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:  

Markets CAC40 DAX FTSE
12/1/2017 -0.51% -1.07% 0.03%
3 months 20.66% 20.63% 26.76%
1 YEAR 1.21% 3.48% 11.77%
       

MAJOR MOVERS

Fresnillo.uk 2.97% -3.46% Deutsche Bank.de
Eon.de 2.37% -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.

Market GOLD EURUSD EURJPY USDJPY GBPUSD OIL
12/1/2017 0.23% 0.59% -0.44% -0.98% -0.33% 1.47%
  Silver USDCAD AUDJPY AUDUSD USDCHF PLT
  0.1% -0.42% -0.12% 0.87% -0.52% 0.67%

SWING REPORT Follow up:

ASSET Entry price Position Open profit Date triggered Stop loss Remarks today

 

Intertek.uk 34.04 400 691 22/11 33.6  
DAX 11535 6 -225 11/11 11500 Stopped out
UK100 6960 6 2180 14/11 7091   
AUDCHF 7565 1 -100 12/11 7545 New position
             
Agrekko.uk 10.7 400 403 3/8 10.7  
Lufhansa.de 11.81 600 197 9/1 12.01  
             
OPEN PROFIT     $3320