EU markets traded sharply lower on US political concerns, all major sectors closed deep in the red led by banking and autos stocks. The EUSXX600 closed the day down 1.2%. All major European banks closed more than 2.5% lower and Fiat took a 5% dive following another diesel gate investigation, this time by the European Union. UK retail sales and ECB President Draghi speech at 3 pm are the important news on the agenda Thursday.
Earnings on the agenda Thursday morning: —
Forex & Commodities markets
FX markets responded to the US political turmoil sending the Yen higher vs all majors while metals continued to strengthen across the board. OIL inventories had little impact on prices this week and the dollar index is now at 6 months lows. UK retail sales and ECB President Draghi speech at 3 pm are the important news on the agenda Thursday.
Swing trades follow up –
|Asset||Entry price||Position||Open profit||Date triggered||Stop loss||Remarks today|