European Indices rebounded from yesterday’s sell-off to surge following better than expected PMI data from Germany, the Euro-Zone and the UK. Consumer Confidence also rebounded from a nine-year low in May. Meanwhile, the UK Auto-Industry was said to have asked for a bailout package to protect jobs and kickstart a recovery as Prime Minister Johnson announced the re-opening of pubs and a reduction in the Social Distancing 2 metre rule. The DAX led the European markets higher with a gain of 2.13%. US Indices rose on optimism surrounding a trade deal with China. However, despite the S&P closing 0.4% higher its was near the lows of the day. So far, the rare Island Reversal is holding both the Dow and S&P while the NASDAQ rose for the eight- straight session. Markets fell from intra-day highs after the U.S Infectious Disease Doctor warned that the Coronavirus was not taking a summer break and was hopeful we will have a vaccine by early 2021. Elsewhere Treasuries closed flat while the US Dollar again weakened. Gold closed at its highest level since 2012 while Crude fell 1.2%. Bitcoin rose 0.78%, following on from Monday’s reports that PayPal would soon allow the buying  and selling of Cryptocurrencies.

To mark my 2100th 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 for details

For anyone following my Platinum Service it made 244 points yesterday and is now ahead by 2738 points for June, having made 2456 points in May, 4773 points in April, an incredible 9264 points in March, 2223 points in February, 2142 points in January and 818 points in December. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points

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