European Markets

The EU markets turned south yesterday following weakness in all major sectors led by Autos, down 2.8% and healthcare down 2%. Fiat shares dropped 14% after EPA accused the company of another “diesel gate”, sending the sector to its worst day since the Brexit. There is no important news on the agenda Friday morning.   

Earnings on the agenda Friday morning:  

MarketsCAC40DAXFTSE
12/1/2017-0.51%-1.07%0.03%
3 months20.66%20.63%26.76%
1 YEAR1.21%3.48%11.77%
    

MAJOR MOVERS

Fresnillo.uk2.97%-3.46%Deutsche Bank.de
Eon.de2.37%-2.96%BMW.de
  -2.8%Daimler.de
  -14%Fiat.it
  -2.7%Shire.uk

 Forex & Commodities markets

The FX and commodities markets investors took to the JPY following Trump speech yesterday, sending the yen higher for the second day in a row. The sterling continued its path south closing on year lows again at the 1.21 level vs the dollar. There is no important news on the agenda Friday morning, then US retail sales are on the agenda in the afternoon.

MarketGOLDEURUSDEURJPYUSDJPYGBPUSDOIL
12/1/20170.23%0.59%-0.44%-0.98%-0.33%1.47%
 SilverUSDCADAUDJPYAUDUSDUSDCHFPLT
 0.1%-0.42%-0.12%0.87%-0.52%0.67%

SWING REPORT Follow up:

ASSETEntry pricePositionOpen profitDate triggeredStop lossRemarks today

 

Intertek.uk34.0440069122/1133.6 
DAX115356-22511/1111500Stopped out
UK10069606218014/117091  
AUDCHF75651-10012/117545New position
       
Agrekko.uk10.74004033/810.7 
Lufhansa.de11.816001979/112.01 
       
OPEN PROFIT  $3320