European Markets:  

EU major markets closed mixed Friday ending the trading week which turned out to be the best this year for banking stocks, rising 4% on the week. Most other major sectors traded in very narrow ranges and closed the day flat. WPP.uk was down 8% Friday after posting disappointing earnings results and lowering 2017 outlook. The EUSXX600 index closed lower 0.1%. There is no important news on the agenda Monday morning.

Earnings on the agenda Monday morning: 

Markets DAX CAC40 FTSE
3.3.2017  -0.27% 0.63%  -0.11%
3 Months 23.62% 23.76% 28.49%
1 Year 8.6% 4.42% 13.48%
       

 

 

                                                                                  MARKET MOVERS  

Societe General.fr 4.57% WPP.uk  -7.95%
BNP Paribas.fr 2.84% Fresnillo.uk -2.89%
AXA.fr 1.75%  Deutsche Bank.de -1.3%
CRH.uk 1.58% Adidas.de    -1.08%   
        Hikma.uk -2.7%  

 

Forex & Commodities markets

The FX markets traded mixed to close the trading week and Fed Chairman speech Friday in the afternoon did nothing to move the markets either way. OIL reversed half of yesterday losses closing up 1% yet finished the week 1% in the red. There is no important news on the agenda Monday morning. RBA rate statement, ECB press conference and NFP are amongst the important news on the agenda coming up this week.

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
3.3.2017 0.02% -0.15% 0.53% 0.7% -0.51% 1.1%
  USDCHF AUDUSD AUDJPY USDCAD Silver PLT
    -0.27% 0.05% -0.1%  0.1% 0.1% 0.3%

 

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
CAD 3182 0.5 726 28/2 3341  
Tui.de 13.69 500 254 15/2 13.91  
DTelecom.de 16.08 500 -131 2/3 16.33 Stopped out
BVI.fr 17.99 500 11 24/2 18.3  
AUDUSD 7678 0.5 443 24/2 7589 Stopped out
Agrekko.uk 10.7 400 49 3/8 10.7  
Bunzl.uk 22.11 500 570 27/2 22.73  
Persimmon.uk 20.77 500 -40 27/2 20.72 Stopped out
DAX 12060 3 140 2/3 12099  
WPP.uk 17.9 500 166 3/3 19 New position
OPEN PROFIT     1808$