Limit Up! 6th March 2025

Links

Daily LinkedIn | Weekly LinkedIn | Next event | Check out the website


Breaking

Economic Indicators Released Overnight

Economic Indicators Released Overnight

US Non-Manufacturing PMIs positive and nothing new from Trump's speech to congress. Risk assets up, bond yields up and USD down a lot.

Crypto Summit and Nonfarm Payroll tomorrow. Have seen some looking for big misses in NFP as confirmed by ADP number.

With trade wars increasing and political instability globally, how long before investors dump bonds for non-sovereign assets significantly?

ECB rates decision today. Can they do 50bps instead of expected 25bps?

World Equities

World Equities


Bitcoin

BTC looking positive in front of today's crypto summit in the US. Even the words "non-sovereign asset' sound good in the current climate. BITCOIN /USD Daily

BITCOIN /USD Daily


Precious Metals

Gold rises and Silver breaks out. Let's see if it confirms because a big move should be on the way as that wedge breaks.

SILVER / USD Daily

SILVER / USD Daily


Bonds

Yields rose across the board yesterday (apart from China) and by 20% in Germany. Chart looks like Tesla or similar risk asset, not the benchmark yield of a the third biggest economy in the world. 

Germany 10 Year Government Bond Yield Daily

Germany 10 Year Government Bond Yield Daily

German Debt Has Worst Day Since Aftermath of Berlin Wall’s Fall [Bloomberg]


Foreign Exchange

USD moves a lot lower, nearing the first target level at 103.20 (generated from the broken heads and shoulders).

 DXY Daily

 DXY Daily


Equities

Increasing volatility in the Hang Seng means we're going to have a big move soon.

hang seng

Hang Seng Daily


Interesting

New Zealand Central Bank Chief’s Shock Exit Comes as Nation Tries to Shake Off Recession [Bloomberg]


Economic Indicators Today

Economic Indicators Today