Daily Report December 12, 2017

European Markets:    

European markets opened the trading week on a mixed mode, the FTSE closed higher on strength in miners and weakness in the sterling while all other EU markets traded near the flat line with no news on the agenda and very little momentum or leadership in the major sectors that could have made a difference.  

Markets DAX CAC40 FTSE EUSXX50
11.12.2017  -0.23% -0.23% 0.8% -0.28%
1 Month -0.03% 0.11% 0.28% -0.32%
1 Year 17.28% 13.15% 8.18% 11.98%

                                                                                 

                                                                                                 MARKET MOVERS  

Vivendi.fr 2.73% Adidas.de -3.1%
Siemens.de 1.56%   Airbus.de        -2.1%
WPP.uk       2.61% EON.fr           -1.53%
BHP Billiton.uk 2.27% Whitbread.uk -2.65%
Antofagasta.uk 2.24%  M&S.uk -1.5%

 

  

 

Forex & Commodities markets:  

The dollar index traded mostly sideways and the markets had little change ahead of the big news coming down the week, the FOMC meeting Wednesday night and BOE and ECB rate decisions on Thursday. OIL moved higher on geopolitical concerns while the metals markets continued to be weak despite the dollar moving mostly sideways. UK CPI at 9:30 am and US PPI at 1:30 pm are the important news on the agenda Tuesday.           

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
11.12.2017 -0.4% 0.04% 0.07% 0.06%  -0.33% 1.06%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
  0.01% -0.11% 0.33% 0.33% 0.1% -0.56% 0.45%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GBPJPY 151.6 0.6 -110 11/12 151.2 New position
         
NASDAQ 2695 6 830 5/12 2630
         
       
       
DAX 12945 3 660 1/12 12800
       
OPEN PROFIT     $1300
     

 

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