Financial Markets Update 9 October 2025
Markets on edge as uncertainty rises
News Overnight
Terrible news for Germany as the decline in it’s industrial base continues. The sharp decline in Industrial Production was primarily driven by a collapse in the country’s largest industrial sector, the automotive industry, where output fell a staggering 18.5% MoM, adj for seasonality & working days.
Breaking
Stablecoin Adoption Poised to Drive Dollar Buying, JPMorgan Says [Bloomberg]
Fed officials were cautious about inflation as they agreed rate cuts [FT]
Gold’s Spectacular Three-Year Rally Is Breaking All the Records
US Stablecoin Dream Is a Nightmare for China [Bloomberg]
Argentine Treasury struggles to contain peso slide, awaits US support [Reuters]
Markets face ‘sharp correction’ if mood sours on AI or Fed freedom, Bank of England says [Reuters]
For Free Subscribers
S&P 500 9 October 20025
With the NASDAQ asking all the up or down questions, the S&P has been chugging along nicely in it’s own trend since 1 August.
For Paid Subscribers
Silver Update 9 October 20025
Price is now getting tired. It’s been kept up by the relentless upward momentum of Gold. A pullback to 46.60 is on the cards short-term, and maybe 41.50.




