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.  

MarketsDAXCAC40FTSEEUSXX600
30.10.20170.09%-0.01%-0.23%0.12%
1 Month 7.41%7.51%1.53%5.34%
1 Year25.6122.94%6.35%20.93%

  

                                                                                 

                                                                                                 MARKET MOVERS  

  VW.de2.57%Airbus.de-2.71%
Siemens.de1.66%Deutsche Bank.de      -2.14%
Inditex.sp2.96%Safran.fr  -1.48%
Fresnillo.uk2.69%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. 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
30.10.2017 0.62%  -0.48%-0.08%0.4%0.45%0.5%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.44%-0.4%0.14%-0.2%0.13%0.61% 0.71%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
   
EURUSD16320.7-17527/101657Stopped out
CADJPY88.60.729026/1089
OIL52.6583523/1052        
DAX119803430029/812670   
GOLD12803511024/101284
USDCAD28010.717526/102774
EURGBP88230.714030/108844New position
    
OPEN PROFIT  5810$