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:  —

 

   

MarketsDAXCAC40FTSE
5.7.20170.13%0.1%0.14%
3 Months27.33%28.36%28.53%
1 Year12.38%7.96%13.57%

  

 

                                                                                  MARKET MOVERS  

  Adidas.de4.9%Total.fr-1.49%
Safran.fr1.24%BMW.de       -0.91%
  Airbus.de1.11%WorldPay.uk-8.82%
Tesco.uk3.8%  
     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.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
5.7.2017-0.02% 0.13%-0.04%-0.15%0.16%-3.7%
USDCHFAUDUSDAUDJPYUSDCADSilverCopper
0.1%-0.16%-0.03% 0.34%-1.24%-1.28%

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
   
GOLD12523074526/61252 
EURCAD47140.7-245/77650New position
EUSXX5034656-1004/73500
USDCAD29320.7-974/72950Stopped out
Agrekko.uk10.74008423/8/169
AXA.fr24.81400688/525.2
JPN2251952310011503/319684
   
   
OPEN PROFIT  2640$