U.S. Indices closed lower for the second consecutive trading session as tensions with China rose again. Beijing ordered the U.S Consulate in Chengdu to close in response to America ordering China’s Houston Consulate which was closed earlier in the week. The Republican Stimulus proposal was also delayed, with Senate Republicans saying they will unveil their own stimulus package this week due to the fine- tuning of measures that they want to include. Equity Markets were not helped by the weaker than expected U.S Preliminary Composite Purchasing Managers’ Index for July which came in weaker than expected. However, New Home Sales surged 13.8% in June, blowing away estimates and hitting a 13-Yaer High. The NASDAQ posted it first back-to-back loss in 49 trading sessions, led by Intel which closed 16% lower on Friday. European Indices also closed lower. The UK’s Chief Brexit negotiator said ‘’considerable gaps’’ remain between Britain and the EU on a post-Brexit trade deal. Elsewhere, The US Dollar fell for a fifth straight day while Oil closed 0.3% higher.

To mark my 2125th 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 85 points last Friday and is now by 2658 points for July, having made 2580 points in June, 2456 points in May, 4773 points in April, an incredible 9264 points in March, 2223 points in February and 2142 points in January. 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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