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$ |
