European Markets:  

EU markets closed lower to open the trading week on disappointing China slowing growth news and weakness in the banking and Basic Resources sector. Deutsche Bank dropped 8% on news it will be raising new capital and setting new financial targets while Peugeot was up 2.7% on news its buying Opel from GM. The EUSXX600 index closed lower 0.52%. There is no important news on the agenda Tuesday morning.

Earnings on the agenda Tuesday morning: Vonovia.de, Brenntag.de Intertek.uk.  

Markets DAX CAC40 FTSE
6.3.2017  -0.57% -0.46%  -0.33%
3 Months 23.05% 23.3% 28.16%
1 Year 8.03% 3.96% 13.15%
       

 

                                                                                  MARKET MOVERS  

STD.uk 5.68% WPP.uk  -2.22%
Taylor Wimpey.uk 1.7% Anglo American.uk -2.71%
Schroders.uk 1.56%  Deutsche Bank.de -7.89%
Peugeot.fr 2.7% Societe General.fr    -2.01%   
        SG.fr -1.41%  

  

Forex & Commodities markets

The FX markets traded mixed to open the trading week as the US future rate hike and the ECB news conference on Thursday looming the agenda. The dollar moving higher vs all majors was the only consistent move ahead of the news coming at the end of the week. There is no important news on the agenda Tuesday morning.   

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
6.3.2017 -0.53% -0.01% -0.34% -0.4% 0.05% -0.36%
  USDCHF AUDUSD AUDJPY USDCAD Silver PLT
  0.47% -0.26% -0.06%  0.34% 0.37% -1.36%

 

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
CAD 3182 0.5 768 28/2 3341  
Tui.de 13.69 500 312 15/2 13.91  
Deutsche Bank.de 18.06 400 165 6/3 18.31 New position
BVI.fr 17.99 500 -31 24/2 18.3  
             
Agrekko.uk 10.7 400 48 3/8 10.7  
Bunzl.uk 22.11 500 478 27/2 22.73 Stopped out
JPN225 19523 100 144 3/3 19684  
DAX 12060 3 254 2/3 12099  
WPP.uk 17.9 500 379 3/3 19  
OPEN PROFIT     1999$