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.  

Markets DAX CAC40 FTSE EUSXX50
16.11.2017 0.55% 0.66% 0.19% 0.54%
1 Month 0.4% -0.47% -1.72% -1.19%
1 Year 22.1% 17.85% 8.72% 17.19%

                                                                                  

                                                                                                 MARKET MOVERS  

  Bouygues.fr 5.2% Adidas.de -0.75%
Deutsche Bank.de 2.63% GNK.uk       -4.76%
VW.de     2.46% Fresnillo.uk          -2.26%
Shire.uk 6.05%        
   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.

 

   

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
16.11.2017 0.15% 0.15% -0.05% -0.2% 0.1% -0.4%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.13% 0.6% 0.01% 0.15% -0.05% 0.61%  0.2%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GOLD 1272 40 400 6/10 1270
       
EURGBP 8929 0.7 4 14/10 8929 Stopped out
       
       
DAX 13040 3 10 16/10 12984 New position
SUI30 9206 3 210 9/10 9330
       
OPEN PROFIT     $580