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.  

MarketsDAXCAC40FTSEEUSXX600
 12.9.20170.4%0.62%-0.17%0.52%
1 Month1.86%0.1%-1.66%-0.62%
1 Year16.77 %14.49%7.2%13.41%

 

                                                                                 

                                                                                                 MARKET MOVERS  

Deutsche Bank.de3.57%EON.de-2.06%
VW.de1.95%BR.AmericanTOB.uk      -2.02%
BNP Paribas.fr 2.4%Fresnillo.uk-2.3%
Ashtead.uk4.45%Rangold.uk-2.94%
Ferguson.uk2.06%   

  

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.    

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
12.9.20170.9%0.77%0.85%0.1%-0.05%0.3%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.07%0.53%-0.17%0.6%0.7%0.25% -0.7%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
USDMXN66170.61508/95930  
USDCHF94510.68788/99544SL changed
GOLD1353255508/91340
EURGBP90660.757012/99066New position 
DAX119803193029/811850
NASDAQ5960624011/95960  
    
   
   
OPEN PROFIT  4240$