Limit Up! 17th July 2025
Podcasts | Daily LinkedIn | Weekly LinkedIn | Check out the website
Overnight
UK CPI June 2025
UK needs to drive energy prices down to get a grip on CPI before market rates start rising significantly.
US Equities
Breaking
Trump won’t fire Powell as Fed chair, says Treasury chief Bessent [MarketWatch]
Canadian Real Estate Price Floor Breaks, Prices Plunge To 4-Year Low [Better Dwelling]
Bitcoin
A good bounce back for BTC where there have been some big sellers in the last few days. A close above 120k is very bullish.
Commodities
Oil looks like a head and shoulders forming although the break is a bullish hammer.
Bonds
PPI took the heat off but those long yields continue to back up globally
US 30 Year Government Bond Yield Daily
Foreign Exchange
USD via DXY 10 day bounce looks to have faded. Failing to get past 99.00 would bring further downside.
Equities
S&P holding on. Bullish hammer looks for price to regain the uptrend.
Interesting
Economic Indicators Today