European Markets    

EU markets traded sideways on very little price action and no momentum to carry the markets up or down. Most leading bourses and major sectors other than financial services traded flat while Autos and energy stocks lagged the markets. The EUSXX600 index closed higher 0.18%. OIL Inventories and ADP non- farm payrolls are the important news on the agenda Thursday afternoon.

Earnings on the agenda Thursday morning:  —

 

   

Markets DAX CAC40 FTSE
5.7.2017 0.13% 0.1% 0.14%
3 Months 27.33% 28.36% 28.53%
1 Year 12.38% 7.96% 13.57%

  

 

                                                                                  MARKET MOVERS  

  Adidas.de 4.9% Total.fr -1.49%
Safran.fr 1.24% BMW.de        -0.91%
  Airbus.de 1.11% WorldPay.uk -8.82%
Tesco.uk 3.8%    
     Provident.uk   3.5%       

 

Forex & Commodities markets

The FX markets traded mostly sideways with no major news on the agenda and ahead of NFP tomorrow. OIL on the other hand moved sharply lower on OPEC exports increase, the second month in a row. OIL lost 4% before recovering late in the day. OIL Inventories and ADP non- farm payrolls are the important news on the agenda Thursday afternoon.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
5.7.2017 -0.02%  0.13% -0.04% -0.15% 0.16% -3.7%
USDCHF AUDUSD AUDJPY USDCAD Silver Copper
0.1% -0.16% -0.03%  0.34% -1.24% -1.28%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
     
GOLD 1252 30 745 26/6 1252  
EURCAD 4714 0.7 -24 5/7 7650 New position
EUSXX50 3465 6 -100 4/7 3500
USDCAD 2932 0.7 -97 4/7 2950 Stopped out
Agrekko.uk 10.7 400 842 3/8/16 9
AXA.fr 24.81 400 68 8/5 25.2
JPN225 19523 100 1150 3/3 19684
     
     
OPEN PROFIT     2640$