European Markets:  

All EU markets closed lower to open the trading week, all major sectors closed in the red. Autos were the worst performing sector down 1.4%.  A warning by a Bank of America analyst on EU profit margins and Trump policies made matter worst for the markets Monday. Rangold better than expected profit earnings was good news for the basic resources sector and the best EUSXX600 performing stock. The EUSXX600 index closed lower 0.6%. There is no important news on the agenda Tuesday.

 Earnings on the agenda Tuesday morning: BP.uk.

Markets DAX CAC40 FTSE
6.2.2017 -1.07%   -0.91%  -0.17%
3 Months 21.17% 19.25% 25.78%
1 Year 4.12% 0.2%- 10.77%
       

 

                                                                                  MARKET MOVERS  

   Rangold.uk 4.15% VW.de -2.07%
    Adidas.de -2.18%
    Societe General.fr -2.42%
     Deutsche Bank.de -1.91%
    LVMH.fr -2%

  

Forex & Commodities markets

The JPY and metals were the winners in the markets Monday. Weakness in the dollar and the red day in the equities markets paved the way for gains in the metal sector while the JPY moved lower in sentiment for the markets and a weaker dollar. There is no important news on the agenda Tuesday.        

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
6.2.2017 -0.28% -0.45% -0.43% -0.47% 0.73% -0.93%
  USDCHF AUDUSD AUDJPY USDCAD Silver PLT
  0.06% -0.56% -0.34% 0.68% 1.01% 0.57%

 

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
USDJPY 112.96 1 1000 3/2 112.62 SL changed
Metro.de 31.28 800 490 3/2 32.05  
DAX 11653 3 465 1/2 11750  
Agrekko.uk 10.7 400 323 3/8 10.7  
GOLD 1226 30 220 6/2 1214 New position
             
             
OPEN PROFIT     2490$