European Markets    

European markets closed the trading day higher, trading mostly sideways on low volume and zero market charging news until late after the EU markets closed. Most major sectors closed in positive territory however the markets lacked any leadership or momentum. Basic Resources stocks led again the sectors while banking and Autos stocks lagged.  Paddy PWR stock took another 4% dive on disappointing earnings, the stock lost 10% over the last two trading days while Pandora lost 13% on lower than expected second quarter profits.



8.8.20170.28%0.21%0.14% 0.17%
1 Months-0.25%1.7%3%1.46%
1 Year18.83%17.75%12.32%17.19%



                                                                                  MARKET MOVERS      -0.5%
 ABFood.uk1.25%Paddy -3.99%


Forex & Commodities markets  

The FX markets traded sideways most of the trading day then responded to the geopolitical North Korea tension sending the JPY sharply higher as the trading day came to a close. GOLD had a sea saw trading day moving from 2165$ to 1250$ and then back to 1265$ while the dollar index closed the day higher after a weak open. OIL Inventories is the important news on the agenda Wednesday afternoon.



8.8.2017 -0.38%-0.16% -0.6% -0.47%0.6%-0.55%
0.3% -0.05%  -0.22%-0.06%0.6%  0.14%

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
EURUSD/short17820.72847/81800SL changed
GBPUSD/short31310.710503/83014SL changed
USDJPY/long110.480.7-264/8110.48Stopped out
NZDUSD/short73440.71848/87370New position
GOLD/short126440-304/81271Stopped out