European Markets:    

European markets traded sideways and higher and closed the week on a positive note with all major sectors other than banking stocks and leading bourses in positive territory. Societe General.fr earnings disappointed investors and the French banking giant took a 4% dive on the news that pushed the sector to a negative close. All other French banks stocks closed in the red, AXA was down more than 2.7%.  

MarketsDAXCAC40FTSEEUSXX50
 3.11.20170.28%0.14% 0.07%0.03%
1 Month 4.04%2.95%0.5%2.4%
1 Year31.38%26.05%12.95%24.89%
     

                                                                                 

                                                                                                 MARKET MOVERS  

Phillips.ho1.46%Societe General.fr-4.09%
Bayer.de1.4%AXA.fr      -2.77%
LVMH.fr1.26%Deutsche Bank.de  -0.85%
NMC Health.uk4.29%ST James.uk -1.5%
Coca Cola.uk 2.73%   BT.uk       -1.5%   

 

 Forex & Commodities markets:  

The dollar index was higher following the job report Friday afternoon, gaining vs most majors other than the sterling. Metals moved lower on the news with Gold trading under 1270$ per ounce and Silver plummeting 1.8% and reversing all the gains from Wednesday FOMC news. OIL was the big gainer on the day closing at year highs, at 55.8$ on supply fears. There is no important news on the agenda Monday.  

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
 3.11.2017 0.14%-0.01%-0.41%-0.41%-065%2.2%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.33%0.14%-0.87%-0.83%-0.37%-1.8%-0.6%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
       
OIL54.766-1863/1054.45 Stopped out
GBPUSD30730.7-302/103100 
NASDAQ62786-30 6/106300New position                    
DAX119803522029/812670     
Societe General.fr46.243001643/1046.9New position
EURGBP89240.7-2242/108900Stopped out
       
OPEN PROFIT  $5300