European Markets    

European markets traded sideways with most leading sectors trading in narrow ranges and closing the day at the flat line for the third day this week. The relief in the Catalan tension did little for the EU markets yet the IBEX was up 1.2% on the day. Basic materials stocks lagged the markets moving more than one percent lower while all other major sectors closed flat.

Markets DAX CAC40 FTSE EUSXX600
11.10.2017 0.17%  -0.02% -0.06%

%%

 -0.01%
1 Month 5.42% 4.87% 2.11% 4.68%
1 Year 23.62% 20.5% 6.93% 20.26%

                                                                                  

                                                                                                 MARKET MOVERS  

EON.de 2.87% Airbus.de -1.08%
Telefonica.sp 2.3% Essilor.fr       -1.19%
   Whitbread.uk 3.41% Mondi.uk  -7.8%
EasyJet.uk.uk 2.87% BHP Billiton.uk -2.15%
      WPP.uk     -1.93%

  

Forex & Commodities markets  

The dollar index was lower following the release of the FOMS statement meeting minutes that revealed an uncertain path to future increases in the Fed rate, leaving in close check with inflation readings. The dollar was lower across the board while metals moved mostly sideways and OIL was up ahead of the inventories number today in the afternoon. US PPI at 1:30 pm GMT, ECB President Draghi speech at 2:30 and OIL inventories at 3 pm are the important news on the agenda Thursday.   

  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
11.10.2017  0.1% -0.04% 0.36% 0.36% -0.15% 0.63%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
 -0.33%  -0.14%  0.03%  0.05%  -0.18%   -0.2% -0.05%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
     
NASDAQ 5950 6 780 29/9 6040      
OIL 50.03 6 366 10/10 50.66 Stopped out
OIL 49.9 4 231 10/10 50.66 Stopped out
DAX 11980 3 3500 29/8 12670    
GBPUSD 3187 0.7 500 10/10 3199 SL Changed
Platinum 933 30 55 11/10 924 New position
       
UK100 7200 3 1180 18/9 7150
OPEN PROFIT     5900$