European Markets:  

EU markets traded sharply lower following the weak open in the US markets, weakness in the Basic Resources sector, down more than 2.8% on the day, and health care stocks. Mining giants Rio Tinto and BHP Billiton closed down more than 4% on the day. OIL Inventories at 3:30 pm is the important news on the agenda Wednesday.

 

Earnings on the agenda Wednesday morning:  Kuka.de, Norma.de.

 

Markets DAX CAC40 FTSE
21.3.2017 -0.75% -0.19% -0.69%
3 Months 23.16% 24.09% 28.58%
1 Year 8.12% 4.74% 13.57 %
       

 

 

 

                                                                                  MARKET MOVERS  

Socite General.fr 1.64% Fresenius.de -3.4%
BNP Paribas.fr 1.02% VW.de -2.01%
Vinci.fr 0.7% Rio Tinto.uk   -4.12%  
     BHP Billiton.uk -3.97%   
                  

 

Forex & Commodities markets

The dollar weakness took again center stage for the FX markets, erasing all gains following the Trump election. The sterling was up vs all majors on the higher than expected UK CPI number, while the AUD sold off on miners weakness. Gold closed above the 1240$ per ounce level. OIL Inventories at 3:30 pm is the important news on the agenda Wednesday.  

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
21.3.2017 1% -0.6% 0.01% 0.58% 0.88%  -1.7%
  USDCHF AUDUSD AUDJPY USDCAD Silver PLT
  -0.41% -0.4% -0.98% -0.05% 0.73% 0.1%

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
BMW.de 82.24 300 -124 20/3 81.9 Stopped out
Tui.de 13.69 500 410 15/2 13.91  
Silver 17.4 200 24 17/3 17.3  
Gold 1200 25 1131 10/3 1223 SL changed
Aviva.uk 5.44 600 -60 9/3 5.25  
Agrekko.uk 10.7 400 748 3/8 9.41  
             
JPN225 19523 100 415 3/3 19684  
Platinum 959 20 220 17/3 951  
USDJPY 115.24 0.5 1562 10/3 112.96 SL changed
OPEN PROFIT     4400$