Daily Report December 22, 2017.
European markets traded higher across the board with all leading markets closing the low volume trading day in the green. The FTSE surged on a lower sterling to close up more than a percent on the day, bucking the US trend and with most leading sectors trading higher. The energy sector led the way on higher oil prices and all other leading sectors other than financials closed in the green. Nokia was EUSXX50 best performer closing the day up 4% on a better than expected sales outlook report.
Forex & Commodities markets:
The dollar was flat versus most majors going into the Christmas holiday weekend, as traders will come back to the trading desks Tuesday. The CAD reacted positively to the CPI news jumping sharply versus the dollar and closing under the 1.27 level. Most other FX markets were flat on the day however the AUD rose versus majors and gained sharply versus the yen, gaining versus the yen for the last 10 out 11 days n a row. UK Current Account at 9:30 GMT, US Durable Goods orders and CAD GDP at 1:30 pm are the important news on the agenda Friday.
Swing trades follow up –
|Trade||Entry price||Position||Open profit||Date triggered||Stop loss||Remarks today|