European Markets    

European markets traded mostly sideways on very little volumes and in narrow ranges following an array of global events, starting in the morning with the results of the German Election and later dealing with the crisis in N. Korea. Banks and miners were the worst performing sector on the day while all other major sectors traded mostly flat.   

Markets DAX CAC40 FTSE EUSXX600
 25.9.2017 0.02% -0.27% -0.13% -0.1%
1 Month 3.52% 3.2% -1.36% 2.9%
1 Year 18.51% 17.39% 5.68% 16.69%

                                                                                  

                                                                                                 MARKET MOVERS  

Bayer.de 1.63% Deutsche Bank.de -1.7%
Eni.it 1.16% Societe General.fr       -1.56%
Airbus.de 0.65% Antofagasta.uk  -3.35%
    Anglo American.uk -3.34%
         

 

Forex & Commodities markets  

The dollar index was higher following the N. Korean crisis and the selloff in the US markets. Gold and metals moved higher as well as the Yen while the Euro took a sharp turn lower. OIL was the big winner in the markets Monday, closing above 51$ for the first time in 4 months, following another global crisis this time the threat is to Kurdish OIL production from Turkey. US Consumer Confidence and Fed Chairman Yellen speech are the important news on the agenda Tuesday afternoon.    

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
25.9.2017  -0.18% -0.3% -1.17% -0.88% 1.3% 3.1%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
 -0.08% -0.2% -0.35% -0.63%  0.33% 1.21% 0.9%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
NASDAQ 5875 8 -10 25/9 5840 New position
AUDUSD 7948 0.7 50 25/9 7980 New position
GOLD 1353 25 1316 8/9 1300  Stopped out    
GOLD 1306 30 166 21/9 1300 Stopped out   
DAX 11980 3 2060 29/8 12410  
Silver 16.96 500 -122 21/9 17.2 Stopped out
OIL 50.63 5 825 22/9 51.8 SL changed
     
UK100 7200 3 210 18/9 7150
OPEN PROFIT     3150$