Limit Up!

Limit Up! 12th March 2025

Written by Ian Reynolds | Mar 11, 2025 11:28:00 PM

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Overnight

Economic Indicators Released Overnight

JOLTS higher and 3 year auction below 4% reflect market pricing in a recession but what about inflation, I mean CPI tonight it's meant to have bottomed right? Truflation has CPI moving a lot lower. We'll find out later tonight!

Equity markets were flat to lower but BTC bounced and precious metals held their ground. 

World Equities

Breaking

Ukraine agrees to proposal for ceasefire with Russia as US restores aid and intel sharing [CNN]

Government of Canada plans to issue US-dollar global bond [Canada Govt]

Bitcoin

Bouncing at the moment but caution for now. Lots of sneak peaks of things about to happen at "The White House". Ignore this as politicians are not to be trusted. Stick with the 4 year cycle and where we are in it, until that doesn't work anymore.

BITCOIN / USD Daily

Deutsche Boerse's Clearstream to offer bitcoin and ether custody services [Reuters]

US SEC to move away from requiring crypto firms to register as trading systems, chief says [Reuters]

Precious Metals

Silver finally confirms above, a second breakout attempt. Gold in wedge which will break in the next few days.

SILVER / USD Daily

Bonds

Chinese bond yields higher and Yuan higher, something going on here or just profit taking?

China 10 Year Government Bond Yield Daily

Foreign Exchange

EURO still popping. It's time to reassess the EU as it's been written off as a credible entity for years (deserved) but Trump is Making Europe Great Again.

EUR/ USD Daily

Yuan continues to grind higher.

USD / OFFSHORE YUAN Daily

Equities

S&P has 10% drawdown since 19th Feb and traders now looking to buy beaten down stocks for a bounce. 

S&P500 Daily

Interesting

Economic Indicators Today