European Markets                                                                

European markets traded higher across the board with all major bourses and leading sectors closing the day in positive territory. Basic resources stocks led the rally up more than 1.5% on better than expected results from mining giant Antofagasta while financials rebounded after yesterday selloff. Health care stocks staged a rebound from recent losses led by Fresenius.de and Shire.uk, up 3.1% on the day.  

Markets DAX CAC40 FTSE EUSXX600
22.8.2017 1.35% 0.87%  0.86% 0.8%
1 Month -0. 09% 0.28% -0.95% 0.11%
1 Year 15.45% 16.07% 7.47% 15.43%

 

                                                                                 

                                                                                                 MARKET MOVERS  

Fresenius.de 3.1% AdmiralGroup.uk -1.1%
Bayer.de 2.35% Provident.uk       -66%
BASF.de 2.21%    
Shire.uk 3.1%    
Rio Tinto.uk 2.43%    

 

Forex & Commodities markets  

The FX markets reversed after a strong day for the dollar index, up vs all majors and reversing Monday losses. The low volume action and lack of momentum left most markets trading sideways with very little positive or negative news on the agenda. Metals moved lower on markets strength and the dollar while OIL traders are waiting for the inventories numbers today. ECB President Draghi speech at 8:00 am and OIL inventories at 2:30 pm are the important news on the agenda Wednesday.

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
22.8.2017 -0.56% 0.4%  -0.7%  -0.41%  -0.54% 0.6%
USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.66% -0.43% 0.05% 0.03% -0.26% -0.6%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
AUDJPY 86.55 0.7 -80 21/8 86
DAX 12154 3 325 22/8 12000 New position
SILVER 17.05 500 -25 18/8 16.9
EURGBP 9167 0.7 30 22/8 9150 New position
     
     
     
     
     
OPEN PROFIT     217$