European Markets:    

European markets traded lower sharply lower, down more than one percent on average, on leading bourses and US markets weakness Friday afternoon. Most leading sectors other than miners and defensive stocks closed in the red led by Autos and Industrial stocks. While US markets recovered late in the day EU markets closed at the lows, setting up a positive open for Monday morning.   

MarketsDAXCAC40FTSEEUSXX50
1.12.2017-1.25%-1.04%-0.36%-1.19%
1 Month -4.58%-3.64%-3.44%-4.4%
1 Year22.33%17.4%8.47%17%
     

 

                                                                                 

                                                                                                 MARKET MOVERS  

BATS.uk2.04%VW.de-2.67%
AngloAmerican.uk1.84%Sanofi.fr      -2.32%
EasyJet.uk     1.35%Airbus.de          -2.27%
  ABFood.uk-2.65%
  Severn.uk-2.53%

 

  

Forex & Commodities markets:  

The dollar index traded mostly lower in a choppy trading day then reversing higher on positive TAX Reform news over the weekend. The CAD was the big winner in the markets Friday, up more than 1.5% vs the dollar on positive employment news while OPEC production cuts sent OIL higher and above 58.5$ per barrel at the close. UK Construction PMI at 9:30 am GMT is the important news on the agenda Monday.

 

  

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
1.12.2017-0.41% -0.4%-0.5%-0.1%0.6%1.6%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
 -0.3% -0.72%0.6%0.21%-1.61%0.01%0.15%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GOLD127240706/101270 
AUDNZD10000.636029/110960 
NASDAQ63056-15020/106370    Stopped out   
EURJPY131.820.7112323/11133.64Stopped out
GOLD177725-801/121270New position
USDCAD27690.622028/112838Stopped out
DAX129453-101/1212800New position
       
OPEN PROFIT  $320