European markets traded lower across the board for the fifth day in a row, bucking the global markets trend lower as all leading sectors other than banking closed in the red. Airbus was higher on the day following a big US equity firm jet order while bank stocks were positive on strength in DB. Most other leading sectors trended lower and energy stocks closed in the red following the move lower in OIL prices and the weak overnight Asian session.
Forex & Commodities markets:
The dollar index closed flat after a choppy session, weak in the morning and reversing higher in the afternoon. Most markets closed flat on the day – other than oil which had another weak session following the inventories number, now down 7% from the year 58$ per barrel highs a week ago. UK retail sales at 9:30 are the important news on the agenda Thursday.
Swing trades follow up –
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