One of the big news from a relatively volatile trading session has come from the JOLTS report showing the gap between job openings and actual hiring’s in the US is now the widest ever. The Fed would argue that this is a signal of a tightening labour market and eventually higher wages pressures should help bridge or narrow this gap. Reaction to the data pushed the US Dollar and US Treasury Yields higher. But then late in the New York session President Trump warned that threats from North Korea “will be met with fire and fury like the world has never seen”. US Treasury yields and US equities moved lower on the news, but reaction in currency markets has been fairly muted so far.
To mark my 1400th 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 session. This offer is open to both new and existing members and if anyone is interested can you please email me on firstname.lastname@example.org for details.
For anyone following my Platinum Service it made 43 points yesterday and is now ahead by 284 points for August, having made 1096 points in July, 1023 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.