European Markets    

European markets traded mostly sideways and closed in the red following the worst than expected US employment numbers and the political chaos in Spain. The FTSE was green on sterling weakness yet most leading sectors other than Autos closed in the red. Heading into the earnings season than starts this week most markets seem poised for another leg up, financial stocks will lead the way for the earnings season this week.   

Markets DAX CAC40 FTSE EUSXX600
6.10.2017 -0.09% -0.32% 0.2% -0.28%
1 Month 5.3% 4.82% 1.97% 4.51%
1 Year 23.5% 20.45% 6.79% 20.09%

                                                                                  

                                                                                                 MARKET MOVERS  

VW.de 1.3% LVMH.fr -1.62%
Sanofi.fr 4.03% SG.fr       -1.5%
   AdmiralGroup.uk 3.29% Uniliver.uk  -1.34%
Pearson.uk 2.46% EasyJet.uk -1.64%
    M&S.uk   -1.8%

 

 

Forex & Commodities markets  

The dollar index was closed the week red on the worst than expected NFP employment numbers Friday afternoon. The dollar was lower vs most majors other than the sterling and metals reversed course after a week-long drift lower. OIL dropped three percent on feared higher than expected US outputs and the upcoming storms in the US south.  There is no major important news on the agenda Monday.    

  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
6.10.2017 -0.4% -0.2% 0.04% 0.19% 0.3%  -2.9%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
 -0.16%  -0.01% -0.33% -0.5%  -0.21%   1% -0.17%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
NASDAQ 5875 8 1310 25/9 6040 Stopped out            
NASDAQ 5950 6 745 29/9 6040 SL changed    
Etherium 289 100 1555 5/10 299
     
DAX 11980 3 3450 29/8 12670    
     
       
     
UK100 7200 3 1100 18/9 7150
OPEN PROFIT     6800$