It has been a sea of red for equities in Europe and the US, mainboard European stocks down around 3% and the S&P 500 down over 3% at one stage before a late rally saw the market close just 0.40% lower. US energy stocks are again being beaten up with oil prices back down, WTI and Brent down by 2-2.5%, WTI mid-session flirting with $50/barrel again when prices were off by around $3/bbl after OPEC/Russia failed to cut a supply reduction deal. While yesterday’s session has definitely been ‘’risk off’’, the DXY has been losing ground even more so than the commodity currencies such as the AUD. From where I posted yesterday morning, the DXY is down 0.32% to 97.02, while the AUD is trading at 0.7234, benefiting a little late as US stocks have recovered some lost ground. Meanwhile the EUR/USD again failed a test of 1.14 to close at 1.1375.
To mark my 1725th 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 To demonstrate this value, a monthly subscription over the same period would cost 4440 euro in total This offer represents a 38% discount and is open to both new and existing members. If anyone is interested in this offer can you please email me on email@example.com for details
For anyone following my Platinum Service it made 307 points yesterday and is still ahead by 527 points for December, having made 1541 points in November, 2094 points in October, 1279 points in September, 599 points in August, 1074 points in July, 994 points in June, 1927 points in May, 1657 points in April, 1760 points in March and 2256 points in February. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points
I have a YouTube Channel which contains recent interviews I have given. This can be viewed by clicking HERE Please subscribe to this for new interview notification