Limit Up! 8 October 2025

Overnight

Economic Indicators Released Overnight

Markets are getting nervous now as US Government is still shut, with another vote in the senate failing yesterday.

Equities and Bitcoin moved lower and USD and Gold moved up. Vix is trundling along the bottom and talking heads are looking for a big correction in equities (again).

US Equities

Breaking

Gold hits record high on broader uncertainty, rate cut bets [Reuters]

Australians expect property boom as sentiment hits 15-year high [AFR]

Emerging markets roar back with biggest stock rally in 15 years [FT]

Yen, euro extend declines against dollar as politics dominates [Reuters]

Bitcoin

Price needs to recover 123k today or we’ll be back down to 117k. In reality, weekly chart tells the story and price could go all the way back down to 108k. Read more

BITCOIN/USD Daily

Commodities

Silver’s tight uptrend beginning to break and a trip to $46.20 could be on the cards. Read more

SILVER/USD Daily

Foreign Exchange

The 15 year trend support and recent FED cut policy mistake, combined with the double bottom at 96.20 has given us room to consider a change of direction for the USD. Read more

DXY Daily

Equities

Price action only just about confined by the wedge pattern. Negative red candle yesterday but trend is still higher. Read more

NASDAQ COMPOSITE Daily

Bonds

Very strong parallel channel starting to break to the upside. Like the USD, FED policy error has put a bottom on the 10 year yield (at 4%). Read more

US 10 Year Government Bond Yield Daily

More on Substack

USD/YEN Update 8 October 2025

Gold Update 8 September 2025

Interesting

Germany approves pension reform to incentivize later retirement [Reuters]

Mark Carney lays out his plan for 'the biggest crisis of our lifetimes'

Economic Indicators Today