European Markets:    

European markets traded lower across the board Wednesday, profit taking and weakness in the leading sectors and unimpressive earnings from miners were the reason for the red day. Basic resources stocks were the worst performers on the day, pushing the FTSE down more than 1% while better than expected earnings from Kering.de busted the stock up 8%. Investor eyes will be on the ECB press conference for further insight on the markets today.  

Markets DAX CAC40 FTSE EUSXX600
25.10.2017  -0.46% -0.37% -1.05%

%%

 -0.36%
1 Month 5.28% 5.31% 0.98% 4.02%
1 Year 23.48% 20.74% 5.8% 19.6%

                                                                                  

                                                                                                 MARKET MOVERS  

  AirLiquide.fr 2.49% Sanofi.fr -2.62%
LVMH.fr 1.31% EON.de       -2.29%
Kering.de 8% Bayer.de  -1.55%
Hargreaves.uk 1.43% GSK.uk -4.86%
  EasyJet.uk 1.24%    Antofagasta.uk        -4.36%   

  

Forex & Commodities markets:  

The FX markets are looking to the big news day for the Euro and Mario Draghi today. The sterling was the big mover in the FX markets Wednesday, moving higher more than 1% vs most majors on a better than expected GDP reading from the UK and reversing the trend vs the Euro ahead of today news. Oil inventories had little impact on the markets. The ECB rate decision and press conference at 1:30 pm is the important news on the agenda Thursday.

  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
25.10.2017 0.9%  -0.16% 0.27% 0.43% 0%  -0.65%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.09% -0.3% 1% -1.16% 1.05% -0.13%  -0.01%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
     
NASDAQ 6108 6 -350 29/9 6045 Stopped out                   
USDJPY 112.26 0.7 755 17/10 113.25 Stopped out     
OIL 52.6 5 -300 23/10 52 New position       
DAX 11980 3 3480 29/8 12670    
GOLD 1280 35 -10 24/10 1284
USDCAD 2639 0.7 -40 23/10 2610 Stopped out      
USDNOK 8.01 0.7 -5 23/10 7.97       
EURGBP 8941 0.7 240 25/10 8960 New position
OPEN PROFIT     3300$