European Markets:    

European markets traded mostly flat on low volumes and very little overall interest. With US markets being closed for the Thanksgiving weekend there was even less incentive for buyers to dive in ahead of the big news week ahead. Banking and Autos kept the markets on the green side led by strength in French banks and German Autos sector.  

Markets DAX CAC40 FTSE EUSXX50
24.11.2017 0.39% 0.2% -0.1% 0.26%
1 Month -1.19% -1.89% -1.27% -1.94%
1 Year 22.06% 18.46% 8.32% 17.48%
         

 

                                                                                 

                                                                                                 MARKET MOVERS  

VW.de 1.01% Adidas.de -0.96%
BNP  Paribas.fr 1.06% Fresenius.de       -1.1%
BASF.de     2.91% SG.fr          -0.89%
Societe General.fr 1.53%   Persimmon.uk   -3.58%  
TUI.uk      1.8% NEXT.uk                  -1.8%     

 

 Forex & Commodities markets:  

The dollar index traded lower to near two month lows as investors fear the outcome of the result of the tax reform due this week and strong euro economic data. OIL surged again on global supply worries, the Iran Saudi Arabia tension and OPEC meeting due to open this coming Wednesday. There is no important news on the agenda Monday.

  

   

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
24.11.2017 -0.01% 0.2% 0.8% 0.7% -0.35% 1.6%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.5% -0.25% -0.15% 0.02% -0.05% -0.6% 0.35%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GOLD 1272 40 740 6/10 1270  
NZDUSD 6797 0.7 624 17/10 6885 Stopped out
NASDAQ 6305 6 620 20/10 6280  
EURJPY 131.82 0.7 600 23/11 131.45  
EURUSD 1852 0.7 490 23/11 1830  
             
             
             
OPEN PROFIT     $2450