European markets traded higher across the board with all major bourses and leading sectors closing in positive territory for the first time in a week. Construction and materials and the banking sectors paved the way higher in the morning on better than expected results from Bouygues.fr, up 5% on the news and busted in the afternoon by the rally in the US technology sector.
Forex & Commodities markets:
The dollar index traded sideways for most of the trading day, on choppy price action and no leadership in the majors, while moving lower vs emerging currencies on increased risk appetite. Metals traded sideways despite equity markets strength and OIL was flat across the trading day. ECB President Dragi speech at 8:30 and CAD CPI at 1:30 are the important news on the agenda Thursday.
Swing trades follow up –
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