EU major markets closed flat Thursday following the rally in the markets Wednesday. As expected the markets took a breather and spent most of the trading day moving sideways in very narrow ranges. Capita.uk was UK100 worst performing stock dropping 9% on a weaker than expected earnings report. UK services PMI at 9:30 in the morning is the important news on the agenda Friday morning, then Fed Chairman Yellen speaks at 6 pm GMT.
Earnings on the agenda Friday morning: Lse.uk.
Forex & Commodities markets
The dollar was the clear winner in the markets Thursday, moving up vs all major and sending OIL and Metals to a sharp selling off day. The AUD dropped vs majors as commodities closed sharply lower on dollar strength. UK services PMI at 9:30 in the morning is the important news on the agenda Friday morning, then Fed Chairman Yellen speaks at 6 pm GMT.
Swing trades follow up –
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