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.

MarketsCAC40DAXFTSE
25/1/20170.99%1.82%0.2%
3 months21.22%23.63%25.6%
1 YEAR1.77%6.48%10.59%

 

-2.18%  Vivendi.fr5.75%Deutsche Bank.de
-4.18%Fresnillo.uk4.32% 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. 

MarketGOLDEURUSDEURJPYUSDJPYGBPUSDOIL
25/1/2017-0.93%0.15%-0.28%-0.4%0.87%-0.56%
 SilverUSDCADAUDJPYAUDUSDUSDCHFPLT
 -1.11% -0.73%-0.44%-0.12%-0.11% 

    Swing trades follow up:

ASSETEntry priceDate triggeredOpen profitPositionStop lossRemarks today

 

Intertek.uk34.0422/1129840033.6 
Rolls Royce.uk 7.0616/11-2428006.6 
Rio tinto.uk34.1120/11162760035.89Stopped out
Platinum77524/11-29225766Stopped out 
Deutsche Bank.de18.7325/1134350018.45New position
Agrekko.uk10.73/87640010.7 
Capita.uk5.3823/1-3638004.95 
       
OPEN PROFIT  53$