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.  

MarketsDAXCAC40FTSEEUSXX600
22.8.20171.35%0.87% 0.86%0.8%
1 Month-0. 09%0.28%-0.95%0.11%
1 Year15.45%16.07%7.47%15.43%

 

                                                                                 

                                                                                                 MARKET MOVERS  

Fresenius.de3.1%AdmiralGroup.uk-1.1%
Bayer.de2.35%Provident.uk      -66%
BASF.de2.21%  
Shire.uk3.1%  
Rio Tinto.uk2.43%  

 

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.

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
22.8.2017-0.56%0.4% -0.7% -0.41% -0.54%0.6%
USDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.66%-0.43%0.05%0.03%-0.26%-0.6%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
AUDJPY86.550.7-8021/886
DAX12154332522/812000New position
SILVER17.05500-2518/816.9
EURGBP91670.73022/89150New position
   
   
   
   
   
OPEN PROFIT  217$