European Markets:  

The EU markets reversed to the upside after two selloff days, all major sectors closed in the green led by basic resources, autos and banking. Strong China data, US markets positive close and better than expected results from Volvo and Siemens contributed to the positive day. The EUSXX600 index closed higher 0.86%. BOE rate decision at noon and ECB President Draghi speech at 12:15 GMT are the important news on the agenda Thursday.

Earnings on the agenda Monday morning: Vodafone.uk, Compass.uk, Daimler.de, Deutsche Bank.de, Infineon.de.  

Markets DAX CAC40 FTSE
1.2.2017 1.08% 0.96%  0.12%
3 Months 22.31% 19.52% 24.81%
1 Year 5.26% 0.07% 9.8%

 

 

                                                                                  MARKET MOVERS  

   Siemens.de 5.63% Essilor.fr -1.85%
 Deutsche Bank.de 4.3%
 BNP Paribas.fr 2.45%
 Schneider Electric.fr 3.26%
Hikma.uk 3.07%


Forex & Commodities markets

The FOMC meeting resulted in another reversal for the dollar closing with no gains after a strong upside day. Oil moved higher on speculation that Russia will join the OPEC proposed output cuts as the inventories numbers came in line with expectations. BOE rate decision at noon and ECB President Draghi speech at 12:15 GMT are the important news on the agenda Thursday.

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
1.2.2017 0.45% 0.6% 0.1% -0.49% -0.31% 0.93%
USDCHF AUDUSD AUDJPY USDCAD Silver PLT
0.56% -0.33% 0.21% 0.48% -0.27% 0.33%

 

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
Intertek.uk 34.04 400 40 22/12 33.6
Platinum 994 40 460 31/1 984
DAX 11838 3 485 26/1 11750 Stopped out
OIL 52.88 10 730 1/2 52.86 New position
Capita.uk 5.38 800 -432 23/1 4.95 Stopped out
GBPUSD 2599 1 723 2/1 10.89 New position
Astarzeneka.uk 42.13 400 -197 27/1 43
OPEN PROFIT     1986$