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Limit Up! 11th August 2025

Written by Ian Reynolds | Aug 11, 2025 12:52:37 AM

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Overnight

China CPI/PPI July 2025

Deflation persisting in China although not as bad as expectations.

Another day, 2 more US bill auctions. On that note

  • Total US debt  $37 trillion
  • $780 billion since the debt ceiling was raised
  • Last week the government sold $724 billion in Treasuries with 10 auctions. 

Breaking

Fed Governor Bowman says weak jobs report backs her view for 3 rate cuts this year [Fortune]

Bitcoin

Blast-off by Bitcoin to start the week. A close >120k looks for a retest of near all time highs. Plenty of selling in the last week, maybe shorts following sellers will create the stops we need to power a lot higher.

BITCOIN/USD Daily

Commodities

Despite the Trump administration walking back tariffs on Gold bars, price didn't fall this morning and we're still looking for the break higher.

GOLD/USD Daily

Foreign Exchange

USD / CAD solid despite all the bad news out of Canada. Financial markets are not the economy, are not geopolitics.

USD/CAD Daily

Equities

Tesla breaking back into the channel. Looks good. It's a typical Tesla price action.

TESLA Daily

Interesting

Economic Indicators Today