European Markets:    

European markets traded higher after a weak open and all major sectors other than banking closed in the green led by a jump in Autos, the best performing sector on the day. VW jumped more than 4% on news it will invest 23 billion in the VW brand in the next 4 years. The Autos sector was up 1.4% on the news. The positive sentiment faded into the close however all EU markets closed in the green despite the political turmoil in Germany.  

Markets DAX CAC40 FTSE EUSXX50
20.11.2017 0.5% 0.4% 0.12% 0.39%
1 Month 0.52% -0.59% -1.78% -1.21%
1 Year 22.21% 17.9% 9.02% 17.42%
         

 

                                                                                 

                                                                                                 MARKET MOVERS  

VW.de 4.19% Fresenius.de -0.82%
CRH.uk 1.48% AXA.fr       -0.68%
Nokia.fi     2.44% Adidas.de          -0.57%
Barclays.uk 2.03%   Shire.uk   -2.7%  
Intertek.uk      1.69% Mediclinic.uk                  -3.06%     

 

Forex & Commodities markets:  

The dollar index traded sharply higher sending metals lower and reversing again the trend in the FX markets, ahead of the long weekend vacation expected from Wednesday for the Thanksgiving weekend. Metals turned red into the close as both Platinum and Silver traded close to 3% lower. UK Inflation report hearings at 10 am is the important news on the agenda Tuesday.

 

   

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
20.11.2017 0.15% 0.51% 0.02% -0.53% -1.5% -0.8%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.47%  0.51% -0.24% 0.31% 0.43% -2.7%  -3%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GOLD 1272 40 300 6/10 1270  
NZDUSD 6797 0.7 50 17/10 6760  
NASDAQ 6305 6 75 20/10 6280 New position
GBPCAD 6934 0.7 160 20/10 6900 New position
             
             
SUI30 9206 3 120 9/10 9330 Stopped out
             
OPEN PROFIT     $560