European Markets    

EU markets traded lower across the board on Industrials and Autos sector weakness. The EXSXX600 index closed lower 0.8% as all major sectors other than financials and all bourses closed in the red. ECB President Draghi comments led to a sharp rally in the euro that didn’t support the markets which closed at their lows. ECB President Draghi speech is the important news on the agenda Wednesday at 2:30 GMT then OIL Inventories at 3:30 GMT.

Earnings on the agenda Wednesday morning:  

  

Markets DAX CAC40 FTSE
27.6.2017 -0.78% -0.7% -0.17%
3 Months 28.93% 29.82% 29.43%
1 Year 14.08% 9.43% 14.47%

 

                                                                                  MARKET MOVERS  

Deutsche Bank.de 3.2% EON.de -3.04%
BNP Paribas.fr 1.7% Airbus.de        -1.94
  Societe General.fr 1.55% DTelecom.de -2.29%
Rio Tinto.uk 3.27% Vinci.fr -2.28%
Antofagasta.uk    3.13%   Ashtead.uk -2.17%

 

Forex & Commodities markets

The FX markets reacted to ECB President Draghi comments that the ECB could change its sub-zero interest rate policy, sending the Euro sharply higher vs all majors, leading the Euro to new highs for the year vs the dollar and JPY. OIL was also a winner yesterday, moving on dollar weakness ahead of the inventories number today. ECB President Draghi speech is the important news on the agenda Wednesday at 2:30 GMT then OIL Inventories at 3:30 GMT. 

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
27.6.2017 0.57% 0.31% 1.74% 1.41% 0.19% 1.81%
USDCHF AUDUSD AUDJPY USDCAD Silver Copper
1.24% 0.03% 0.34% -0.45% 0.14% 0.7%

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
EUSXX50 3561 5 -295 26/6 3510 Stopped out
GOLD 1252 30 4 26/6 1259  
AUDUSD 7613 0.7 -86 27/6 7570 New position
AUDCHF 7297 0.7 -33 27/6 7340 New position
     
Agrekko.uk 10.7 400 735 3/8/16 9
AXA.fr 24.81 400 402 8/5 25.2
JPN225 19523 100 1164 3/3 19684
     
     
OPEN PROFIT     2144$