European Markets:    

European markets traded lower across the board for the fourth day in a row, with all leading markets and major sectors closing in the red. Weak overnight China data was the trigger for a selloff in commodities and energy stocks. The mining stocks was the worst performing sector on the day, down more than two percent and the markets lacked any positive leadership to recoup losses despite a positive US session.  

Markets DAX CAC40 FTSE EUSXX50
14.11.2017 -0.31% -0.49% -0.01%

%%

-0.66%
1 Month 0.29% -0.68% -1.61% -1.48%
1 Year 22.35% 18.64% 10.19% 17.43%

                                                                                  

                                                                                                 MARKET MOVERS  

  Adidas.de 1.93% Nokia.fi -1.86%
Vivendi.fr 4.12% BNP Paribas.de       -1.21%
Persimmon.uk 1.96% Total.fr  -1.36%
Vodafone.uk 5.12% Rio Tinto.uk    -2.89%
   NMC Health.uk      1.89%    Antofagasta.uk       -2.62%    

 

Forex & Commodities markets:  

The dollar index traded sharply lower vs most majors and higher vs emerging economies as FX markets reacted to weak China data as the markets moved for the first time after two weeks of choppiness. OIL took a two percent dive closing under 56$ per barrel while Gold was higher on global markets weakness. UK Earnings at 9:30 then US CPI and OIL inventories in the afternoon are the important news on the agenda Wednesday.  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
14.11.2017 0.35% -0.18% 0.87% 1.1% 0.2% -1.7%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.7% -0.65% 0.12% -0.05% 0.01% -0.1% -0.74%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GOLD 1272 40 350 6/10 1270
EURJPY 132.05 0.7 890 8/10 133 SL changed
EURGBP 8929 0.7 390 14/10 8929 New position
       
       
Societe General.fr 46.24 300 840 3/10 44.93 Stopped out
SUI30 9206 3 280 9/10 9330
         
OPEN PROFIT     $1900