With the US market closed for the Independence Day holiday, the focus has been elsewhere and for the markets in both Asia and Europe. It has not been a big 24 hours as far as price action was concerned, the Eurostoxx 600 index off 0.29%, European bond markets with a modest bid tone, yields off fractionally. The German 10 year bond was almost unchanged/ lower on net by less than one basis point. Gold was little changed, up $3.80/oz. The largest currency move has been the Australian Dollar over the past 24 hours, the yen and KRW little changed after the Korean missile test. It was the AUD’s swift reaction to yesterday’s only-incremental change in the RBA’s post-Board statement, a materially larger reaction than for the Won after the launch of an Intercontinental Ballistic Missile from North Korea, a launch that’s also drawn the ire of a statement from the Chinese and the Russians.

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 was flat yesterday as apart from my existing long Silver position none of my calls got executed and is still ahead by 187 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.

This content is for Free Members or higher.

Already Have an Account? Log In

New to TraderNoble? Register