Limit Up! 12th May 2025

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Breaking

A US-China trade "deal has been done". 

US, China to issue joint statement on trade talks on May 12.

 

Futures are higher of course but let's see the statement.

US Equity Futures

US Equity Futures


Commodities

Gold trying to break lower as trade fears subside. Remember why everyone's buying Gold though. 

GOLD / USD Daily

GOLD / USD Daily


Bitcoin

Evert institution is talking about BTC. Apparently in the trade talks, the Chinese delegation tried to talk about the US Strategic Bitcoin Reserve but Scotty B wasn't having any of it. Now over $100k we expecting retail to come in, maybe switching out of tech stocks, and when that happens the 4 year cycle will click in for a blow-off top in the next six months.

BITCOIN / USD Daily

BITCOIN / USD Daily


Foreign Exchange

DXY bouncing off support since 2011. Thus far it hasn't been too convincing, and even with the trade news, there's been no real upward thrust.

dxy-1

DXY Daily


Interesting


Economic Indicators Today

Economic Indicators Today