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:  

  

MarketsDAXCAC40FTSE
27.6.2017-0.78%-0.7%-0.17%
3 Months28.93%29.82%29.43%
1 Year14.08%9.43%14.47%

 

                                                                                  MARKET MOVERS  

Deutsche Bank.de3.2%EON.de-3.04%
BNP Paribas.fr1.7%Airbus.de       -1.94
  Societe General.fr1.55%DTelecom.de-2.29%
Rio Tinto.uk3.27%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. 

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
27.6.20170.57%0.31%1.74%1.41%0.19%1.81%
USDCHFAUDUSDAUDJPYUSDCADSilverCopper
1.24%0.03%0.34%-0.45%0.14%0.7%

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
EUSXX5035615-29526/63510Stopped out
GOLD125230426/61259 
AUDUSD76130.7-8627/67570New position
AUDCHF72970.7-3327/67340New position
   
Agrekko.uk10.74007353/8/169
AXA.fr24.814004028/525.2
JPN2251952310011643/319684
   
   
OPEN PROFIT  2144$