European Markets:    

European markets traded lower with all major bourses and leading sectors closing in negative territory. The retail sector was down 1% on disappointing earnings from online retailer Zalando.de, down 5% on the day. BMW and Bayer weakness pushed the DAX lower below the 13400 level and the markets lacked any positive triggers to reverse back to positive into the close.  

Markets DAX CAC40 FTSE EUSXX50
 7.11.2017 -0.66% -0.48%  -0.65%

%%

-0.4%
1 Month 3.31% 2.28% -0.12% 2.13%
1 Year 30.65% 25.48% 12.33% 24.62%

 

                                                                                 

                                                                                                 MARKET MOVERS  

  Societe General.fr 0.49% BMW.de -2.83%
EON.de 0.67% Bayer.de       -2.35%
Total.fr 0.58% Zalando.de  -5%
NMC Health.uk 1.07% CRH.uk -2.4%
DCC.uk 1.37%      ABFood.uk       -3.74%    

 

Forex & Commodities markets:  

The dollar index and most FX markets were flat Tuesday, lack of news and any momentum led the markets sideways in a lackluster trading day, OIL managed to hold on to gains ahead of the inventories number today while metals reversed lower after the big gains yesterday. OIL Inventories at 3:30 pm is the important news on the agenda Wednesday.  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
 7.11.2017  -0.02% 0.15% -0.01% -0.16% -0.32% -0.2%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.12% 0.21% -0.6% -0.42% 0.58% -1.54% -1.1%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GOLD 1272 40 250 6/10 1270
EURCAD 4800 0.7  -40 6/10 4835 Stopped out
GBPUSD 3160 0.7 -100 6/10 3180 New position
CADJPY 89.16 0.7 -5 6/10 89.55 New position
DAX 11980 3 4820 29/8 12670      
Societe General.fr 46.24 300 660 3/10 44.93 SL changed
       
         
OPEN PROFIT     $5600