Limit Up! 11th March 2025
Ian Reynolds
Investing and Trading | Capital Markets | Macroeconomics| Bitcoin & Decentralised Finance | Helping to Find the Money Flow | Commentator | Speaker
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Overnight
Good to see German Industrial Production beating expectations and there will a lot more defence production soon!
Also Japan's solid GDP print confirms rates higher.
All of which is completely irrelevant as US stock markets were a sea of red by the close, having gone even lower during the day.
The star performer was Tesla. Hopefully Elon wasn't too busy to notice.
Actually yesterday was light on economic numbers and even the tariff saga took a break so investors had recession to deal with.
Breaking
Bitcoin
BTC has almost completed the round trip to 73,500.
Precious Metals
Even Gold and Silver sold off but forming a bull flag.
Bonds
A poor JGB auction confirmed rates need to be higher to attract investors.
Foreign Exchange
And YEN strengthens further as we slide down the right shoulder
Equities
NASDAQ finally breaks long term support
Interesting
Economic Indicators Today