U.S. Equities edged higher after President Donald Trump said he was “very close” to a trade pact with China even as he warned that Beijing wanted a deal more than he did. Automakers, an industry particularly sensitive to trade, led advances after Trump’s comments in an interview on Fox News. Bitcoin tumbled to a six-month low and the US Dollar gained. Oil fell and Treasury yields held steady. The S&P 500 Index posted a small weekly loss, its first since early October. It’s been a mixed picture on the trade front last  week, suppressing volatility and keeping stocks in a tight range within 1% of a record high. Chinese Vice Premier Liu He has invited Robert Lighthizer to Beijing for further talks later this month, according to people familiar with the matter, and Washington will likely postpone new tariffs scheduled for December even if there’s no deal by then, the South China Morning Post reported. However, Trump may soon sign a bill supporting Hong Kong’s protesters, a move likely to anger China. He declined to reveal plans when asked Friday. Asia stocks rose with European and U.S. equity futures as investors mulled the latest move by China that may go some way to easing trade tensions. The Japanese Yen dipped. Hong Kong stocks outperformed after local council elections proceeded with record turnout amid the city’s continuing unrest after residents in Hong Kong handed an overwhelming victory to pro-democracy candidates in a vote for district councils on Sunday.

To mark my 1950th 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 was flat on Friday and is still ahead by 591 points for November, having made 1649 points in October, 1620 points in September, 2387 points in August, 1153 points in July, 1346 points in June,1722 points in May, 955 points in April and 1027 points in March. 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

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