European Markets – HAPPY NEW YEAR
The FTSE 100 was for the second day in a row the only winner in the EU markets. Weakness in the European banking sector sent the indices to a red day after a media report citing a new US investigation of Credit Swiss. No major sector traded positive in another light volume trading day. There is no important news on the agenda Friday.
Earnings on the agenda Friday morning:
| Markets | CAC40 | DAX | FTSE |
| 29/12/2016 | -0.2% | –0.21% | 0.2% |
| 3 months | 20.23% | 20.08% | 24.45% |
| 1 YEAR | 0.77% | 2.83% | 11.44% |
MAJOR MOVERS
| Fresnillo.uk | 4.62% | Deutsche Bank.de | -2.03% |
| Orange.fr | 1.1% | VW.de | -2.27% |
| | | BMW.de | -1.48% |
| | | BNP Paribas.fr | -1.32% |
Forex & Commodities markets
FX investors took some dollar profits of the table come NEW Year 2017. The US dollar lost ground vs all majors and Gold traded above 1160$ per ounce. It remains to be seen if there is gona be any continuation on the move Friday on expected very light pre-holiday volumes. There is no important news on the agenda Friday.
| Market | GOLD | EURUSD | EURJPY | USDJPY | GBPUSD | OIL |
| 29/12/2016 | 1.52% | 0.75% | -0.04% | -0.75% | 0.09% | -0.57% |
| | Silver | USDCAD | AUDJPY | AUDUSD | USDCHF | PLT |
| | 1.2% | -0.46% | –0.31% | 0.42% | -0.72% | -0.07% |
SWING REPORT Follow up:
| ASSET | Entry price | Date triggered | Open profit | Position | Stop loss | Remarks today |
| Intertek.uk | 34.04 | 22/11 | 83 | 400 | 33.6 | |
| | | | | | | |
| UK100 | 6960 | 14/11 | 522 | 6 | 6908 | |
| Anglo American.uk | 11.73 | 28/11 | –120 | 700 | 11.49 | |
| | | | | | | |
| Agrekko.uk | 10.7 | 3/8 | 790 | 400 | 10.7 | |
| DAX | 11423 | 29/11 | -75 | 5 | 11500 | New position |
| | | | | | | |
| OPEN PROFIT | | | 1154$ | | | |
