European Markets    

EU markets traded higher with all major bourses and sectors in the green, led by Technology stocks, Retail and Telecoms. The EUSXX600 closed higher 0.77%. Disappointing truck sales by Volvo sent the car manufactured lower 3% while better than expected Electrolux sales drove the stock higher 3%. UK Retail sales at 9:30 am then the ECB Press Conference at 1:30 pm is the important news on the agenda Thursday. 

Earnings on the agenda Thursday morning:  

 

MarketsDAXCAC40FTSE
19.7.20170.17%0.83%0.55%
3 Months29.33%29.09%29.4%
1 Year12.38%8.69%14.44%

 

 

 

                                                                                  MARKET MOVERS  

ASML.uk5.79%Siemens.de-1.14%
Airbus.fr1.7%   Royal Mail.uk      -2.75%
Vivendi.fr1.96%Volvo.dk-3.1%
SAP.de1.67%  
Electrolux.de3.02%  

 

Forex & Commodities markets

The dollar index was flat hovering at 8 month lows heading into the ECB press conference today in the afternoon. OIL was the mover Wednesday, after a drop in US stock piles and increased OPEC pressure to cut global outputs in a bid to tighten the market. UK Retail sales at 9:30 am then the ECB Press Conference at 1:30 pm is the important news on the agenda Thursday.  

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
19.7.2017-0.11%-0.24%0.12%-0.31%-0.04%1.55%
USDCHFAUDUSDAUDJPYUSDCADSilverCopper
0.05%0.47%0.23%-0.3%0.07%-0.77%

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
AUDCAD00180.7-2218/79980New position
DAX12425422517/712350
   
Silver16.25500-5017/716.35Stopped out
   
Agrekko.uk10.740011523/8/169Stopped out
AXA.fr24.81400-528/525.2Stopped out
JPN2251952310011793/319684
   
   
OPEN PROFIT  1379$