European Markets:    

European markets traded higher after better than expected earnings from VW, up more than 7% over the last two sessions, boosted the Autos sector across the continent. Most major sectors and bourses closed in the green led by the DAX who overcame the German political turmoil to stage a strong upside day despite weakness in banking stocks. Markets are expected to continue their positive sentiment following the US record close last night.

Markets DAX CAC40 FTSE EUSXX50
21.11.2017 0.83% 0.48% 0.3% 0.4%
1 Month 1.34% -0.11% -1.48% -0.81%
1 Year 23.09% 18.38% 9.32% 17.82%
         

                                                                                  

                                                                                                 MARKET MOVERS  

VW.de 3.02% CRH.uk -2.45%
BMW.de 1.88% Fresenius.de       -0.8%
AXA.fr     1.68% BBVA.sp          -1.36%
EasyJet.uk 5.09%   Intertek.uk   -4.26%  
NMC Health.uk      4.29% Compass.uk                  -3.33%     

 

  

Forex & Commodities markets:  

The dollar index traded sideways ahead of the FOMC meeting minutes later in the afternoon today. Most FX pairs traded in narrow ranges while the Metals markets reversed some of yesterday losses.OIL was higher late in the session ahead of OPEC meeting and the inventories number today. UK Forecast Statement at 12:30 pm, OIL inventories and FOMC meeting minutes are the important news on the agenda Wednesday.

 

   

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
21.11.2017 -0.03% -0.14% -0.11% 0.03% 0.35%  0.9%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.1%  -0.2% 0.35% 0.22% -0.3% 0.5%  1.2%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GOLD 1272 40 420 6/10 1270  
NZDUSD 6797 0.7 250 17/10 6760  
NASDAQ 6305 6 460 20/10 6280  
GBPCAD 6934 0.7 -140 20/10 6900 Stopped out
             
             
             
             
OPEN PROFIT     $1110