Market Fundamentals: Financial markets are increasingly pricing in a 25 basis point (bps) interest rate cut by the Federal Reserve, with the likelihood of a deeper cut rising to 36.5%, up from 24% last week, according to the CME Tool. This growing...
Market Fundamentals: The company has continued its aggressive Bitcoin acquisition strategy, purchasing an additional 1,000 BTC tokens for the ninth consecutive week. This brings its total Bitcoin holdings to 447,470 BTC, valued at an impressive...
Market Fundamentals: OPEC+ has maintained significant production cuts in recent years, amounting to 5.86 million barrels per day (bpd), to stabilize oil prices amid sluggish global demand. Analysts estimate that Saudi Arabia holds the capacity to...
From a technical perspective, the EUR/USD has been trading within a descending pitchfork formation extending from the September 2024 highs. The pair recently rebounded off the lower parallel of this formation, with initial support identified at the...
UK Chancellor of the Exchequer Rachel Reeves recently unveiled a £40 billion tax increase aimed at addressing a significant gap in public spending left by previous Conservative governments. A major component of this tax rise will come from increased...
