European Markets:    

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.   

Markets DAX CAC40 FTSE EUSXX50
29.11.2017 0.02% 0.14% -0.9% 0.16%
1 Month -1.27% -1.91% -1.33% -2.29%
1 Year 22.76% 17.9% 8.99% 17.64%
         

 

                                                                              

                                                                                                 MARKET MOVERS  

VW.de 3.39% ASML.ho -4.67%
Deutsche Bank.de 2.36% SAP.de       -1.84%
Acado.uk     15% Rangold.uk           -5.98%
NEXT.uk 4.38% Fresnillo.uk -3.62%
M&S.uk      3.79%    

 

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.

  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
29.11.2017 0.6%  0.35% 0.45% 0.11% -0.95% -1%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
 -0.11%  0.01% -0.25% 0.1% 0.32% -2.1% -1.1%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GOLD 1272 40 460 6/10 1270  
AUDNZD 1000 0.6 320 29/11 0960 New position
NASDAQ 6305 6 385 20/10 6370 Stopped out  
EURJPY 131.82 0.7 780 23/11 131.45  
             
USDCAD 2769 0.6 420 28/11 2747 New position
CADJPY 87.02 0.6 -120 28/11 87.22  
             
OPEN PROFIT     $1900