Limit Up! 2nd September 2025

Overnight

Economic Indicators Released Overnight

Economic Indicators Released Overnight

Quiet data-wise overnight with the US and Canada on holiday. Such data as was released portrayed economies that are stagnating at low levels. We've seen this consistently over the past year. Green shoots of recovery die off pretty fast.

However one market was going nuts yesterday: Silver.

SILVER/USD Daily

SILVER/USD Daily


Breaking 

ECB's Lagarde warns of risk to world economy via Trump interference on Fed [Reuters]


Bitcoin

Price action is all negative for BTC but we can't get below 107k. Will be turning positive soon and we can take a look at the inverse head and shoulders once price confirms above the neckline at 114k.

BITCOIN/USD Daily

BITCOIN/USD Daily


Commodities

Gold spiking too towards the all time high. Very positive but would likely see a pushback when markets reopen.

GOLD/USD Daily

GOLD/USD Daily


Bonds

UK long yields breaking higher again. Markets are near to forcing some clarity from woeful UK government.

UK 30 Year Government Bond Yield Daily

UK 30 Year Government Bond Yield Daily


Foreign Exchange

USD, via DXY, looking week in thin trade. Below 96.75 and price can't even support a short-term higher high.

DXY Daily

DXY Daily


Interesting

Copper Edges Up Toward $10,000 as Demand Drives Month of Gains [Bloomberg]

Meloni Rebukes French Claim of Italian ‘Fiscal Dumping’ [Bloomberg]


Economic Indicators Today

Economic Indicators Today