European markets traded lower across the board for the third day in a row, with all leading markets and major sectors other than retail and miners closing in the red. Very little positive triggers and profit taking on light volume were behind the move in the markets yesterday, opening the trading week on a negative note ahead of major news on the agenda today.
Forex & Commodities markets:
The dollar index traded mostly sideways opening the week on a flat note with very little news to boost the markets on the agenda. Metals closed the trading day higher while most other markets were flat ahead of the array of news and speeches by Central Bank leaders today. UK CPI at 9:30 am then ECB President Draghi speech at 10 am and US PPI at noon are the important news on the agenda Tuesday.
Swing trades follow up –
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