European Markets    

European markets closed lower with all major sectors and bourses in the red. For the week most bourses closed in the red and yesterday only OIL was the positive closing sector. Tobacco stocks took a plunge following the FDA decision to lower allowed nicotine levels. Adidas jumped 9% on a better than expected earnings and full year outlook report. 

 

  

Markets DAX CAC40 FTSE EUSXX50
28.7.2017 -0.4% -1.07% -1% -0.75%
1 Months -1.32% 0.21% 0.76% 0.75%
1 Year 17.66% 15.58% 9.58% 15.95%

  

 

                                                                                  MARKET MOVERS  

Adidas.de 8.79% Esillor.fr -4.12%
SG.fr 1.44% Loreal.fr       -2.76%
Diageo.uk 1.38% Vinci.fr -2.5%
AstraZeneka.uk 3.62% British Tobacco.uk -6.8%
RDSA.uk 0.88% Smurfit.uk -2.6%

  

Forex & Commodities markets

The Swiss franc drama took over the dollar drama this week, marking the worst drop for the franc in 6 years, this following Jordan Thomas, SNB Chief remarks that the franc is significantly overvalued. The franc was in the red vs all majors for the 4-th day in a row. The dollar slides vs the euro continued on a weaker than expected GDP reading and OIL was green again on OPEC speculation production cuts and a weaker dollar. German retail sales at 7 am GMT is the important news on the agenda Monday morning.

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
28.7.2017 0.57% -0.48% 0.24% 0.66% 0.69% 1.35%
USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.4% 0.3% -0.15% -0.86% 0.74%   0.98%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
     
EURNOK/Short 3140 0.7 -66 25/7 3316 Stopped out
USDCAD/Short 2530 0.7 497 28/7 2575 New position
NASDAQ/Short 5915 7 3 27/7 5999
GBPUSD/Short 3064 0.7 -240 27/7 3099 Stopped out
     
     
JPN225 19523 100 1179 3/3 19684
     
     
OPEN PROFIT     1666$