European markets traded mixed, sending technology stocks across the continent to a sharp selloff day while retail stocks climbed more than 1.8% on a upgrade from HSBC. UK retail stocks had their best day in more than six months while the FTSE was lower on a higher sterling and a selloff in miners and metal stocks Banks on the other hand managed to stay positive and close higher on a choppy trading day.
Forex & Commodities markets:
The dollar index traded mostly sideways while OIL was under pressure after the first day of OPEC meetings and the inventories number. Metals sold of sharply as investors turned to cash on expectations of a stronger dollar and the selloff in miners. OPEC Meetings all day and EUR CPI Flash Estimates are the important news on the agenda Thursday.
Swing trades follow up –
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