European Markets    

EU markets traded mostly sideways opening the trading week in a mixed mode. Autos stocks were the weakest sector loosing 1.4% after another emission investigation by the European Commission is on the way for German automakers. VW, BMW, Daimler and Peugeot dropped more than 1.5% each on the news. US Consumer confidence is the important news on the agenda Tuesday afternoon. 

Earnings on the agenda Tuesday morning:  

Markets DAX CAC40 FTSE
24.7.2017 -0.25% 0.2% -1.01%
3 Months 27.48% 27.4% 28.69%
1 Year 10.43% 7% 13.73%

 

 

                                                                                  MARKET MOVERS  

Deutsche Bank.de 2.46% VW.de -1.58%
BNP Paribas.fr 0.93%    BMW.de       -2.77%
Anglo American.uk 1.19% Daimler.de -2.65%
    NEXT.uk -3.06%
    ReckittBen.uk -3.27%

  

Forex & Commodities markets

The FX and commodities markets opened the week flat, however the dollar index managed to stay positive on the day ahead of the big FOMC meeting news day tomorrow afternoon. OIL reversed course to close up more than 1% on OPEC expected production cuts. US Consumer confidence is the important news on the agenda Tuesday afternoon.  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
24.7.2017 0.31% 0.05% -0.18%  -0.21% 0% 1.31%
USDCHF AUDUSD AUDJPY USDCAD Silver Copper
0.07% 0.13% 0.23% -0.22% 0.06%  0.7%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
DAX 12235 4 26 21/7 12100 New position
     
     
     
OIL 46.63 5 260 21/7 46.07 Stopped out
EURCAD 4635 0.5 280 21/7 4637 New position
EURCAD 4630 1.5 760 24/7 4637 New position
JPN225 19523 100 1179 3/3 19684
     
     
OPEN PROFIT     2220$