News Overnight
Markets bounce back on Monday morning as TACO reappears, this time manifesting itself as Vance says 100% tariff talk was just a bargaining ploy.
Unsurprisingly Silver, Gold and Bitcoin jumped as investors pile into non-sovereign assets.
Breaking
US stock futures jump as Trump seeks to calm trade tensions with China [Investing.com]
First Brands Exposure of $1.75 Billion Hits Norinchukin JV [Bloomberg]
China’s export controls on rare earths not export bans; applications of compliant export for civil use can get approval: MOFCOM [Global Times]
US Foreclosure Filings Jumped 17% In Q3 [Zerohedge]
The big red light flashing over private credit and private equity [AFR]
How OpenAI put itself at the centre of a $1tn network of deals [FT]
Japan opposition in talks to challenge Takaichi after coalition collapse [FT]
For Free Subscribers
Bitcoin Update 13 October 2025
Can’t see what the fuss was over the weekend. Bitcoin bounces at support to show it’s just rangebound. Or could be a bull flag from the rapid spike up from 74k.
For Paid Subscribers
Gold Update 13 October 2025
Gold moving higher again and $3,940 looks be the point where new longs will be wrong.
Economic Indicators Today
