EU markets traded sharply lower with all major sectors in negative territory. Bank and Basic resources stocks were the leaders to the downside, losing more than 1% on the day. The EUSXX600 closed lower 1.11%. The FTSE was Europe best performer closing down only 0.2% after a better than expected CPI sent the sterling lower. There is no important news on the agenda Wednesday morning, OIL Inventories are the important news in the afternoon, at 2:30 GMT.
Earnings on the agenda Wednesday morning: —
Forex & Commodities markets
The dollar index traded at 8 months lows following another weak session for the greenback this time on the failed Obamacare bill. The sterling was the only loser vs the dollar after the better than expected CPI number sent the sterling down vs all majors. There is no important news on the agenda Wednesday morning, OIL Inventories are the important news in the afternoon, at 2:30 GMT.
Swing trades follow up –
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