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.  

MarketsDAXCAC40FTSEEUSXX50
14.11.2017-0.31%-0.49%-0.01%

%%

-0.66%
1 Month 0.29%-0.68%-1.61%-1.48%
1 Year22.35%18.64%10.19%17.43%

                                                                                  

                                                                                                 MARKET MOVERS  

  Adidas.de1.93%Nokia.fi-1.86%
Vivendi.fr4.12%BNP Paribas.de      -1.21%
Persimmon.uk1.96%Total.fr  -1.36%
Vodafone.uk5.12%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.  

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
14.11.20170.35%-0.18%0.87%1.1%0.2%-1.7%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.7%-0.65%0.12%-0.05%0.01%-0.1%-0.74%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GOLD1272403506/101270
EURJPY132.050.78908/10133SL changed
EURGBP89290.739014/108929New position
    
    
Societe General.fr46.243008403/1044.93Stopped out
SUI30920632809/109330
     
OPEN PROFIT  $1900