European Markets
EU markets traded higher earlier in the session then turned red on euro strength following ECB President Draghi hawkish tone, pointing to winding down the quantitative easing program for the fall. The EUSXX600 closed lower 0.38%. The fall of the sterling helped the FTSE gain for the day while all other major bourses closed in the red. There is no important news on the agenda Friday morning.
Earnings on the agenda Friday morning:
| Markets | DAX | CAC40 | FTSE |
| 20.7.2017 | -0.04% | -0.32% | 0.77% |
| 3 Months | 29.29% | 28.77% | 30.17% |
| 1 Year | 12.34% | 8.37% | 15.21% |
MARKET MOVERS
| ASML.uk | 1.77% | Airbus.de | -1.8% |
| Siemens.de | 1.29% | Safran.fr | -1.52% |
| Bayer.de | 0.81% | Schneider Electric.fr | -1.26% |
| Ashtead.uk | 3.07% | EasyJet.uk | -5.92% |
| NEXT.uk | 2.8% | Shire.uk | -1.98% |
Forex & Commodities markets
The dollar at two year lows vs the euro was the big headline following the ECB press conference and the hawkish speech by ECB President Draghi. The Euro gained across the board while the dollar troubles continued into the Asian session. There is no important news on the agenda Friday morning, CAD retail sales are the important news in the afternoon.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 20.7.2017 | -0.34% | -0.02% | 0.93% | 0.92% | 0.1% | -0.7% |
| USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Copper | |
| -0.4% | 0.06% | 0.07% | -0.2% | 0.01% | 0.15% |
Swing trades follow up –
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| AUDCAD | 0018 | 0.7 | -215 | 18/7 | 9980 | Stopped out |
| DAX | 12425 | 4 | 146 | 17/7 | 12350 | |
| EURNOK | 3616 | 0.5 | -35 | 20/7 | 3500 | New position |
| GBPCAD | 6372 | 0.5 | 145 | 20/7 | 6390 | New position |
| JPN225 | 19523 | 100 | 1179 | 3/3 | 19684 | |
| OPEN PROFIT | 1350$ |
