European Markets    

All European markets other than the FTSE traded higher with most leading sectors in positive territory led by financial stocks and Autos while the FTSE fell under pressure from a stronger sterling and weakness in miners and tobacco stocks. The N. Korean tension relief and Hurrican Irma lower than expected damages to the insurance industry were the reason for the positive trading day.  

Markets DAX CAC40 FTSE EUSXX600
 12.9.2017 0.4% 0.62% -0.17% 0.52%
1 Month 1.86% 0.1% -1.66% -0.62%
1 Year 16.77 % 14.49% 7.2% 13.41%

 

                                                                                 

                                                                                                 MARKET MOVERS  

Deutsche Bank.de 3.57% EON.de -2.06%
VW.de 1.95% BR.AmericanTOB.uk       -2.02%
BNP Paribas.fr 2.4% Fresnillo.uk -2.3%
Ashtead.uk 4.45% Rangold.uk -2.94%
Ferguson.uk 2.06%     

  

Forex & Commodities markets  

The dollar index managed another positive day, the second in a row vs most majors while the sterling was the big mover in the FX markets gaining close to 1% vs majors on a higher than expected CPI number. Most other markets traded in narrow ranges in relief from geopolitical tensions and with very little news on the agenda. UK Earnings at 9:30 am and OIL Inventories in the afternoon are the important news on the agenda Wednesday.    

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
12.9.2017 0.9% 0.77% 0.85% 0.1% -0.05% 0.3%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.07% 0.53% -0.17% 0.6% 0.7% 0.25%  -0.7%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
USDMXN 6617 0.6 150 8/9 5930   
USDCHF 9451 0.6 878 8/9 9544 SL changed
GOLD 1353 25 550 8/9 1340
EURGBP 9066 0.7 570 12/9 9066 New position 
DAX 11980 3 1930 29/8 11850
NASDAQ 5960 6 240 11/9 5960   
       
     
     
OPEN PROFIT     4240$