EU markets traded sideways in a very narrow range with no economic news on the agenda, however big pharma stocks outperformed the markets, closing up more than 2% and offsetting energy and retail stock losses. The EXSXX600 index closed higher 0.01% and most bourses ended the trading day near the flat line. EU Manufacturing PMI and CAD CPI are the important news on the agenda Friday.
Earnings on the agenda Friday morning:
Forex & Commodities markets
The dollar index was flat on the day as major currencies pairs traded sideways. The CAD was the winner on the day after the release of better than expected retail sales number OIL traded above 43$ yet closed the day barely positive. EU Manufacturing PMI and CAD CPI are the important news on the agenda Friday.
Swing trades follow up –
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