785
USDCAD 2656 0.7 -313 17/8 2600 Stopped out
SILVER 17.05 500 -75 18/8 16.9 New position
S&P 500 2430 3 3 18/8 2418 New position
     
     
     
     
     
     
OPEN PROFIT     -95$