Well done Larry Ellison. The richest man in the world.
US PPI Benign
The Producer Price Index (PPI) for final demand decreased by 0.1% in August 2025 on a seasonally adjusted basis, marking an unexpected decline after a 0.7% rise in July (revised from an initial 0.2% increase). This followed a 0.1% gain in June. Over the 12 months ending in August, the final demand PPI rose 2.6% year-over-year, down from a revised 3.1% i…
Bitcoin Update
After 2 months price price finally tagged the neckline of the inverse head and shoulders. Looks like we’re going to close above the short-term parallel and will hope to consolidate tomorrow.
Gold Update
Gold advanced today but yesterday’s shooting star is the most powerful indicator and will keep price below 3,675 and will likely retrace to 3,500. A close and consolidation above 3,675 and 3,880 comes into play.
Silver Update
A positive day so far for Silver but getting through the 2 resistance lines will need a lot of fuel, and with the narrative of a now weak US economy, that seems to be unlikely.
AUD/USD Update
AUD/USD the first beneficiary of USD bouncing along the bottom. EURO and GDP haven’t seen this strength of move yet. Does that make this a false flag? Needs a close and confirmation above 0.6625 to be sure.
USD/CAD Update
The base forming below 1.3600 gives us a nice parallel with target at > 1.3900. Price has respected the middle so maybe some day trading opportunities.
Canada 30 Year Bond Yield Update
4 month trend higher has broken with 7 down days, as Canada moves towards recession and the weakness in the US economy is not preceived to be able to help it out. Trump or no Trump, Canada is the US biggest trading partner so looking like they both go down together.
Switzerland 10 Year Government Bond Update
No technical analysis needed. Won’t be soon before Swiss yields are negative again and that means trouble.
