European Markets:  

EU markets closed lower for the second day this week, as zero positive news and low volumes and little buying interest govern the market movement. The EUSXX600 index closed lower 0.27%. Autos were the only major sector to close in the green as analysts see little down side to the GM Peugeot deal while banks and Basic material stocks had another red day. UK annual budget release at 12:30 and OIL inventories at 3 pm are the news on the agenda Wednesday.

 Earnings on the agenda Wednesday morning: Beiesdorf.de.  

Markets DAX CAC40 FTSE
7.3.2017  0.06% -0.35%  -0.15%
3 Months 23.11% 22.95% 28.01%
1 Year 8.09% 3.61% 13 %
       

  

                                                                                  MARKET MOVERS  

Intertek.uk 4.76% Agrekko.uk  -13%
Vivendi.fr 1.03% Antofagasta.uk -2.62%
Daimler.de 0.81%  Deutsche Bank.de -1.8%
      Airbus.fr    -1.21%   
        Danone.fr -1.01%  

 

Forex & Commodities markets

The FX markets traded mixed for the second day in row this week, OIL moved sideways most of the trading day ahead of the Inventories number and metals were the only movers selling off on dollar strength. UK annual budget release at 12:30 and OIL inventories at 3 pm are the news on the agenda Wednesday.    

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
7.3.2017 -0.26% 0.07% -0.02% -0.1% -0.76% -0.14%
  USDCHF AUDUSD AUDJPY USDCAD Silver PLT
  0.1% 0.16% 0.2%  0.04% -1.41% -1.58%

 

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
CAD 3182 0.5 867 28/2 3341  
Tui.de 13.69 500 343 15/2 13.91  
Deutsche Bank.de 18.06 400 287 6/3 18.31  
BVI.fr 17.99 500 -31 24/2 18.3  
             
Agrekko.uk 10.7 400 712 3/8 10.7  
Intertek.uk 37.14 300 157 6/3 36.73 New position
JPN225 19523 100 118 3/3 19684  
DAX 12060 3 333 2/3 12099  
WPP.uk 17.9 500 244 3/3 19 Stopped out
OPEN PROFIT     2722$