Financial Markets Update 2 October 2025
No Nonfarm Payroll due to government shutdown
News Overnight
ADP surprised markets coming in negative, but with NFP pushed back now, they chose to ignore it. Like markets are ignoring large company bankruptcies.
The move to non-sovereign assets is gaining momentum as Bitcoin follows Gold and Silver higher.
Breaking
First Brands bankruptcy probe examines if invoices were pledged multiple times [FT]
Supreme Court blocks Trump from immediately firing Fed’s Lisa Cook [FT]
US government remains shut as senators fail to agree funding plan [FT]
Trump Plans to Use Shutdown to Fire Federal Workers This Week [Bloomberg]
For Free Subscribers
Bitcoin Update 2 October 2025
Electric price action from Bitcoin as price breaks through the resistance band. But we still need to close and confirm above and then create a higher high.
For Paid Subscribers
Silver Update 2 October 2025
For so long we’re heard that Silver is cheap against Gold, and with a Gold:Silver ratio at 82 it probably still is, but not so much.
Economic Indicators Today
