U.S Indices started the week on a positive note as Stimulus optimism boosted markets. President Donald Trump called on Congress to come together and pass additional Coronavirus-stimulus legislation, before he left hospital after a three- night stay for treatment and promises to hit the campaign trail soon. Speaker of the House Nancy Pelosi said lawmakers were making progress in negotiations on another aid bill. White House Chief of Staff Mark Meadows echoed this later in the morning, saying that U.S. lawmakers continue to negotiate over the next round of relief. Meadows added that there was potential for a deal as long as politics don’t get in the way again. Economic data were also positive. ISM Non-Manufacturing beat estimates in September, in another positive sign for the economic recovery. The NASDAQ 100 led the gains, closing 2.25% higher. The European Union and the U.K. agreed to increase efforts to close the gap on differences in post-Brexit trade agreement negotiations, hoping for a deal by the end of October. Italian Health Minister Roberto Speranza said the government was preparing to introduce new measures to limit social gatherings in an effort to contain the recent Coronavirus resurgence. Euro-Zone Retail Sales rose more than expected in August, signalling that consumer spending continues to accelerate. Euro-Zone Final Services PMI for September came in above the initial reading, indicating the economic recovery is gaining momentum. Elsewhere, Oil surged 6.23%, as strong economic data sparked optimism on the economic recovery, while Gold rose 0.56% on Dollar weakness.

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 bryan@tradernoble.com for details

For anyone following my Platinum Service it made 220 points yesterday and is now ahead by 621 points for October, having made 3042 points in September, 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

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