European Markets:  

EU major markets closed deep in the red as investors took profits of the table and all major sectors closed in the red. The DAX underperformed the markets sinking 1.2% on weakness in Autos, banking and industrials and the markets lacked any positive momentum following weaker than expected results from BASF, down 2.9% after earnings. RBS.uk fell 4.5% and Basic resources closed down 2% to drag the FTSE into a red day. The EUSXX600 index closed lower 0.76%. There is no important news on the agenda Monday morning.

 Earnings on the agenda Monday morning: 

Markets DAX CAC40 FTSE
24.2.2017 1.2% – 0.94%- 0.38%-
3 Months 21.72% 20.69% 26.7%
1 Year 6.7% 1.35% 11.69%

 

                                                                                  MARKET MOVERS  

Hikma.uk 3.52% BASF.de  -2.88%
Easyjet.uk 1.85% BMW.de -1.76%
      Deutsche Bank.de -5.27%  
    Rio Tinto.uk   3%  
        Vivendi.fr -3.94%

Forex & Commodities markets

GOLD and metals turned out to be the winners in the markets for the second day in a row, as weakness in the global markets sent investors to metals and away from EU leading markets. FX markets closed mixed and the sterling turned red into the close on Scotland referendum speculations. There is no important news on the agenda Monday.    

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
24.2.2017 -0.78% -0.41% -0.58% -0.16% 0.54% -0.77%
USDCHF AUDUSD AUDJPY USDCAD Silver PLT
 0.07% -0.5% -0.91% -0.08% 1.23% 1.65%

 

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
Veolia.fr 15.5 600 210 23/2 15.75
Tui.de 13.69 500 185 15/2 13.91
EasyJet.uk 9.25 600 -90 23/2 9.45
BVI.fr 17.99 500 -26 24/2 18.3 New position
AUDUSD 7678 0.5 -73 24/2 7711 New position
Agrekko.uk 10.7 400 254 3/8 10.7
     
     
Air France.fr 5.95 700 340 16/2 6.41 Stopped out
OPEN PROFIT     393$