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:  

Markets DAX CAC40 FTSE
16.5.2017 -0.02% -0.21% 0.91%
3 Months 30.15% 32.01% 30.51%
1 Year 15.09% 11.67% 15.55%
       

 

                                                                                  MARKET MOVERS  

Vodafone.uk 3.94% EasyJet.uk -7.25%
Rio Tinto.uk 2.68% Hargreaves.uk        -8.5%
Fresnillo.de 2.9% Sanofi.fr -2.39%
Orange.fr 1.15%    
       


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.              

  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
16.5.2017  0.27%  -0.66% 0.45% 1.12%  0.63% -0.3%
  USDCHF AUDUSD AUDJPY USDCAD Silver PLT
  -1.13% 0.28% -0.38% -0.4% 1.01%  1.22%

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
HSBC.uk 6.25 700 551 20/4 5.95  
CAC40 5441 5 157 8/5 5480    
USDCHF 0004 0.7 1025 15/5 9901 SL changed
USDDKK 7948 1 1220 15/5 7387  SL changed
DAX 12799 4 -28 15/5 12840  
Agrekko.uk 10.7 400 1267 3/8/16 9  
AXA.fr 24.81 400 230 8/5 25.2  
JPN225 19523 100 1136 3/3 19684  
Silver 16.76 500 46 16/5 16.48 New position
             
OPEN PROFIT     5420$