Limit Up! 1st July 2025

Overnight

Economic Indicators Released Overnight

ECB can keep cutting rates with lower CPI and retail sales. They don't have to worry about EUR/USD as markets awash with USD weakness chatter.

Chicago PMI seems ominous.

Is Modern Monetary Theory back? All talk of Powell being replaced, much lower rates and higher debt ceiling.

All that doesn't make 10 year yields lower as Trump/Bessent crave.

Hedge Fund CIO: "Trump Has Decided To Go For Broke, And Pump This Economy Into A Boom To Grow Our Way Out Of Debt" [Zerohedge]

Federal Reserve Chair Jerome Powell is speaking today—July 1, 2025—at the ECB Forum on Central Banking in Sintra, Portugal, where he's participating in a high‑level panel alongside other top central-bank officials

Equities cautiously positive but Bitcoin lower tells me the melt up isn't here yet.

US Equities

Breaking

Bitcoin

BTC needs to close above that support line for momentum to continue otherwise we'll be back at 94k.

BITCOIN/USD Daily

Commodities

Nice bounce in Gold as Silver treads water.

GOLD/USD Daily

Foreign Exchange

DXY bang on support as chatter strengthens. Currency pairs are undecided.

DXY Daily

Bonds

Yields on 10 year now slightly lower than 4 year support.

US 10 Year Government Bond Yield Daily

Equities

NASDAQ needs to confirm above the all time high for a push into new territory.

NASDAQ COMPOSITE Daily

Interesting

Economic Indicators Today