EU markets traded sideways and closed mixed for the fifth day in a row this week, again on very little price action and had little positive reaction to the better than expected NFP number. The EUSXX600 index closed higher 0.02%. Autos, Industrials and Retail were the sectors lagging the markets while Energy and Banking stocks enjoyed a positive day. ECB President Draghi speech at 1:30 pm is the important news on the agenda Monday.
Earnings on the agenda Monday morning:
|1 Year||8.06%||4.38%||13.05 %|
Forex & Commodities markets
The EURO was the clear winner in the FX markets Friday, gaining vs all majors while the dollar index moved lower after the NFP number. Metals closed the week with another red day while OIL was down another 1.25% Friday and overall 9.2% down on the week, the biggest drop in more than 3 months. ECB President Draghi speech at 1:30 pm is the important news on the agenda Monday.
Swing trades follow up –
|Asset||Entry price||Position||Open profit||Date triggered||Stop loss||Remarks today|
|Deutsche Bank.de||18.06||400||-9||6/3||18.31||Stopped out|