European Markets    

EU markets traded higher after news that Italy has reached a deal to wind up two ailing banks, busting the financial sector and sending all bourses higher to open the week on a positive note. The EXSXX600 index closed higher 0.37%, led by banks and the food manufacturing sectors. Nestle moved up 4% on the day, leading the food and beverage sector higher. ECB President Draghi speech is the important news on the agenda Tuesday morning, at 9 GMT, then BOE stability report at 10:30 GMT. 

Earnings on the agenda Tuesday morning:  

 

Markets DAX CAC40 FTSE
26.6.2017 0.29% 0.56% 0.31%
3 Months 29.71% 30.52% 29.6%
1 Year 14.86% 10.13% 14.64%

 

 

                                                                                  MARKET MOVERS  

Loreal.fr 3.85% Vivendi.fr -0.78%
Danone.fr 2.9% Fresnillo.uk        -3.12%
DPost.de 2.12% Antofagasta.uk -2.72%
Societe General.fr 1.07%    
 Whitbread.uk 2.17%      

  

Forex & Commodities markets

The FX markets were led by strength in the dollar and weakness in the YEN and metals. Gold was the big loser on the day, while OIL rebounded after a weak open to close higher, above 43.5$ per barrel. ECB President Draghi speech is the important news on the agenda Tuesday morning, at 9 GMT, then BOE stability report at 10:30 GMT.     

        

  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
26.6.2017 0.02% 0.57% 0.52% -0.13% -1% 0.81%
USDCHF AUDUSD AUDJPY USDCAD Silver Copper
0.34% 0.2% 0.94% -0.1%  -0.61% 0.02%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
EUSXX50 3561 5 -40 26/6 3510 New position
GOLD 1252 30 177 26/6 1259 New position
     
     
     
Agrekko.uk 10.7 400 682 3/8/16 9
AXA.fr 24.81 400 332 8/5 25.2
JPN225 19523 100 1164 3/3 19684
     
     
OPEN PROFIT     2265$