European Markets   

EU markets traded mostly flat yet the FTSE closed the day near record all time highs on a weaker sterling and a strong move in Basic resources stocks. The EUSXX600 closed the day up 0.12%. Most major sectors closed flat however travel stocks lagged the markets after a negative earnings report from EasyJet, sending the budget airline lower 7%. UK Employment and OIL inventories are the important news on the agenda Wednesday. 

Earnings on the agenda Wednesday morning:  

MarketsDAXCAC40FTSE
16.5.2017-0.02%-0.21%0.91%
3 Months30.15%32.01%30.51%
1 Year15.09%11.67%15.55%
    

 

                                                                                  MARKET MOVERS  

Vodafone.uk3.94%EasyJet.uk-7.25%
Rio Tinto.uk2.68%Hargreaves.uk       -8.5%
Fresnillo.de2.9%Sanofi.fr-2.39%
Orange.fr1.15%  
    


Forex & Commodities markets

For the second day in a row this week the dollar and the Yen lost ground vs all majors, sending the dollar index lower to 6 month lows. Metals had another green day despite the move higher in the markets. UK Employment and OIL inventories are the important news on the agenda Wednesday.              

  

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
16.5.2017 0.27% -0.66%0.45%1.12% 0.63%-0.3%
 USDCHFAUDUSDAUDJPYUSDCADSilverPLT
 -1.13%0.28%-0.38%-0.4%1.01% 1.22%

Swing trades follow up –

AssetEntry pricePositionOpen profitDate triggeredStop lossRemarks today
HSBC.uk6.2570055120/45.95 
CAC40544151578/55480   
USDCHF00040.7102515/59901SL changed
USDDKK79481122015/57387 SL changed
DAX127994-2815/512840 
Agrekko.uk10.740012673/8/169 
AXA.fr24.814002308/525.2 
JPN2251952310011363/319684 
Silver16.765004616/516.48New position
       
OPEN PROFIT  5420$