U.S. Equities rose toward all-time highs, Gold rallied and the US Dollar fell as comments by Jerome Powell cemented market bets for an Interest Rrate cut this month. Treasuries were mixed. Equities that had slumped since Friday’s strong jobs report rallied back to intraday records after the Fed chairman signalled a willingness to lower rates, citing a slowing global economy and trade issues. Minutes from the Fed’s June meeting confirmed an inclination among officials to cut rates soon. Gains faded as Powell testified to Congress, with financial shares leading the pullback. The S&P 500 briefly topped 3,000 for the first time. Overnight, Asian stocks climbed alongside U.S. Equity Futures after comments by Federal Reserve Chairman Jerome Powell cemented market bets for a rate cut this month. As I go to press both the NASDAQ and S&P Futures Markets are now trading at new all-time highs.

To mark my 1875th 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 108 points yesterday and is now ahead by 532 points for July, having made 1346 points in June,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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