The EU markets closed a low action trading day mixed, the FTSE closed in the green following the positive growth forecast from the BOE while the DAX and CAC closed in the red, led by weakness in banking and healthcare stocks. Investors await the US job report today, looking for clues as to new directions for the markets following what has been a week opening for February. The EUSXX600 index closed lower 0.34%. UK services PMI in the morning and NFP numbers at 1:30 pm are the important news on the agenda Friday.
Earnings on the agenda Monday morning: Metro.de
|Reckitt Ben.uk||4.08%||Deutsche Bank.de||-5.21%|
Forex & Commodities markets
The BOE positive growth estimates was the center for the FX markets news yesterday, sending the sterling down more than 1% vs the dollar and reversing again the trend in the pair. OIL could not continue the positive sentiment and all other commodities traded in narrow ranges ahead of NFP today. UK services PMI in the morning and NFP numbers at 1:30 pm are the important news on the agenda Friday.
Swing trades follow up –
|Asset||Entry price||Position||Open profit||Date triggered||Stop loss||Remarks today|
|Deutsche Bank.de||18.1||500||-109||2/2||18.3||New position|