European Markets:    

European markets traded sideways, with earnings having little to do with market trend and overall low volumes and zero momentum. Health care and travel stocks lagged the markets while banks and Autos offset the move closing higher on strength in Deutsche Bank and VW. Whitbread.uk on the other hand disappointed investors with a soft earnings report, sending the stock five percent lower.  

Markets DAX CAC40 FTSE EUSXX600
24.10.2017  0.08% 0.15% 0.03%

%%

 -0.36%
1 Month 5.74% 5.68% 2.03% 4.55%
1 Year 23.94% 21.11% 6.85% 20.13%

                                                                                  

                                                                                                 MARKET MOVERS  

  Deutsche Bank.de 3.96% Whitbread.uk -4.79%
Airbus.fr 2.41% WPP.uk       -3.07%
VW.uk 2.32% Nokia.fi  -1.26%
AXA.uk 1.23% Phillips.nv -4.86%
  Antofagasta.uk 2.79%    Danone.fr      -1.02%   

 

Forex & Commodities markets:  

The FX markets are preparing for the big events down the road, today the BOC rate decision and Thursday the most expected ECB press conference. The Euro traded higher vs majors in expectation of a soft Draghi speech and the dollar was flat, leading metals mostly sideways. UK GDP in the morning at 9:30 then BOC rate decision and press conference at 1 pm and OIL inventories are the important news on the agenda Wednesday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
24.10.2017 -0.55%  0.33% 0.5% 0.17% -0.2%  1.04%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.02% 0.51%  -0.32% -0.01% 0.23% -0.47%  -0.05%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
     
NASDAQ 6108 6 -266 29/9 6045       
USDJPY 112.26 0.7 940 17/10 113.25  
OIL 52.05 5 -168 23/10 52.35 Stopped out     
DAX 11980 3 3630 29/8 12670    
GOLD 1280 35 210 24/10 1284  New position
USDCAD 2639 0.7 234 23/10 2610       
USDNOK 8.01 0.7 -55 23/10 7.97       
       
OPEN PROFIT     4600$