Global Equity Markets rose on positive vaccine news. Pfizer and BioNTech proposed boosting the size of their Coronavirus vaccine trial from 30,000 to 44,000, increasing scope and diversity, as they remain on track to submit data by late October. And Pfizer’s CEO said it could begin distributing hundreds of thousands of doses before the end of the year. This sparked optimism that the economy could return to normal quicker than expected. Meanwhile, AstraZeneca and Oxford University said they restarted Coronavirus vaccine clinical trials in the U.K. after receiving regulatory approval but have yet to do so in other countries. European Central Bank Chief Economist Philip Lane said a rising Euro hurts the outlook for inflation, implying the need for additional monetary easing. The World Health Organisation’s European head warned the continent will see a surge in Coronavirus deaths in October and November, but this was largely ignored by equity markets with the Dow and S&P closing higher by 1.18% and 1.27% respectively. Credit Suisse and UBS Group were said to explore a merger, with a deal potentially closing early next year. The CEO of Irish budget airline Ryanair, Eddie Wilson, said he expects the European Commission will unveil a new travel advisory this week to open – up borders across Europe. Elsewhere, the US Dollar was weak, resulting in the Euro testing $1.19 this morning, while Gold closed 1% higher.
To mark my 2150th 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 firstname.lastname@example.org for details
For anyone following my Platinum Service it made 160 points yesterday and is now ahead by 1207 points for September, having made 2383 points in August, 3128 points in July, 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