Limit Up!

Limit Up! 18th March 2025

Written by Ian Reynolds | Mar 18, 2025 12:03:52 AM

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Overnight

Economic Indicators Released Overnight

Retail sales down with inventories up, along with (very volatile) New York manufacturing index much lower, reinforced the slowing economy narrative and helped stocks close in positive territory.

China House Prices YoY February 2025

It takes time for the YoY index to move positive but it is definitely going in the right direction currently.

Breaking

Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis [CNBC]

US President Donald Trump pledges release of 80,000 pages of JFK files [9 News]

Bitcoin

Bitcoin can't get anywhere to the upside despite all the positive developments

BITCOIN / USD Daily

Precious Metals

Gold hits all time high as COMEX delists London Gold and Silver futures.

From CME Group

GOLD / USD Daily

Foreign Exchange

USD lower on weaker than expected data overnight. Could be building a bear flag for a continuation lower.

DXY Daily

Equities

Higher but not by much with Vix falling, All eyes on the FED on Wednesday.

World Equities

Interesting

Donald Trump shock pushes neutral Swiss to seek closer defence ties [FT]

Trump DEI Purge Hits Affordable Housing Groups [Bloomberg] 

Economic Indicators Today