U.S. Equity Markets closed mixed yesterday following a wild trading session that saw plenty of two-way price action. Although the Dow closed lower by 0.18%, lower Treasury Yields saw the NASDAQ 100 end yesterday’s session with a gain of 0.52%. The ADP released its latest private payroll report, showing companies added 242,000 jobs in February – more than expected. JOLTS – January Job Openings and Labour Turnover Survey showed that labour-market tightness remained relatively unchanged as the ratio of job openings to job seekers remained at 1.9. Fed Chairman Jerome Powell’s tone softened during his congressional testimony Wednesday when he asserted that the size of this month’s rate hike has yet to be determined. The Federal Reserve’s latest Beige Book outlined a strong start to the year for the economy as spending and manufacturing activity increased. Within the S&P 500 Index, seven of the 11 sectors finished higher. European Markets closed higher. Euro-Zone Fourth Quarter Household Consumption fell 0.9% as high inflation and rising borrowing costs stifled activity, growth, and demand, while German Retail Sales for January dropped 0.3% versus December and 6.9% year over year as consumers continued to grapple with the rising cost of living. ECB Governing Council member Klaas Knot said it is likely to keep raising interest rates high for some time after the March monetary policy meeting. Bank of England member Swati Dhingra, known for her dovish policy stance, warned against overtightening since economic data always lags in showing policy effects. In Asia, Bank of Australia Governor Philip Lowe said that the central bank was getting closer to the end of its current rate-tightening cycle, but ultimately it would depend on upcoming economic data. Japanese  Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol were said to seek a summit to repair relations and improve trade between the two nations. Japanese investors became net buyers of U.S. sovereign debt in January for the first time in five months due to increasingly attractive Treasury yields. Elsewhere, Oil fell 1.36% while Gold closed flat after a quiet session.

To mark my 2725th 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 355 points yesterday and is now ahead by 1377 points for March after finishing February with a gain of 3164 points, after closing January with a gain of 4687 points, while finishing December with a gain of 2054 points. November ended with a gain of 4789 points, while finishing October with a record gain of 9619 points, making 6660 points in September, after closing August with a gain of 2228 points, having made 2660 points in July, following a gain of 3371 points in June. The Service made 3651 points in May, after making 762 points in April, following a gain of 5883 points in March. The Platinum Service made an impressive 5324 points in February, after ending January with a gain of 3878 points, more than making up for December’s 932 points loss. 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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