European Markets:  

EU markets closed mixed after a disappointing report from France bank giant BNP Paribas. Banks were sharply lower after BNP dropped 4.7% on lower than expected profits. Autos were also lower on Fiat emission probe in France. All other sectors closed in the green. The EUSXX600 index closed higher 0.32%. OIL inventories number is the important news on the agenda Wednesday afternoon.

 Earnings on the agenda Wednesday morning: Hargreaves.uk, GSK.uk, Osram.de, Societe General.fr, Pernod Richard.fr, Publicis.fr, Ubisoft.fr, Total.fr.

MarketsDAXCAC40FTSE
7.2.20170.34%  -0.49%0.2%
3 Months21.51%18.76%25.98%
1 Year4.48%0.69%-10.97%
    


MARKET
MOVERS  

   BASF.de1.6%BNP Paribas.fr-4.77%
Siemens.de1.24%AXA.fr-1.34%
Fresnillo.uk5.24%Societe General.fr-2.5%
Rangold.uk4.06% Deutsche Bank.de-0.92%
  BP.uk-4.08%

  

Forex & Commodities markets

The sterling reversal after remarks from BOE policy maker on potential inflation risks in GB and OIL selling off ahead of the inventories number today were the notable events in the markets yesterday. OIL inventories number is the important news on the agenda Wednesday afternoon.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
7.2.20170.35% 0.43%-0.15%-0.53%0.27%-1.64%
 USDCHFAUDUSDAUDJPYUSDCADSilverPLT
 0.66%-0.3%0.11%0.63%0.07%-0.54%

 

Swing trades follow up –

AssetEntry pricePositionOpen profitDate triggeredStop lossRemarks today
USDJPY112.9616603/2112.62  Stopped out
Metro.de31.288009993/232.05  Stopped out
DAX1165333091/211750 
Agrekko.uk10.74001653/810.7 
GOLD1226301946/21214 
OIL531014007/252.1New position
Klepierre.fr35.64300517/235.3New position
OPEN PROFIT  2078$