The Pound soared 2.2% following the UK PM’s call for early elections. Polls currently put the Tories in front at 42% of the vote, up from the 37% result in the 2015 election, and there is a good chance that the government could increase its majority in Parliament and thereby cement its authority during Brexit negotiations. Elsewhere geopolitics and the unwind of the Trumpreflation trade continued with the US dollar down, US Treasury yields down, while Equities were weighed down by sharp falls in commodity prices (particularly industrial metals) along with disappointing earnings from Goldman Sachs.
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 session. This offer is open to both new and existing members and if anyone is interested can you please contact me on email@example.com for details.
For anyone following my Platinum Service it made 157 points yesterday and is now ahead by 895 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.