European Markets    

European markets traded higher to close the month with considerable gains, other than the FTSE who was red for September on sterling strength and Brexit worries. All major markets closed the trading day in the green led by mining, media, health care and banks while Autos were mixed on VW weakness. Heading into earnings season, EU markets look to year highs, expected to be broken in the next week. The Catalan referendum is expected to cast a shade on trading Monday morning.     

Markets DAX CAC40 FTSE EUSXX600
 29.9.2017 0.98% 0.68% 0.68% 0.36%
1 Month 5.36% 4.38% -0.48% 4.13%
1 Year 20.35% 18.87% 6.66% 17.9%

 

                                                                              

                                                                                                 MARKET MOVERS  

CRH.uk 1.9% Vinci.fr -0.45%
Vivendi.fr 2.91% VW.de       -0.25%
Bayer.de 2.13% Hargreaves.uk  -1.14%
ITV.uk 3.56%    
Antofagasta.uk 2.21%     

 

 Forex & Commodities markets  

The dollar index closed the trading week on a flat note, trading sideways vs most majors on little news on the agenda. Metals continued their slide on global markets strength and the relief in the N. Korean crisis. UK manufacturing at 9:30 am and US ISM in the afternoon are the important news on the agenda Monday.   

  

  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
29.9.2017 -0.3% 0.16% 0.43%  0.27% -0.35%  0.01%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
 -0.06%  -0.18% -0.15% -0.03%  0.42%  -0.8% -1.16%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
NASDAQ 5875 8 930 25/9 5906 SL changed  
NASDAQ 5950 6 250 29/9 5900 New position
USDNOK 9214 0.7 590 28/9 8902
     
DAX 11980 3 3010 29/8 12670 SL changed  
     
       
     
UK100 7200 3 550 18/9 7150
OPEN PROFIT     5300$