Limit Up!

Limit Up! 10th February 2025

Written by Ian Reynolds | Feb 10, 2025 2:50:33 AM

Overnight

Trump Suggests Musk Found ‘Irregularities’ in US Treasuries [Bloomberg]

Trump Plans to Unveil 25% Steel, Aluminum Tariffs on Monday[Bloomberg]

China CPI January 2025

More bad news for the Chinese economy with input prices still falling and more tariffs to deal with.

Talk of Gold being revalued as markets remembered Scott Bessent, US Treasury Secretary, talking of monetizing assets on the US Government's balance sheet. 

In the most markets are prepared for news as it happens and the volatility has subsided. 

Breaking

Angry Brits cancelling their council tax payments after elections postponed: 'Not paying!' [Express]

Mexico accelerates easing with 50bp cut [Central Banking]

 

Precious Metals

Gold still climbing

Gold / USD Daily

Royal Mint says gold bullion sales at record high as investors flock to safe haven [Business Live]

Foreign Exchange

USD higher on tariff news

DXY Daily

Equities

Equity futures are slightly higher

US Equity Futures

Bitcoin

BTC continues to drift. There is a live YouTube tomorrow from U.S. House Committee with oversight of the financial services industry.

Bitcoin / USD Daily

Bonds

US markets quiet while JGB yields climb again

Japan 10 Year Government Bond Yield Daily

Economic Indicators Today