Limit Up!

Limit Up! 24th January 2025

Written by Ian Reynolds | Jan 23, 2025 3:57:14 AM

Overnight

Breaking

S&P 500 hovers near record high as Trump says he'll demand lower interest rates [investing.com]

Beijing tells insurers to buy more Chinese stocks [FT]

Cracks could be showing in UK's reserve currency status, rating agency warns [Reuters] 

Foreign Exchange

Aussie looking to confirm breakout of the downtrend channel. With DXY stable this is promising, 

AUD / USD Daily

Equities

US equities mixed overnight

US Equity Markets

Bitcoin

It may look messy but short-term structure remains firm. BTC looked offered yesterday but is rallying today

BTC / USD Daily

Bonds

Slowly but surely the 10 year yield ticking back up to the danger zone

US 10 Year Government Bond Yield Daily

Precious Metals

Silver can't hold any of the recent gains

SILVER / USD Daily

Commercial Real Estate

Regional Banks Face Headache From Rising Treasury Yields [Bloomberg]

Interesting

Analysis on the shocking Queensland Budget [LinkedIn]

Bank of Canada expects to end quantitative tightening in first half of 2025 [Financial Post]

Economic Indicators Today