European Markets:  

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  

 

Markets DAX CAC40 FTSE
2.2.2017 -0.27% 0.01%-  0.47%
3 Months 22.04% 19.51% 25.28%
1 Year 4.99% 0.06% 10.27%
       

 

                                                                                  MARKET MOVERS  

   Reckitt Ben.uk 4.08% Deutsche Bank.de -5.21%
 Smurfit.uk 4.55% Siemens.de -3.18%
 Compass.uk 3.01% Daimler.de -2.74%
 Sap.de 1.55% AXA.fr -1.8%
Vinci.fr 1.4%    

 

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.  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
2.2.2017 -0.98% -0.51% -0.5% -0.06% 0.8% -0.3%
  USDCHF AUDUSD AUDJPY USDCAD Silver PLT
  0.03% 1% 0.52% -0.14% -0.01% -0.02%

 

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
Intertek.uk 34.04 400 -267 22/12 33.6 Stopped out
Platinum 994 40 -140 31/1 990 Stopped out
DAX 11653 3 8 1/2 11750  
OIL 52.88 10 870 1/2 53.74 Stopped out
Deutsche Bank.de 18.1 500 -109 2/2 18.3 New position
GBPUSD 2599 1 507 2/1  2650 Stopped out
Astarzeneka.uk 42.13 400 -197 27/1 43  
OPEN PROFIT     -154$