Daily Alert: Thursday 7th December 2017

Mark NugentDaily Alert, Nov 2017

Trading Analysis for Thursday 7th December 2017

I enter the FTSE100 long at the close as global equity indices have a good day. It has gapped up this morning.

Yesterday, the USD rises as do most global equity indices. The JPY strengthens and the US 10 Year yield dropped. I cannot get excited about anything I see on the currency markets. It’s a mixed picture so I am saying neutral risk sentiment.

UK PM May is planning to issue a new text on the Irish Border within 24 hours says the Irish Independent.

German SPD leader Schulz is to try and convince his party on Thursday that it has an obligation to discuss forming a government with German Chancellor’s CDU/CSU for the sake of stability in Germany and Europe. (Newswires)

The Bank of Canada keeps interest rates unchanged and reiterates that higher rates will likely be required over time, and that it will continue to be cautious. The CAD falls.

[mepr-hide if=”loggedin”]

VIP Club members please [mepr-login-link] to access your Daily Alert video.

For VIP Club members, this commentary is augmented with a short daily video where I discuss the trades I am in and the opportunities for tomorrow. If you would like a free one month trial to the VIP Club you can find out more HERE.


[mepr-show if=”loggedin”]

Here is your Daily Alert video.

The updated Trading Plan is HERE.

You can download the video HERE. If it starts to play in your browser, right click on it and select “save video as” or similar and it will download to your machine.

There is an archive of all VIP Club member’s content on the VIP Club page.