European Markets    

European markets traded higher over better than expected comments from the ECB, earnings reports and the tax reforms in the US. All major sectors other than Autos and all bourses closed in the green, led by banks, and health care stocks. Swedish giant retailer H&M disappointed investors with a 20% drop in pre-tax profit and the stock responded with a 5% dive. The Auto sector closed in the red on weakness in VM, down more than 1.5%.   

MarketsDAXCAC40FTSEEUSXX600
 28.9.20170.37%0.22%0.13%0.51%
1 Month4.38%3.7%-1.16%3.77%
1 Year19.37%17.89%5.98%17.56%

 

                                                                                 

                                                                                                 MARKET MOVERS  

CRH.uk2.92%H&M.sw-5.2%
Deutsche Bank.de2.68%VW.de      -1.67%
DPost.de 1.26%BMW.de  -0.65%
SG.fr1.31%EasyJet.uk-1.8%
Ferguson.uk2.79%Carnival.uk -1.73%   

 

Forex & Commodities markets  

The dollar index stalled after a three day rally and most of the majors traded in narrow ranges on very little volume. The surprise gainer on the day was the JPY that advances vs majors despite the positive global markets movement, GOLD and majors metals traded sideways. UK Current account at 9:30 am and CAD GDP at noon are the important news on the agenda Friday.   

  

  

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
28.9.20170.34%-0.34%-0.1% 0.3%0.1% -1.11%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
 -0.21% -0.11%0.05%-0.33% -0.29% 0.29%-0.11%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
NASDAQ5875852625/95873 
AUDUSD79480.763025/97855Stopped out  
USDNOK92140.719028/98902
EURUSD17450.6-18628/91775Stopped out
DAX119803256029/812565SL changed  
   
    
   
UK1007200332018/97150
OPEN PROFIT  3550$