European Markets:  

EU markets traded higher following the strong close in the US after the FOMC meeting Wednesday night. The EUSXX600 index closed higher 0.7%. Basic resources stocks soared over 3.5% and banks at new highs were the reason behind the strong close in the markets Thursday, while Autos and retail stocks underperformed the markets. The FTSE closed the session at a record high 7420. BOE quarterly bulletin at noon and G20 meeting are the important news on the agenda Friday.

 

Earnings on the agenda Friday morning:  

 

MarketsDAXCAC40FTSE
16.3.20170.61%0.56%0.64%
3 Months24.08%24.13%29.05%
1 Year9.06%4.79%14.04 %

  

 

                                                                                  MARKET MOVERS  

Deutsche Post.de2.54%Hikma.uk  -4.66%
Lufhansa.de5.2%Renault.fr-3.5%
Anglo American.uk8.62%    
  Fresnillo.uk  3.92%   
 Antofagasta.uk  4.65%         

  

Forex & Commodities markets

The FX markets moved mostly sideways after the counter dollar price action yesterday following the FOMC meeting. The sterling rallied after the BOE decision to hold rates while all other pairs traded sideways most of the day. Metals were the best movers on the day as Gold closed above 1225$ per ounce. BOE quarterly bulletin at noon and G20 meeting are the important news on the agenda Friday.     

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
16.3.20170.48%-0.1%0.24%0.32%2.14%-0.1%
USDCHFAUDUSDAUDJPYUSDCADSilverPLT
-0.42%-0.5%-0.55%0.35%2.26%2.4%

Swing trades follow up –

AssetEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GBPUSD22800.540616/32331New position
Tui.de13.6950030615/213.91
UK1007375421115/37350
Gold12002566010/31220SL changed
Aviva.uk5.44600-539/35.25 
Agrekko.uk10.74007703/89.41
USDJPY114.390.550215/3114
JPN225195231001283/319684
EasyJet.uk9.79600-23515/310.11Stopped out
USDJPY115.240.588010/3113.63
OPEN PROFIT  3747$