Limit Up! 2 October 2025

Ian Reynolds October 1, 2025

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Overnight

Economic Indicators Released Overnight

ADP surprised markets coming in negative, but with NFP pushed back now, they chose to ignore it. Like markets are ignoring large company bankruptcies.

The move to non-sovereign assets is gaining momentum as Bitcoin follows Gold and Silver higher.

Equities too.

US Equities

Breaking

First Brands bankruptcy probe examines if invoices were pledged multiple times [FT]

Supreme Court blocks Trump from immediately firing Fed’s Lisa Cook [FT]

US government remains shut as senators fail to agree funding plan [FT]

Trump Plans to Use Shutdown to Fire Federal Workers This Week [Bloomberg]

Bitcoin

Electric price action from Bitcoin as price breaks through the resistance band. But we still need to close and confirm above and then create a higher high. Read more

BITCOIN/USD Daily

Commodities

We’d expect some consolidation here to give price the energy to spike to the top of the trend channel at 3,900 to 4,000. And the price does seem weary. Read more

GOLD/USD Daily