Who would have guessed that on a day when Geo-polical stress was once more to rear its head via the bombing of a Syrian air-base by the United States, and US Non-Farm Payrolls rose by less than 100,000 (98K and with 38K worth of downward revision), that the US Dollar and US Bond Yields would end the day higher and equities virtually unchanged? That is the reality of Friday’s markets, with all the Asian trading session ”risk-off” moves unwound during both Friday’s European and US trading session. The US strikes were seen for what they probably are – a one-off warning at this stage to Syria’s President Assad to desist from using chemical weapons in the ongoing civil war, while the sharp fall in the US Unemployment Rate to yet another new cycle low(4.5%) carried the day as far as the US Labour market data was concerned. Hourly Earnings at 2.7% down from 2.8% y/y were in line with expectations and not a market moving part of the report.

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 bryan@tradernoble.com for details.

For anyone following my Platinum Service it made 49 points on Friday and is now ahead by 448 points for April, having made 1335 points in March, 1481 in February and 1734 in January. The previous seven months saw gains of 1351, 1971, 1582, 1142, 1782, 1682 and 2550 points respectively. Since I started this new Platinum Service in June 2015 it has averaged a monthly gain of over 1750 points.

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