European Markets    

European markets traded mostly sideways in narrow ranges. Most bourses closed in the red, while the DAX managed to squeeze a positive close mainly on strength from the Autos sector, the best performing major sector, up 0.9% on the day. N. Korean tension and overall profit taking sentiment in the US markets weighted on the trading day as investors had mainly negative news to digest. European investors now brace for the ECB rate decision tomorrow at noon.    

  

MarketsDAXCAC40FTSEEUSXX600
 5.9.20170.18%-0.34%-0.52%-0.13%
1 Month-1.41%-2.32%-1.85%-2.46%
1 Year13.5 %12.07%7.01%11.37%

                                                                                  

                                                                                                 MARKET MOVERS  

VW.de   1.85%Orange.fr-2%
Siemens.de0.94%Deutsche Bank.de      -1.89%
BMW.de 1.73%Carnival.uk-3.55%
PaddyPWRBet.uk2.01%ReckittBen.uk-2.72%
Severn.uk1.11%EasyJet.uk-2.12%

 

Forex & Commodities markets  

The dollar was again under pressure Tuesday as the renewed N. Korean tension and remarks from FED governor Brainard that US inflation is in check, send the dollar lower vs all majors. Gold moved higher on dollar weakness while OIL was yesterday best performer on renewed talks between Russia and Saudi Arabia on capacity output quotas. BOC rate statement at 2 pm GMT is the important news on the agenda Wednesday.   

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
 5.9.2017  0.79%-0.9%-0.7% -0.18%1.3%2.8%
USDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.46%0.68%-0.22% -0.3%0.98%0.2%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
   
CADJPY87.750.7-305/988New position
EURUSD18980.71104/91850
USDCAD24100.71404/92430
DAX11980331529/811850
   
NASDAQ5807675028/85930Stopped out   
   
   
OPEN PROFIT   535$