Yesterday the main market price action has been the continued sharp fall it the NASDAQ of some 2.0%, seemingly driven by a succession of negative analyst reports on valuations, renewed selling of Sterling on Monday after a reprieve when markets opened in Asia on Sunday night, and a jump in the Canadian dollar after Senior Deputy Governor or Carolyn Wilkins gave a fairly strong hint that the Bank of Canada is shifting to a ‘tightening bias’ given recent improvements in the economic data. US bond markets have been treading water in front of the two day FOMC meeting that commences this afternoon, 10s stuck around 2.2%, while the Australian dollar has been spent most of its time meandering within a narrow 0.7420-0.7445 range.

To mark my 1350th 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 50 points yesterday and is now ahead by 360 points for June, having made 1071 points 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 1750 points.

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