European Markets:  

EU markets traded mostly sideways and closed the trading week mixed. Most major sectors closed in the red led by Insurance companies and OIL and Gas. Infineon led the technology sector higher on better than expected guidance, closing up 8%. The EUSXX600 closed lower 0.17%. German Ifo Business Climate is the important news on the agenda Monday morning.

 

Earnings on the agenda Monday morning: — 

Markets DAX CAC40 FTSE
24.3.2017 0.2% -0.24% -0.05%
3 Months 24.02% 24.46% 28.02%
1 Year 8.98% 5.11% 13.01 %

  

                                                                                  MARKET MOVERS  

Infineon.de 8% Ashtead.uk -2.43%
EON.de 1.42% NEXT.uk -1.64%
BMW.de 0.72% Deutsche Bank.de -1.43%
Smiths Group.uk 2.09% Allianz.de -1.02%
                


Forex & Commodities markets

The FX and commodities markets traded sideways in a narrow range trading day to close the week on a very low note. The Yen was this week best mover, gaining vs all majors and bottoming at the 110.5 level vs the dollar. German Ifo Business Climate is the important news on the agenda Monday morning.

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
24.3.2017 0.02% 0.36% 0.02% 0% -0.31%  0.57%
USDCHF AUDUSD AUDJPY USDCAD Silver PLT
-0.2% -0.06% 0.04% 0.02% 1.03% 0.43%

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
Deutsche Bank.de 15.84 600 -200 22/3 15.4
Krones.de 99.91 150 -68 24/3 100.33 New position
Silver 17.4 200 65 17/3 17.3
Gold 1200 25 1127 10/3 1242 SL changed
       
Agrekko.uk 10.7 400 952 3/8 9.41
       
JPN225 19523 100 372 3/3 19684
Platinum 959 20 90 17/3 951
USDJPY 115.24 0.5 1740 10/3 111.37 SL changed
OPEN PROFIT     3908$