European Markets    

European markets joined the global rally after all bourses and most major sectors other than miners closed sharply higher. With geopolitical worries off the table and Hurrican Irma expected impact to be far lower than expected investors sent insurance stocks higher and the financial sector was a big gainer on the day, pushing all global markets higher. Airlines and recreation stocks were among markets leaders while miners slipped on a stronger dollar.   

Markets DAX CAC40 FTSE EUSXX600
 11.9.2017 1.39% 1.24% 0.49% 1.04%
1 Month 1.46% -0.52% -1.49% -1.14%
1 Year 16.37 % 13.87% 7.37% 12.89%

                                                                                 

                                                                                                 MARKET MOVERS  

Deutsche Bank.de 2.77% Sanofi.fr -1%
Siemens.fr 2.41% Daimler.de       -0.28%
Vivendi.fr 2.41% ABFood.uk -4.96%
EasyJet.uk 3.37% Rangold.uk -3.72%
Carnival.uk 2.88%     

  

Forex & Commodities markets  

The dollar coming off yearly lows vs most majors and the YEN reversed course sharply following the less than expected impact of Hurrican Irma and N. Korean tension relief, sending the Yen lower and the dollar index higher. Gold joined the Yen and took a 25$ plunge to close under 1325$ per ounce. UK CPI at 9:30 is the important news on the agenda Tuesday morning.   

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
11.9.2017   -0.2% 1.34% 0.8% -0.56% -1.25% 1.12%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.56% 1% -0.35% 0.51%  -0.31% -1.3%  -1.7%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
USDMXN 6617 0.6 104 8/9 5930   
USDCHF 9451 0.6 710 8/9 9450 SL changed
GOLD 1353 25 735 8/9 1340 SL changed    
       
DAX 11980 3 1850 29/8 11850
NASDAQ 5960 6 195 11/9 5960 New position 
       
     
     
OPEN PROFIT     3550$