European Markets:    

European markets higher with most major leading sectors and all bourses closing in positive territory and the DAX closed above 13,000 levels for the first time ever. Better than expected earnings and positive global sentiment helped move the markets after more than two weeks of sideways trading. Banking and Autos stocks led the markets higher on strength in BNP Paribas, VW and Daimler.  

Markets DAX CAC40 FTSE EUSXX600
18.10.2017  0.37% 0.42% 0.36%

%%

 0.29%
1 Month 5.97% 5.47% 2.24% 5.04%
1 Year 24.17% 20.9% 7.06% 20.62%

 

                                                                                 

                                                                                                 MARKET MOVERS  

BNP Paribas.fr 1.74% ASML.ho -2.32%
Societe General.fr 1.33% Shire.uk       -3.11%
VW.de 1.05% Rio Tinto.uk  -2.98%
Daimler.de 0.87% Anglo American.uk -2.16%
Pearson.uk   3%          

 

 Forex & Commodities markets:  

The dollar index was flat Wednesday leading to a low volume light action trading day. The JPY was the big mover in the FX markets losing one percent as investors moved money to alternate investments and the YEN lost ground vs all majors. The OIL report did nothing to move the oil markets that closed flat yesterday. UK retail sales at 9:30 am and US Unemployment at 2:30 pm are the important news on the agenda Thursday.   

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
18.10.2017 0.15%  0.73% 0.88% 0.2% -0.3%  0.3%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.04% -0.21%  -0.1% 0.84%  -0.1%   -0.15% -1.2%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
     
NASDAQ 5950 6 990 29/9 6040      
USDJPY 112.26 0.7 420 17/10 112.25 SL changed
OIL 52.29 5 40 17/10 52.6
DAX 11980 3 3750 29/8 12670    
EURGBP 8902 0.7 -270 18/10 8960 New position
         
       
UK100 7200 3 1210 18/9 7150
OPEN PROFIT     6100$