European Markets   

EU markets traded mostly sideways in another choppy trading session that failed to impress investors. Energy was the lagging sector moving south on lower OIL prices. The EUSXX600 closed the day lower 0.2% and was flat for the week. The FTSE was Europe best performer, up 0.7% on the week on a weaker sterling. All major sectors other than Banks, Energy and Autos closed the trading day flat. ECB president Draghi speech at 2 pm is the important news on the agenda Monday.   

Earnings on the agenda Monday morning:  —

   

 

Markets DAX CAC40 FTSE
26.5.2017 -0.15% -0.01% 0.4%
3 Months 28.57% 31.16% 30.86%
1 Year 13.52% 10.39% 15.9%
       

 

 

 

 

 

                                                                                  MARKET MOVERS  

Safran.fr 1.4% Deutsche Bank.de -2.14%
Airbus.fr 1.1% Societe General.fr        -1.64%
Vivendi.fr 1.77% BMW.de -1.09%
BATS.uk 1.75% Shire.uk -1.83%
       

 

Forex & Commodities markets

FX markets had another trendless session to close the week on a flat note, however the sterling was FX markets best mover moving lower vs all majors on UK election worries. OIL reversed some of yesterday loses as well as metals, climbing ahead of the long US Memorial holiday weekend. ECB president Draghi speech at 2 pm is the important news on the agenda Monday.   

 

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
26.5.2017 -1.1% -0.54% -0.83% -0.3%  0.98% 1.55%
  USDCHF AUDUSD AUDJPY USDCAD Silver PLT
  0.16% -0.08% -0.6% -0.23% 0.77%  1%

Swing trades follow up –

Asset Entry price Position Open profit Date triggered Stop loss Remarks today
CAC40 5347 5 -187 24/5 5310 Stopped out
Silver 17.25 1000 78 26/5 17.08 New position
             
             
             
Agrekko.uk 10.7 400 1004 3/8/16 9  
AXA.fr 24.81 400 500 8/5 25.2  
JPN225 19523 100 1145 3/3 19684  
             
             
OPEN PROFIT     2670$