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.  

MarketsDAXCAC40FTSEEUSXX50
24.11.20170.39%0.2%-0.1%0.26%
1 Month -1.19%-1.89%-1.27%-1.94%
1 Year22.06%18.46%8.32%17.48%
     

 

                                                                                 

                                                                                                 MARKET MOVERS  

VW.de1.01%Adidas.de-0.96%
BNP  Paribas.fr1.06%Fresenius.de      -1.1%
BASF.de     2.91%SG.fr         -0.89%
Societe General.fr1.53%  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.

  

   

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
24.11.2017-0.01%0.2%0.8%0.7%-0.35%1.6%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.5%-0.25%-0.15%0.02%-0.05%-0.6%0.35%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GOLD1272407406/101270 
NZDUSD67970.762417/106885Stopped out
NASDAQ6305662020/106280 
EURJPY131.820.760023/11131.45 
EURUSD18520.749023/111830 
       
       
       
OPEN PROFIT  $2450