Limit Up! 26 September 2025

Ian Reynolds September 25, 2025

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Overnight

Economic Indicators Released Overnight

Strength in the US economy was the data story overnight with GDP for Q2 coming in at 3.8%, that's QoQ. Thing is it's driven by the insane capital investments on AI, data centres, nuclear etc.

Jobless Claims drops back to 218k in the week has economists scratching their heads.

Markets are nervous.

US Equities

Breaking

White House tells agencies to prepare mass firings in case of shutdown - Politico [investing.com]

Nine European Banks to Launch MiCA Euro Stablecoin in 2026 [Yahoo! Finance]

Starmer to announce plans for digital ID scheme [BBC]

Treasury's Bessent says he's looking for someone with an open mind for Fed chair [Reuters]

Bitcoin

A clear, steep downtrend which will spark a massive rally when broken. Except that’s not going to be anytime soon. We’ve seen this movie before. Read more

BITCOIN/USD Daily

Commodities

Lots of Silver bugs trying to pick tops, up to $150, but that’s a mugs game. Concentrate on the trend, get your investment back first so you have a free trade, and then scale out. Less than 10% can be used for a moonshot and only when good profits have been taken. Read more

SILVER/USD

Foreign Exchange

The big spike down below trend support to 146.25 gives us a worst case for long positions. Below 147.50 would also be another nearer stop level. Read more

USD/YEN Daily