U.S. Equities climbed after a report the U.S. is considering delaying President Donald Trump’s plan to impose tariffs on Mexico. Treasuries pared gains and the Mexican Peso rebounded from Thursday’s lows. The S&P 500 Index extended its advance as Bloomberg News reported that Mexico is pushing for more time to negotiate. Treasuries rose on speculation that major central banks will keep a dovish stance as the trade war jeopardizes growth. The Euro rallied as European Central Bank President Mario Draghi touted “somewhat better” than expected first-quarter data. Investors pushed up the value of American equities despite the tariff threat that has led several analysts to forecast increased risk of a recession in the world’s largest economy. Sentiment remained fragile, though, with a U.S. official saying the most likely outcome is still that a 5% tariff goes into effect. Goldman Sachs Group Inc. put the odds that the U.S. imposes duties on imports from Mexico at 70%, according to a note dated June 5.

To mark my 1850th 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 bryan@tradernoble.com for details

For anyone following my Platinum Service it made 165 points yesterday and is now ahead by 143 points for June, having made 1722 points in May, 955 points in April, 1027 points in March, 1013 points in February and 1671 points in January. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points

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