European Markets    

European markets closed lower on very little price action and no important news on the agenda. The UK markets were closed for a bank holiday leaving investors very little reasons to sample the markets one week ahead of the end August, notorious for its low volumes and choppy trading environment. Most major sectors and bourses closed in the red, Vivendi was the CAC40 worst performer down 2.9% while Adidas led the DAX lower, down 1.8% on the day.  

Markets DAX CAC40 FTSE EUSXX600
28.8.2017 -0.37% -0.48% -0.51%
1 Month -0.97% -0.72% -0.69% -0.78%
1 Year 14.57 % 15.06% 7.73% 14.54%

 

                                                                                  

                                                                                                 MARKET MOVERS  

  Infineon.de     0.39% Adidas.de -1.8%
    Vivendi.fr       -2.86%
    Safran.fr -1.38%
    Airbus.de -0.97%
     DBourse.de -1.2%

 

 

Forex & Commodities markets  

After another weak session for the dollar, the markets reacted late in the day to the renewed geopolitical N. Korea tension, sending GOLD soaring to 10 month highs and over the 1300$ barrier. After a weak session the Yen turned higher on investors move to safe heavens while the AUD lost ground vs all majors overnight. OIL traded sharply lower on refineries shutdown in the US while crude prices moved higher from the same reasons. US consumer confidence at 3 pm is the important news on the agenda Tuesday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
28.8.2017  0.35% -0.1% 0.38% 0.44%   1.5% -2.3%
USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.13%  0.37% 0.33%  0.23%  2.5% 1.3%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
AUDJPY 86.55 0.7 -414 21/8 85.4 Stopped out
DAX 12154 3 -110 22/8 12110  
     
USDCHF 9561 0.7 246 25/8 9582 New position
     
EURJPY 129.22 0.7 715 24/8 128.88
NASDAQ 5807 6 9 28/8 5746 New position
     
     
OPEN PROFIT     850$