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$