European and US equities have brushed aside the negative lead from Asia which saw the Shanghai composite down nearly 1% on the day and its fourth session of declines. The Euro has also come under pressure amid softer than expected German inflation with the move lower in the currency also affected by the widening in the 10y US-Bunds spread. Solid US economic data helped 10y UST yields climb back above 2.40% while 10y Bunds edged a little bit lower as investors rethink the prospects of the ECB retaining its loose monetary policy for a while longer. Energy shares on either side of the Atlantic have benefited by yet another jump in oil prices while US financial, Wednesday’s losers, led the move higher yesterday in the US, with a 1.40% gain.

To mark my 1300th issue of Tradernoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1/4 updated emails throughout the trading day. This offer is open to both new and existing members and if anyone is interested can you please contact me on for details.

For anyone following my Platinum Service it made 80 points yesterday and is now ahead by 1300 points for March, having made 1481 points in February, 1734 in January, 1351 in December, 1971 in November and 1582 in October. The previous four months saw gains of 1142, 1782, 1682 and 2550 points respectively. Since I started this Platinum Service in June 2015 it has averaged a monthly gain of over 1800 points.

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