European Markets:    

European markets traded in narrow ranges yet managed another positive close on strength in the commodities sector while banks turned red for the second day in a row. The DAX traded over the 13,000 level for the first time ever yet closed under after turning lower on the US retail and CPI news. Overall the trading day was lackluster and stocks basically had no momentum to move either way. For the week the EUSXX50 closed up 0.5%.

Markets DAX CAC40 FTSE EUSXX600
13.10.2017 0.07%  -0.17% -0.28%

%%

 0.29%
1 Month 5.58% 4.87% 2.13% 5%
1 Year 23.78% 20.3% 6.95% 20.58%

 

                                                                                 

                                                                                                 MARKET MOVERS  

Nokia.fi 1.27% Societe General.fr -2.2%
Bayer.de 1.16% Deutsche Bank.de       -1.24%
Rio Tinto.uk 3% BNP Paribas.fr  -0.84%
Anglo American.uk 1.8% Airbus.de -1.23%
Pearson.uk   1.93%   Smurfit.uk     -2.24%

  

 

Forex & Commodities markets:  

The dollar index was flat on the day after a wild day, first moving sharply lower on the PI number than came lower than expected only to reverse and close flat for the day. Metals enjoyed dollar volatility and a strong China data to move higher with gold closing at 1300$ per barrel. OIL managed to climb on geopolitical Iraq Kurdish dispute and closed above 51$. There is no important news on the agenda Monday.  

  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
13.10.2017  0.36% -0.4% -0.51% -0.13% 0.6%  1.15%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.03% 0.02%  0.81%  0.42%  0.18%   0.72% 0.65%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
     
NASDAQ 5950 6 950 29/9 6040      
       
       
DAX 11980 3 3560 29/8 12670    
GBPUSD 3285 0.7 40 13/10 3240     New position
Platinum 933 30 250 11/10 924
EURGBP 8880 0.7 -40 15/10 8900 New position
UK100 7200 3 1250 18/9 7150
OPEN PROFIT     5900$