European Markets:    

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.  

MarketsDAXCAC40FTSEEUSXX50
16.11.20170.55%0.66%0.19%0.54%
1 Month 0.4%-0.47%-1.72%-1.19%
1 Year22.1%17.85%8.72%17.19%

                                                                                  

                                                                                                 MARKET MOVERS  

  Bouygues.fr5.2%Adidas.de-0.75%
Deutsche Bank.de2.63%GNK.uk      -4.76%
VW.de     2.46%Fresnillo.uk         -2.26%
Shire.uk6.05%      
   EasyJet.uk      3.52%                      

 

 

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.

 

   

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
16.11.20170.15%0.15%-0.05%-0.2%0.1%-0.4%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.13%0.6%0.01%0.15%-0.05%0.61% 0.2%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GOLD1272404006/101270
    
EURGBP89290.7414/108929Stopped out
    
    
DAX1304031016/1012984New position
SUI30920632109/109330
    
OPEN PROFIT  $580