Limit Up! 8th September 2025
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Overnight
Japan GDP Q2 2025
Japan surprises with a rebound in GDP to 2.2% annualised in Q2. It's old news of course and a revision but equally bucks the trend of the economy stagnating.
US job growth in year through March was far lower than estimated [Reuters]
The department's estimate for total payroll employment for the period from April 2023 to March 2024 was lowered by 818,000.
Breaking
Bitcoin
A bit of a bounce for BTC this morning but price being driven elsewhere.
Commodities
The relentless buying of Gold continues this morning. If Silver underperforms as economy tanks and Bitcoin can be pulled down by tech stocks, there's only one choice for monetary hedge at the moment.
Foreign Exchange
Aussie breaking higher but after 15 years price has pierced the trend-line many times. Price confirmation and pull back to the scene of the crime is the tactic here.
Bonds
A big rally in bonds, drop in yields, across the board on Friday but Australian yields not so much, and nearly 2% higher than 10 years ago. In line with AUD/USD looking to break a 15 year resistance, there is a good trade about to appear.
Australia 30 Year Government Bond Yield Daily
Equities
Tesla at short-term resistance. Plenty of bad news/hating but yet again it keeps crawling along the bottom of the channel. There's a $100 per share opportunity coming up.
TESLA Daily