European Markets   

The EU rallied following the US markets to new highs as all major sectors traded to the upside led by banks up 3%, autos and technology. Deutsche Bank rallied 5% on news it is selling its asset management unit. The technology sector was busted by Logitek, up 16% on stronger than expected earnings results. The EUSXX600 index closed up 1.3%. UK GDP data at 9:30 is the important news on the agenda Thursday morning.  

Earnings on the agenda Thursday morning: Sky.uk, FCAU.it, Uniliver.uk, SGE.uk.

Markets CAC40 DAX FTSE
25/1/2017 0.99% 1.82% 0.2%
3 months 21.22% 23.63% 25.6%
1 YEAR 1.77% 6.48% 10.59%

 

-2.18%   Vivendi.fr 5.75% Deutsche Bank.de
-4.18% Fresnillo.uk 4.32%  Societe General.fr
      1.68% BMW.de
     4.16%  BNP Paribas.fr
       4.07% Antofagasta.uk

 Forex & Commodities markets

The FX markets traded mostly sideways yesterday. The rally in the global markets sent metals sharply lower as investors got out of safe heavens. OIL was a no mover following the inventories report. UK GDP data at 9:30 is the important news on the agenda Thursday morning. 

Market GOLD EURUSD EURJPY USDJPY GBPUSD OIL
25/1/2017 -0.93% 0.15% -0.28% -0.4% 0.87% -0.56%
  Silver USDCAD AUDJPY AUDUSD USDCHF PLT
  -1.11%  -0.73% -0.44% -0.12% -0.11%  

    Swing trades follow up:

ASSET Entry price Date triggered Open profit Position Stop loss Remarks today

 

Intertek.uk 34.04 22/11 298 400 33.6  
Rolls Royce.uk  7.06 16/11 -242 800 6.6  
Rio tinto.uk 34.11 20/11 1627 600 35.89 Stopped out
Platinum 775 24/11 -292 25 766 Stopped out 
Deutsche Bank.de 18.73 25/11 343 500 18.45 New position
Agrekko.uk 10.7 3/8 76 400 10.7  
Capita.uk 5.38 23/1 -363 800 4.95  
             
OPEN PROFIT     53$