European Markets:
EU markets traded flat ahead of the FOMC statement released last night. The EUSXX600 closed the day down 0.04%. Basic resources sector was again lagging the markets, down another 2.5% on the day. On the earnings front Sainsbury.uk took a 5.7% dive on a disappointing sales report while BNP Paribas was flat after the earnings. UK Services PMI at 9:30 am is the important news on the agenda Thursday.
Earnings on the agenda Thursday morning: Societe General.fr, JCDecaux.fr, Veolia.fr, Coca Cola.uk, WSH.uk.
| Markets | DAX | CAC40 | FTSE |
| 3.5.2017 | 0.16% | -0.06% | -0.21% |
| 3 Months | 27.84% | 30.02% | 26.68% |
| 1 Year | 12.8% | 10.68% | 11.67% |
MARKET MOVERS
| Fresenius.de | 2.6% | Airbus.de | -1% |
| Societe General.fr | 1.78% | EON.de | -1.33% |
| Bayer.de | 1.53% | Sainsbury.uk | -5.72% |
| AXA.fr | 1% | Anglo American.uk | -3.2% |
| Sage.uk | 3.44% |
Forex & Commodities markets
FX markets responded with some strength in the dollar following the release of the FOMC statement which had a minor impact on the markets. Metals and the AUD were the losers on the day while OIL had little reaction to the inventories number. UK Services PMI at 9:30 am is the important news on the agenda Thursday.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 3.5.2017 | -0.3% | 0.48% | 0.25% | -0.21% | -0.68% | 0.31% |
| USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | PLT | |
| 0.16% | -1.23% | -0.76% | -0.07% | -1.4% | -2.28% |
Swing trades follow up –
| Asset | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| HSBC.uk | 6.25 | 700 | 162 | 20/4 | 5.95 | |
| EURCHF | 0850 | 0.7 | 91 | 26/4 | 0875 | |
| OIL | 49.5 | 0.6 | 950 | 28/4 | 48.53 | SL changed |
| USDJPY | 112.1 | 0.7 | 435 | 3/5 | 112.08 | New position |
| GOLD | 1253 | 25 | 346 | 2/5 | 1254 | SL changed |
| Agrekko.uk | 10.7 | 400 | 1175 | 3/8/16 | 9 | SL changed |
| DPost.de | 32.14 | 500 | 38 | 3/5 | 31.9 | New position |
| JPN225 | 19523 | 100 | 1153 | 3/3 | 19684 | |
| DAX | 12481 | 3 | -153 | 24/4 | 12540 | |
| OPEN PROFIT | 3952$ |
