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$      
Thank you!

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