Whether President Trump and his advisers are fans of Neil Sedaka  we probably will never know, but with the Q2 US GDP underwhelming on Friday and seemingly unable to break up into a higher range, Sedaka’s number one hit ‘’breaking up is hard to do’’ could be one of those stress songs that keeps playing in your head. The task of getting the US economy growing up towards 3% amid internal turmoil and a Republican Congress that doesn’t want to play ball appears to be getting harder and harder. On Friday disappointing US data releases provided the excuse to sell the US Dollar and buy US Treasuries while earnings results from Amazon weighted on tech stocks. Meanwhile Brent oil rose back above the $52 mark punching through its 200MDA and now is almost 10% up month to date. The Swiss Franc was the biggest G10 loser, bucking the US Dollar sell-off trend.

To mark my 1375th issue of Tradernoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1 to 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 90 points on Friday and is now ahead by 1090 points for July, having made 1023 points in June, 1071 in May, 1376 in April, 1335 in March, 1481 in February and 1734 in January. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1700 points.

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