European Markets:    

European markets traded mostly sideways in narrow ranges however the Spanish markets opened the week brushing off the Catalan crisis and closing up 2.5% with banks and retail stocks leading the IBEX sharply higher. Overall EU markets traded again near all time highs and Autos staged another strong day while banks lagged. The UK markets closed lower on a stronger sterling while the DAX was flat on the day.  

Markets DAX CAC40 FTSE EUSXX600
30.10.2017 0.09% -0.01% -0.23% 0.12%
1 Month 7.41% 7.51% 1.53% 5.34%
1 Year 25.61 22.94% 6.35% 20.93%

  

                                                                                 

                                                                                                 MARKET MOVERS  

  VW.de 2.57% Airbus.de -2.71%
Siemens.de 1.66% Deutsche Bank.de       -2.14%
Inditex.sp 2.96% Safran.fr  -1.48%
Fresnillo.uk 2.69% BATS.uk -2.09%
  Shire.uk 2.64%    Mondi.uk        -1.98%   

 

Forex & Commodities markets:  

The dollar index opened the week lower sending metals higher from three week lows while all majors gained vs the dollar, led by the JPY who was strong across the board ahead of the BOJ meeting tonight. OIL managed another green day and closed at 12 month highs. CAD GDP is the important news on the agenda Tuesday at 1:30 pm GMT. 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
30.10.2017  0.62%   -0.48% -0.08% 0.4% 0.45% 0.5%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.44% -0.4% 0.14% -0.2% 0.13% 0.61%  0.71%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
     
EURUSD 1632 0.7 -175 27/10 1657 Stopped out
CADJPY 88.6 0.7 290 26/10 89
OIL 52.6 5 835 23/10 52         
DAX 11980 3 4300 29/8 12670    
GOLD 1280 35 110 24/10 1284
USDCAD 2801 0.7 175 26/10 2774
EURGBP 8823 0.7 140 30/10 8844 New position
       
OPEN PROFIT     5810$