European Markets   

The EU markets closed lower to open the week yesterday as all major sectors traded in negative territory. Banking and Autos stocks led the markets to the downside, down 1.4% and 1.3% respectively. Fiat was down another 4% and BMW was down on Trumps remarks regarding excessive tax on Mexico produced cars.    The EURSX600 was down 0.81%. UK CPI in the morning is the important news on the agenda Tuesday.   

Earnings on the agenda Tuesday morning: Allstom.fr, Beiesdorf.de.
Markets CAC40 DAX FTSE
16/1/2017 -0.82% -0.64% -0.15%
3 months 21.04% 20.93% 27.29%
1 YEAR 1.59% 3.78% 12.28%
       
MAJOR MOVERS
   Essilor.fr 11.85%   Societe General.fr -2.56%
    BNP Paribas.fr   -1.53%
    Deutsche Bank.de -3.03%
    VW.de -2.17%
    Vivendi.fr -2.63%

 

Forex & Commodities markets

The JPY was the winner in the FX markets Monday as the weakness in the EU markets and a 1.2% decline in the Nikkei sent the yen higher vs all majors. The sterling was again lower on Brexit concerns and ahead of Mays speech on the matter today. UK CPI in the morning is the important news on the agenda Tuesday.   

Market GOLD EURUSD EURJPY USDJPY GBPUSD OIL
16/1/2017 0.56% -0.39% -0.71% -0.34% -0.95% 0.38%
  Silver USDCAD AUDJPY AUDUSD USDCHF PLT
  0.36%  0.29% -0.54% -0.25% 0.28% 0.02%
SWING REPORT Follow up:
ASSET Entry price Position Open profit Date triggered Stop loss Remarks today
Intertek.uk 34.04 400 676 22/11 33.6  
Fiat.it 9.18 800 -255 13/11 8.9 Stopped out
UK100 6960 6 2163 14/11 7091   
             
             
Agrekko.uk 10.7 400 255 3/8 10.7  
Lufhansa.de 11.81 600 299 9/1 12.01  
             
OPEN PROFIT     $3444