European Markets:  

The EU markets closed sharply lower to start the week. All major sectors closed in the red led by banking, basic resources and energy stocks. Investor fears over US President Trump travel policies and profit taking at 12 month highs resulted in the selloff in the markets. The EUSXX600 index closed lower more than 1%. ECB President Draghi speech at 8:00 am is the important news on the agenda Tuesday.

 

Earnings on the agenda Monday morning:

Markets DAX CAC40 FTSE
30.1.2017 1.12%- 1.14%- -0.92%
3 Months 22.48% 19.31% 24.96%
1 Year 5.43% -0.14% 9.95%

 

 

                                                                                  MARKET MOVERS  

   Sanofi.fr 0.4% Adidas.de -2.18%
VW.de -2.94%
  Deutsche bank.de -3.1%
  Rolls Royce.uk -3.8%
   Tesco.uk  -4.24%

 

Forex & Commodities markets

The strength in the JPY following the weakness in the EU and US markets was the dominant move in the FX markets Monday ahead of the BOJ press conference this morning. The YEN gained more than 1% vs all majors and further strength in the YEN may signal a short term reversal in the markets. ECB President Draghi speech at 8:00 am is the important news on the agenda Tuesday.

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
30.1.2017 -0.51% -1.26% -1.28% -0.01% 0.65% -0.96%
USDCHF AUDUSD AUDJPY USDCAD Silver PLT
-0.37% 0.11% -1.04% -0.38% -0.06% 0.74%

 

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
Intertek.uk 34.04 400 -70 22/12 33.6
Rolls Royce.uk  7.06 400 -460 17/1  6.6 Stopped out
DAX 11838 3 389 26/1 11882
USDCAD 3099 1 -103 26/1 3070 Stopped out
Capita.uk 5.38 800 -349 23/1 4.95  
Agrekko.uk 10.7 400 274 3/8 10.89
Astarzeneka.uk 42.13 400 -214 27/1 43
OPEN PROFIT     -13$