Daily Report December 15, 2017.
European markets traded lower following the array of central banks news from across the continent leaving investors looking from clues regarding future markets direction in the dark. All leading bourses traded lower and most major sectors closed in the red led by utilities, down another 1.3% yesterday. British retailer Steinhoff took a 13% dive on accounting issues while Capita.uk closed sharply lower on a disappointing outlook.
Forex & Commodities markets:
The dollar index traded mostly sideways following yesterday selloff and had little reaction to Central bank news coming from the EU and UK. Metals traded higher for the second day in a row from six month lows and Gold managed an above 1255$ per ounce close after trading under 1240$ this week. The AUD was the winner in the FX markets this week climbing vs majors and trading at two month highs vs the Euro. There is no important news on the agenda Friday.
Swing trades follow up –
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