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.

 

MarketsDAXCAC40FTSE
3.5.20170.16%-0.06%-0.21%
3 Months27.84%30.02%26.68%
1 Year12.8%10.68%11.67%
    

 

 

                                                                                  MARKET MOVERS  

Fresenius.de2.6%Airbus.de-1%
Societe General.fr1.78%  EON.de    -1.33%
Bayer.de1.53%Sainsbury.uk-5.72%
 AXA.fr 1%  Anglo American.uk  -3.2%   
Sage.uk3.44%     


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.      

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
3.5.2017-0.3% 0.48%0.25%-0.21%-0.68%0.31%
 USDCHFAUDUSDAUDJPYUSDCADSilverPLT
  0.16%-1.23%-0.76%-0.07%-1.4%-2.28%

Swing trades follow up –

AssetEntry pricePositionOpen profitDate triggeredStop lossRemarks today
HSBC.uk6.2570016220/45.95 
EURCHF08500.79126/40875 
OIL49.50.695028/448.53SL changed
USDJPY112.10.74353/5112.08New position
GOLD1253253462/51254SL changed
Agrekko.uk10.740011753/8/169SL changed
DPost.de32.14500383/531.9New position
JPN2251952310011533/319684 
DAX124813-15324/412540 
       
OPEN PROFIT  3952$