European Markets    

European markets traded higher after the release of the better than expected NFP number Friday afternoon, riding the strength of the dollar vs the Euro and closing at daily highs. All major sectors closed in the green led by Food and Beverage, Autos, Industrials and banking stocks. House Builders turned red for the day after disappointing earnings from Persimmon while Adidas was up on an RBC analyst upgrade.

Markets DAX CAC40 FTSE EUSXX50
4.8.2017 1.18% 1.4% 0.49% 0.8%
1 Months -0.2% 1.4% 2.59% 1.43%
1 Year 18.88% 17.45% 11.91% 17.16%

  

                                                                                  MARKET MOVERS  

Danone.fr 3.66% Siemens.de -0.84%
Adidas.de 3.52% Persimmon.uk       -3.98%
Airbus.fr  2.86% Fresnillo.uk -3.4%
 BMW.de 2.48% Hargreaves.uk -2.6%
Smurfit.uk   3.43%    

  

Forex & Commodities markets  

The FX markets reacted to the better than expected NFP number sending the dollar index up 0.75% up from 15 month lows and sending Gold and Silver sharply lower. The greenback gained vs all major however the real test for the recovery of the dollar will come this week on the CPI number later during the week. Gold lost 10$ on the dollar strength and closed under 160 dollar per ounce. There is no important news on the agenda Monday morning.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
4.8.2017 -0.78% 0.6%  -0.31%  -0.88% -0.82% 0.86%
USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.5%  -0.5%   0.33% 0.44% -2.22%   0.41%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
EURCHF/long 1380 0.7 737 31/7 1450  Stopped out
GBPUSD/short 3131 0.7 525 3/8 3131 SL changed
USDJPY/long 110.48 0.7 138 4/8 110.48 New position
DAX/short 12238 3 -211 2/8 12300 Stopped out
OIL/short 50 5 285 1/8 50.05
GOLD/short 1264 40 251 4/8 1271 New position
     
JPN225 19523 100 1179 3/3 19684
     
     
OPEN PROFIT     2350$