Limit Up! 14th January 2025
Ian Reynolds
Investing and Trading | Capital Markets | Macroeconomics| Bitcoin & Decentralised Finance | Helping to Find the Money Flow | Commentator | Speaker
Overnight
Markets were poised for a really big sell-off as treasury yields backed up, stock markets sold off and currencies (apart from USD) fell. Our guru was here to save us. 100% record. The crash didn't happen!
Despite the apocalypse not happening, stock markets are firmly in correction territory and bond yields remain at their recent highs
Expect choppiness as Trump day beckons and expect the outgoing Biden administration to do everything in their power to make things difficult. Scorched earth policy.
Breaking
Foreign Exchange
Aussie and other G20 currencies staging a bounce but emerging market currencies still weak.
Equities
US markets bounce but Chinese markets down.
Bonds
Yields didn't spike, as feared, but they didn't go down either.
Precious Metals
Gold and Silver hammered too
Crypto
Bitcoin stages big recovery after being down 5% at one stage.
Commercial Real Estate
Interesting
Economic Indicators Today