European Markets    

European markets closed the week on a negative note on profit taking, yet closed the week up more than 1.3%, the best weekly gain in three months. The FTSE on the other hand didn’t fare as well, posting another steep selloff day following the rise in the sterling and closing the week down another 1.1%. The banking sector led the markets lower while mining stocks took another slide, for the fourth day in a row.       

MarketsDAXCAC40FTSEEUSXX600
 15.9.2017-0.17%-0.22%-1.14%0.36%
1 Month1.82%0.22%-4.18%-0.88%
1 Year16.73%14.61%4.64%13.15%

                                                                                  

                                                                                                 MARKET MOVERS  

Nokia.fi2.46%Deutsche Bank.de-1.67%
Airbus.fr1.29%Bayer.de      -1.43%
BMW.de 0.55%Carnival.uk-6.22%
IMP Brands.uk2.05%Fresnillo.uk-2.5%
ITV.uk1.41%  

 

Forex & Commodities markets  

The sterling continued its aggressive climb Friday, standing now at 12 month highs vs the dollar and gaining more than 3% vs the dollar this month alone. All other pairs traded in narrow ranges ahead of the FOMC meeting this coming Wednesday. The dollar index was mostly flat other that the steep sterling losses. BOE Governor Carney speech at 7 pm is the important news on the agenda Monday.    

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
15.9.20171.31%0.58%0.76%0.18%-0.29%0.1%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.25%-0.38%-0.07%0.51%0.15%-0.53%-0.9%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
USDMXN66170.6-1608/95930  
    
GOLD1353258908/91340 
    
DAX119803194529/812410 
GBPUSD33990.589015/93515New position
GBPUSD34150.7119015/93540New position
   
   
OPEN PROFIT  4700$