Limit Up! 8th April 2025
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Overnight
US Equities
Finally a break in the selling but possibly we're in the eye of the hurricane with more to come. Rumours of China selling US Treasuries pushed the 10 year yield all the way back to before Liberation Day, that's 25bps.
Stocks, oil and currencies took a breather with Gold and bonds the losers
Breaking
It's a new world. The Chinese Embassy reminding America about Republican policy with tariffs.
Equities
A bit of a bounce from the NASDAQ but that's a long way down.
NASDAQ Daily
Bitcoin
Doji close not enough for the possibility of a break above the downtrend, now at 87k
BITCOIN / USD Daily
Commodities
Gold surprises to the downside.
GOLD / USD Daily
Bonds
That's a huge move and one that we all need to follow. The chart of truth.
US 10 Year Government Bond Yields
Foreign Exchange
A poor close for the Aussie doesn't bode well
AUD / USD Daily
Interesting
Australia not immune to tariffs; watch for RBA rate cuts, says Treasurer Chalmers [investing.com]