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%.

MarketsDAXCAC40FTSEEUSXX600
13.10.20170.07% -0.17%-0.28%

%%

 0.29%
1 Month 5.58%4.87%2.13%5%
1 Year23.78%20.3%6.95%20.58%

 

                                                                                 

                                                                                                 MARKET MOVERS  

Nokia.fi1.27%Societe General.fr-2.2%
Bayer.de1.16%Deutsche Bank.de      -1.24%
Rio Tinto.uk3%BNP Paribas.fr  -0.84%
Anglo American.uk1.8%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.  

  

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
13.10.2017 0.36%-0.4%-0.51%-0.13%0.6% 1.15%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.03%0.02% 0.81% 0.42% 0.18%  0.72%0.65%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
   
NASDAQ5950695029/96040     
    
    
DAX119803356029/812670   
GBPUSD32850.74013/103240    New position
Platinum9333025011/10924
EURGBP88800.7-4015/108900New position
UK10072003125018/97150
OPEN PROFIT  5900$