European Markets:    

European markets traded in the typical October fashion, narrow ranges and closing in the green. Most major sectors closed flat while the DAX did not trade on a German vacation day. Better than expected results from Ryanair sent the travel and leisure sector higher 1.1% and the Energy sector bucked the trend closing up on better than expected earnings from oil giant BP while banking stocks lagged the markets.

Markets DAX CAC40 FTSE EUSXX600
31.10.2017 0.18% 0.07% 0.33%
1 Month 3.12% 3.25% 1.63% 2.2%
1 Year 24.05% 23.11% 8.33% 21.53%

 

 

                                                                                 

                                                                                                 MARKET MOVERS  

Airbus.de 3.59% BNP Paribas.fr -2.67%
Ryanair.uk 6.9% Societe General.fr       -1.34%
EasyJet.uk 3.16% Fresnillo.uk  -2.62%
WPP.uk 3.01% Rangold.uk -1.79%
Croda.uk 4.24%    IMP.uk        -2.23%   

 

 

Forex & Commodities markets:  

The dollar index was flat ahead of major news coming today and stretching till Friday. Metals reversed lower on stronger markets and a move from safe havens while OIL climbed to record highs for the year ahead of the inventories number today in the afternoon. UK manufacturing at 9:30 am then ADP Employment, OIL inventories and the FOMC statement in the afternoon are the important news on the agenda Wednesday.

  

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
31.10.2017  0.47% 0.41% 0.44% 0.01% -0.56% 0.53%
 Dollar Index USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.04% 0.22% -0.4% 0.05% 0.6% -0.9%  -0.34%

 

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
     
EURCAD 4960 0.7 280 31/10 4960 New position
CADJPY 88.6 0.7 220 26/10 89
OIL 52.6 5 1300 23/10 54 SL changed         
DAX 11980 3 4320 29/8 12670    
GOLD 1280 35 120 24/10 1284
USDCAD 2801 0.7 510 26/10 2870 SL changed
EURGBP 8823 0.7 530 30/10 8886 SL changed
OPEN PROFIT     $7210