DAX: Slipping through trend line support & if we trade lower again today we will have the three black crows candlestick combination..Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle


DAX SHORT TERM TRADER: Tiny short at 13145; stop quite a bit above 13200. Target 12400.

DAX POSITION TAKER: Might re-sell depending on today and Friday’s close.


UK population grows in 2017 Including non-British

Data from the Office for National Statistics yesterday showed that non-UK born citizens living in Britain rose by 3 per cent to 9.4 million; the non-British population increased by 4 per cent to 6.2 million. Poland is the most common place of birth for those living here, and Romanians were the fastest expanding nationals in this segment. Five London boroughs have the highest concentration of non-UK born people, city-wide it accounts for 24 per cent of non-British nationals and 38 per cent of non-UK born citizens.

Data this morning show that once again Japan is nowhere near hitting its 2 per cent inflation target. The Tokyo area, which releases its figures a month ahead of the nation’s, saw consumer prices rise by 0.4 per cent in the year to May, with the CPI excluding fresh food and energy growing at just 0.2 per cent. Both were down a pip from April’s measures.

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