European Markets    

EU markets traded mostly sideways and lower yet managed close the week higher, more than 1% for the week for the DAX and CAC indexes while the FTSE was flat for the second week of July, mostly on a higher sterling. The EUSXX600 close Friday lower 0.04%. The beginning of the earnings season will set the tone for the markets into the second half of July. There is no important news on the agenda Monday.

Earnings on the agenda Monday morning:    

 

Markets DAX CAC40 FTSE
14.7.2017 -0.08% 0% -0.47%
3 Months 30.76% 29.45% 28.69%
1 Year 13.81% 9.05% 13.73%

 

 

                                                                                  MARKET MOVERS  

VW.de 1.46% Societe General.fr -1.25%
BASF.de 1.23%    BNP Paribas.fr       -0.93%
  Fresnillo.uk 2.1% Deutsche Bank.de -0.91%
Anglo american.uk 1.58% ABFood.uk -2.06%
              

  

Forex & Commodities markets

The dollar index took another pounding day Friday, diving vs all majors on a weaker than expected retail sales and CPI numbers and closing the week down more than 2%. The MXN and Rand are at year highs vs the dollar while the AUD moved to two year highs on the dollar weakness. There is no important news on the agenda Monday.

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
14.7.2017 1.18% -0.61% -0.03% 0.6% 0.9% 1.11%
USDCHF AUDUSD AUDJPY USDCAD Silver Copper
-0.31% 1.18% 0.56% -0.55% 1.65% 1.18%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
NASDAQ 5725 10 1230 12/7 5725
USDMXN 17.8794 1 1575 12/7 17.8794
DAX 12650 3 -190 13/7 12595 Stopped out
EURCAD 4559 0.6 223 13/7 4596  
     
Agrekko.uk 10.7 400 1165 3/8/16 9
AXA.fr 24.81 400 -187 8/5 25.2
JPN225 19523 100 1179 3/3 19684
     
     
OPEN PROFIT     5130$