News Overnight
Caution for the ECB as inflation ticks up again. Markets didn’t care of course as everyone was watching the parabolic rise in Gold and Silver. That ended with a trainwreck close.
Breaking
Wall Street banks regain ground after global rout on credit worries [Reuters]
Moody’s says the banking system, private credit markets are sound despite worries over bad loans [CNBC]
France Gets Debt Warning as S&P Downgrades in Unscheduled Move [Bloomberg]
Crisis grips China as nation on brink of property market ‘death spiral’ [News.com.au]
German Chancellor Friedrich Merz calls for single European stock exchange [FT]
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Gold Update 20 October 2025
The Gold frenzy hit a brick wall on Friday evening, price having got up to 4,380 at one stage. A consolidation, maybe for many months, is needed here as price is way ahead of itself.
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Bitcoin Update 20 October 2025
A good break from the FUD but a lot of work to do on the upside. Trend resistance 110.1k, pivot tops at 115.8k and 117.9k all need to be conquered, along with consolidation above the minor downtrend at 115.8k.
Economic Indicators This Week
