European Markets    

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:  —

 

 

Markets DAX CAC40 FTSE
18.7.2017 -1.25% -1.09% -0.19%
3 Months 29.16% 28.26% 28.85%
1 Year 12.21% 7.86% 13.89%

 

                                                                                  MARKET MOVERS  

ABFood.uk 2.25% Deutsche Bank.de -2.51%
Royal Mail.uk 3.1%    BASF.de       -2.19%
    Safran.fr -1.69%
    BNP Paribas.fr -1.67%
     Bayer.de  -1.7%

  

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.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
18.7.2017 -0.05% -0.57% 0.12% 0.7% 0.79% 0.89%
USDCHF AUDUSD AUDJPY USDCAD Silver Copper
-0.82% 1.56% 0.99% -0.58% 1.1% 0.13%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
NASDAQ 5725 10 1012 12/7 5830   Stopped out
DAX 12425 4 25 17/7 12350 New position
OIL 46.2 5 -150 17/7 46.5 Stopped out
Silver 16.25 500 -8 17/7 16.35 New position
     
Agrekko.uk 10.7 400 1144 3/8/16 9
AXA.fr 24.81 400 -5 8/5 25.2
JPN225 19523 100 1179 3/3 19684
     
     
OPEN PROFIT     2280$