Limit Up! 18 December 2025
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Overnight
Economic Indicators Released Overnight

CPI in the UK and EU looks to have broken through the annoying, sticky levels above target at 2%. Good timing as the BoE and ECB meet today.
Gold and Silver continue to push higher, and equities roll over. We have BoJ tomorrow as well, but look for thin markets next week.
US Equities

Breaking
Fed governor Waller says rates could be cut by as much as a full point [FT]
'Shadow banking' growing at double the rate of traditional lenders, FSB says [Reuters]
Oracle’s Rent Is Too Darn High [Bloomberg]
JPMorgan pulls $350bn from Fed to buy up Treasuries [FT]
Vanke to Meet With Insurers, Banks in Shenzhen as Crisis Deepens
Crypto
Solana looks to be about to get pushed over the cliff. The continual downside pressure on Bitcoin and Ethereum is telling. Price closed below the pivot low at 126.03 and has confirmed below 130.00 trend support. We’re looking for a quick move to 95.50. Read more
SOLANA/USD Daily

Foreign Exchange
Price is coming to the chart instead of chart coming to the price, which is exactly the way it should be. The impulse higher was helped by pressure off USD as a whole, but very encouraging for a big move higher next year. Read more

Equities
DJIA confirmed below the pivot line, and S&P 500, NASDAQ price action tells us a 5-10% correction is on the cards before the end of the year. Read more
DOW JONES INDUSTRIAL AVERAGE Daily

Bonds
As CPI drops, and the Bank of England told us it would, GILTS seem to be outperforming other bond markets. BoE decision today looks like a 25bps cut which would be good timing. Read more
UK 10 Year Bond Yield Daily

Economic Indicators Today

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