European Markets    

EU markets traded mostly higher to close the week on a positive note.EU markets and all major sectors and bourses stayed positive the whole trading day despite weakness in the US technology sector. The weaker sterling, down 2% on the day vs the dollar supported the FTSE rally for another 1% to the upside. The EXSXX600 index closed higher 0.32%. There is no important news on the agenda Monday. 

Earnings on the agenda Monday morning:  

 

Markets DAX CAC40 FTSE
9.6.2017 0.8% 0.67% 1.04%
3 Months 30.05% 30.56% 30.6%
1 Year 15.2% 10.29% 15.64%

 

 

                                                                                  MARKET MOVERS  

BASF.de 2.77% Babcock.uk -2.92%
Airbus.fr 2.25% BT.uk        -2.14%
SG.fr 1.42%    
Smurfit.uk 5.03%    
Fresnillo.uk 3.6%    

  

Forex & Commodities markets

The sterling was the big mover in the markets following the UK Election results, selling vs all majors to reach 2 month lows vs the dollar, down 2% on the day. All other markets traded sideways closing an uneventful week on a flat note. There is no important news on the agenda Monday.   

         

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
9.6.2017 -1.6% -0.08% 0.17%  0.14% -0.14%  0.6%
USDCHF AUDUSD AUDJPY USDCAD Silver PLT
  -0.18% 0.22% 0.16%  -0.54% -0.51% -0.2%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GOLD 1271 30 -102 2/6 1277 New position
USDCHF 9705 1 -150 2/6 9726 Stopped out
DAX 12713 3 141 8/6 12636
UK100 7470 5 -502 8/6 7550 Stopped out
AUDCAD 0153 0.7 -120 7/6 0130 Stopped out
Agrekko.uk 10.7 400 1066 3/8/16 9
AXA.fr 24.81 400 350 8/5 25.2
JPN225 19523 100 1178 3/3 19684
     
EURAUD 4920 0.7 144 7/6 4960
OPEN PROFIT     2780$