Date: 21st February 2025. European PMI Disappoint, Weighing on Euro Before German Elections The German Manufacturing PMI read 0.5 points higher than previous expectations and the Services PMI was 0.2 points lower. The data from Germany was a relief...
EU Commission to lift budget caps on defense spending According to European Commission President Ursula von der Leyen, the EU is ready to propose exempting defense from EU limits on government spending. The statement follows pressure from US...
GBP/USD Fundamental Analysis: Today, GBP/USD is facing mixed sentiment as market participants digest key economic data. The UK’s latest inflation report showed a slight dip in CPI, reinforcing speculation that the Bank of England (BoE) could lean...
USD/CAD Price Forecast USD/CAD rises to near 1.4200 as the US Dollar bounces back from the YTD low. Fed officials have been guiding a restrictive monetary policy stance. Investors await the Canadian Retail Sales data and BoC Macklem’s speech. The...
Bitcoin on track to hit $1.5 million target by 2030 In the Big Ideas 2025 report, Ark Invest CEO Cathie Wood anticipates Bitcoin soaring to a staggering $1.5 million by 2030. The leading digital asset is not going to give up its flagship status....
